18620 Palo Verde Avenue
Cerritos, CA, 90703
$1,850,000
Beds
0 Baths
SqFt
0.17 Acres
Add
Highly desired "Covington Home Quadruplex" in an EXCELLENT LOCATION!! RARELY on the market! Stand alone 4 Unit Building. Excellent condition with LONG TERM tenants. Beautiful manicured lawn with auto sprinklers. Open walk ways and yard. This 4 unit feels like its own private community! Front unit (A) is single level with 3 bedrooms, 2 baths, fireplace, front porch area, and a 1 car garage. Unit B is a single level with 2 bedroom, 2 baths and 2 single garages. Unit C is a 2 bedroom, 2 bath upper unit with a 1 car garage and a balcony. Unit D is a 1 bedroom, 1 bath upper unit with a 1 car garage. Units A, B and C all have Central Air and Forced Heating. Unit D has a wall window AC & Wall Heater. ALL 5 garages have newer roll up doors with auto openers and battery back ups, are deep and have a large storage cabinet inside. There is a coin operated Laundry room-owned by Seller and a large central water Heater for these 4 units-on a separate owner meter. Tenants pay their own gas & electric (4 separate meters). GREAT schools, Cerritos Mall, restaurants and Cerritos Performing Arts Center, all located nearby. An Investors DREAM!

Property Details

Price:
$1,850,000
MLS #:
PW24212013
Status:
Active
Baths:
0
Address:
18620 Palo Verde Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
rdcerritossouthof91frwywofnorwalk
City:
Cerritos
Listed Date:
Oct 12, 2024
State:
CA
ZIP:
90703
Lot Size:
7,423 sqft / 0.17 acres (approx)
Year Built:
1969
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Schools

Interior

Cooling
Central Air, Wall/ Window Unit(s)
Fireplace Features
Family Room
Flooring
Carpet, Vinyl
Heating
Forced Air, Wall Furnace

Exterior

Community Features
Curbs, Sidewalks
Garage Spaces
5.00
Lot Features
Front Yard, Lawn, Level, Sprinkler System, Sprinklers Timer, Yard
Parking Features
Garage, Garage Faces Rear, Garage – Single Door, Garage Door Opener, Street
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Map

Community

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18620 Palo Verde Avenue
Cerritos, CA