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18620 Palo Verde Avenue, Cerritos, CA 90703

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For Sale
Price Reduced

$1,850,000

8 beds • 7 baths • 4,084 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $452.99
    Price per square foot

Explore this Property

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!
MLS# PW24212013

Listed By CENTURY 21 Discovery

Property Features

  • Lot Size
    7,423 Acres
  • Style
    2 Story

Map and Directions

Directions to 18620 Palo Verde Avenue, Cerritos, CA 90703

Home seller Meet the Agent,
Cindy Berg

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Cindy Berg

of CENTURY 21 Discovery

(714) 272-0779
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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