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18624 Del Rio PL Cerritos, CA 90703
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Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ND24053325
Sold Date 05/15/24
Construction Status Turnkey
HOA Y/N No
Year Built 1969
Lot Size 8,916 Sqft
Property Description
First time on the market since 1970!!!! Rarely available and well-maintained fourplex with a desirable mix of units located on a wide and low-density cul de sac. Each unit comes with a private garage and additional parking space along with ample street parking for guests. 2 of the units offer private yard/patio spaces and 1 upstairs unit has a balcony. The unit mix is a 3 bedroom/2 bath on the first level with a large fenced yard. Two- 2 bedroom/2 bath units upstairs and a very spacious 1 bedroom/1 bath on the first level with its own fenced patio yard and direct gate access to parking space. There is a large grassy area for the tenant's enjoyment. The community laundry room comes with a coin-operated washer and dryer and a commercial grade central water heater. The building has newer windows on all of the apartments and most of the apartments have various updates including some with newer luxury vinyl flooring, updated bathrooms, refreshed kitchen cabinets, and recently installed or new HVAC systems. These units are turn key and two of them are prepped and ready for new tenants. This location has great access to the i605 or 91 and there is ample shopping, eateries, and parks nearby. Great opportunity for a 1031 exchange or an owner who would like to occupy one of the units and rent the other three.
Location
State CA
County Los Angeles
Area Rd - Cerritos South Of 91 Frwy, W Of Norwalk
Zoning CERM
Interior
Interior Features Ceiling Fan(s), Laminate Counters
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Gas Range, Refrigerator, Water Heater, Dryer, Washer
Laundry Common Area, Washer Hookup, Laundry Room
Exterior
Garage Door-Single, Garage, On Site, Off Street, Garage Faces Rear
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Gutter(s), Suburban, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 10
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 7038006021
Energy Description 1420.0
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Trust
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Bought with Eddie Yeh • Keller and Associates Realty