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18620 Palo Verde Avenue

18620 Palo Verde Avenue Cerritos, CA 90703

Multi-Family (2-4 Units) MLS #: PW24212013 Listed By CENTURY 21 Discovery

$1,950,000

8 beds | 7 baths | 4,084 sq ft
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Estimated monthly payments: $8,524/mo.* (recalculate)
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BEAUTIFUL manicured grounds. Peaceful & Quiet!!!

Property InformationDescription

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!
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Features

  • Lot Size: 7,423 Acres
  • Style: 2 Story

MAP & DIRECTIONS

MAP & DIRECTIONS

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18620 Palo Verde Avenue, Cerritos, CA 90703
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School Information

18620 Palo Verde Avenue, Cerritos, CA 90703

Elementary School
Grades KG-6 | Public School
ESTHER LINDSTROM ELEMENTARY
Lakewood, CA 90713
5900 Canehill Ave
562.­804.6525
Distance: 0.1 mi
School Rating
C+
Student:Teacher Ratio
25:1
Total Students
625
Middle School
Grades 7-12 | Public School
MAYFAIR HIGH SCHOOL
Lakewood, CA 90713
6000 Woodruff Ave
562.­925.9981
Distance: 0.5 mi
School Rating
B+
Student:Teacher Ratio
22:1
Total Students
2820
High School
Grades 7-12 | Public School
MAYFAIR HIGH SCHOOL
Lakewood, CA 90713
6000 Woodruff Ave
562.­925.9981
Distance: 0.5 mi
School Rating
B+
Student:Teacher Ratio
22:1
Total Students
2820
Other Nearby Schools Distance Type Grades School Rating
Bright Time Child Care Learning Center 0.3 mi Private PK-TKG
Valley Christian Middle School 0.5 mi Private 7-8
St Joseph High School 0.6 mi Private 9-12
Valley Christian Schools 0.7 mi Private PK-12
Wonderland Preschool 0.8 mi Private PK-T1
Thomas Jefferson Elementary 0.9 mi Public KG-6 B
Valley Christian Schools 0.9 mi Private PK-12
Gompers K - 8 School 1.1 mi Public KG-8 A
Gahr High School 1.1 mi Public 9-12 A
Bragg Elementary School 1.2 mi Public KG-6 A-
Cleveland Elementary School 1.2 mi Public KG-5 A
Las Flores Home Education Independent Study Academy 1.2 mi Public KG-12 B
Burbank Elementary School 1.3 mi Public KG-6 A-
Stephen Foster Elementary 1.3 mi Public KG-6 A
Craig Williams Elementary 1.5 mi Public KG-6 C-
Macarthur Elementary School 1.5 mi Public KG-5 B+
Fecc Children Academy 1.5 mi Private PK-KG
Montessori House Of Children 1.5 mi Private PK-KG
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.

Demographic Data

Cerritos, CA 90703

Median Age: 46.7
Married: 67%
Number of Households: 15,052
Households with Children: 30.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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