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18624 Del Rio Place Cerritos, CA 90703
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ND24053325
Sold Date 05/15/24
Bedrooms 6
HOA Y/N No
Lot Size 8,917 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.
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 Cerritos (90703)
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
Exterior Feature Stucco
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $92
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash
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Bought with Eddie Yeh • Keller and Associates Realty