18620 Palo Verde Avenue, Cerritos, CA 90703

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Property Description

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!


Interior Features

Laundry Information
Location(s) Laundry Room
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Carpet, Vinyl
Interior Information
Cooling Type Central Air, Wall/Window Unit(s)

Listing Information

Address 18620 Palo Verde Avenue
City Cerritos
State CA
Zip 90703
County Los Angeles
Listing Agent Cindy Berg DRE #01190975
Courtesy Of Century 21 Discovery
List Price $1,950,000
Status Active Under Contract
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 7,423
Year Built 1969

Listing information courtesy of: Cindy Berg, Century 21 Discovery. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 14th, 2024 at 5:03 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.