Contact Xavier Gomez
Schedule A Showing
18620 Palo Verde Avenue, Cerritos, CA 90703
Priced at Only: $1,850,000
For more Information Call
Mobile: 714.478.6676
Address: 18620 Palo Verde Avenue, Cerritos, CA 90703
Property Photos
Property Location and Similar Properties
- MLS#: PW24212013 ( Quadruplex )
- Street Address: 18620 Palo Verde Avenue
- Viewed: 8
- Price: $1,850,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1969
- Bldg sqft: 0
- Days On Market: 72
- Additional Information
- County: LOS ANGELES
- City: Cerritos
- Zipcode: 90703
- Provided by: Century 21 Discovery
- Contact: Cindy Cindy
- DMCA Notice
-
DescriptionHighly 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!
Features
Association Fee
- 0.00
Builder Name
- Covington
Building Area Total
- 4084.00
Commoninterest
- None
Common Walls
- 2+ Common Walls
Cooling
- Central Air
- Wall/Window Unit(s)
Country
- US
Days On Market
- 59
Electric Expense
- 313.00
Entry Location
- ground + 1
Fireplace Features
- Family Room
Flooring
- Carpet
- Vinyl
Fuel Expense
- 980.00
Garage Spaces
- 5.00
Gardner Expense
- 960.00
Heating
- Forced Air
- Wall Furnace
Inclusions
- 1 set of "Coin Operated" Washer & Dryer in Laundry room
Insurance Expense
- 1825.00
Laundry Features
- Dryer Included
- Individual Room
- Washer Included
Laundry Income
- 840.00
Levels
- Two
Lockboxtype
- None
Lot Features
- Front Yard
- Lawn
- Level
- Sprinkler System
- Sprinklers Timer
- Yard
Netoperatingincome
- 94711.00
Parcel Number
- 7038006013
Parking Features
- Garage
- Garage Faces Rear
- Garage - Single Door
- Garage Door Opener
- Street
Pool Features
- None
Property Type
- Quadruplex
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 425097400:CRM
Spa Features
- None
Tenant Pays
- Cable TV
- Electricity
- Gas
Totalactualrent
- 8400.00
Totalexpenses
- 6929.00
Trash Expense
- 1207.00
Utilities
- Cable Available
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Sewer Connected
- Water Connected
Water Sewer Expense
- 1644.00
Water Source
- Public
Year Built
- 1969
Year Built Source
- Assessor
Zoning
- CERM
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com