Cerritos, CA 90703,18624 Del Rio PL
Cerritos, CA 90703,18624 Del Rio PL
Cerritos, CA 90703,18624 Del Rio PL
Cerritos, CA 90703,18624 Del Rio PL
Cerritos, CA 90703,18624 Del Rio PL
Cerritos, CA 90703,18624 Del Rio PL
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$1,750,000

$1,900,000

7.9%
Est.Price: ?

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Est. payment /mo

8,916 Sqft Lot


SOLD DATE : 05/15/2024

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

Parking Features 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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California Regional MLS (CRMLS)
Listed by Tammy Willis • Compass • 619-549-9166
Bought with Eddie Yeh • Keller and Associates Realty
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880 Roosevelt Suite 250, Irvine, California, 92620, United States

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