Cerritos, CA 90703,18624 Del Rio Place
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Cerritos, CA 90703,18624 Del Rio Place
Cerritos, CA 90703,18624 Del Rio Place
Cerritos, CA 90703,18624 Del Rio Place
Cerritos, CA 90703,18624 Del Rio Place

$1,750,000

Est. payment /mo

$1,900,000

7.9%
Est.Price: ?

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18624 Del Rio Place Cerritos, CA 90703

6 Beds

5 Baths

8,917 Sqft Lot

SOLD DATE : 05/15/2024

Key Details

Sold Price $1,750,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ND24053325

Bedrooms 6

Lot Size 8,917 Sqft

Property Sub-Type Res Income 2-4 Units

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

Others

Monthly Total Fees $92

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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San Diego Regional MLS (SDMLS)
Listed by Tammy Willis • Compass
Bought with Eddie Yeh • Keller and Associates Realty
agent

Candi DeMoura

Realtor | License ID: 01930846

+1(858) 900-1333

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