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18624 Del Rio Place

Cerritos, CA 90703

– beds
– baths
– sqft
8,917 sqft lot
1969 build
– on site

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.

Listed By CRMLS_CA / Tammy Willis / Compass / 619-549-9166

Last checked: Checking… • Last updated Apr 26, 2024 •

MLS# ND24053325 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1969
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Entry Level:

1
Foundation:

Slab
Common Walls:

2+ Common Walls
Number With Patio:

3
Building Area Total:

4009.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

4
Stories Total:

2
# of Separate Gas Meters:

5
# of Separate Electric Meters:

5

Interior

Features:

Ceiling Fan(s), Laminate Counters
Levels:

Two
Entry Location:

front
Window Features:

Garden Window(s)
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Common Area, Community, Dryer Included, Individual Room, Washer Hookup, Washer Included
Laundry:

1

Location

Directions:

from i605 take South St exit go west to Palo Verde then North on Palo Verde to a right on Droxford. Then left onto Del Rio Place
Latitude:

33.86176100
Longitude:

-118.10667000

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Turnkey
Zoning:

CERM
Lot Features:

0-1 Unit/Acre
Lot Size Area:

8917.0000
Lot Size Acres:

0.2047
Lot Size SqFt:

8917.00
Lot Size Source:

Assessor
Road Frontage:

Alley, City Street
Road Surface Type:

Alley Paved, Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5545.21
Tax Tract:

30548
Tax Lot:

21

The Listing

Buyer's Brokerage Compensation:

2.500%
Special Listing Conditions:

Trust
Buyer's Brokerage Compensation:

$2.50
Parcel Number:

7038006021

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Electricity - On Property
Water Source:

Public

Appliances

Appliances:

Dishwasher, Gas Range, Refrigerator, Water Heater Central
Included:

Yes

The Community

Senior Community:

No
Features:

Curbs, Gutters, Sidewalks, Suburban
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No

Parking

Parking:

Yes
Parking:

Garage, Garage Faces Rear, Garage - Single Door, Off Street, On Site
Parking Spaces:

10.00
Garage Spaces:

4.00
Uncovered Spaces:

6.00

Extra Units

Number With Dishwasher:

4
Number With Refrigerator:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/14/24 Apr 14, 2024	Pending	CRMLS_CA	$1,900,000
3/16/24 Mar 16, 2024	Listed / Active	CRMLS_CA	$1,900,000

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This multifamily located in Southeast La, Cerritos, CA 90703 is currently pending sale for $1,900,000. 18624 Del Rio Place is a – square foot multifamily with – beds and – baths that has been on Estately for 44 days. 18624 Del Rio Place is in the Southeast La neighborhood of Cerritos and has a WalkScore® of 55, making it somewhat walkable. This multifamily is in the attendance area of Esther Lindstrom Elementary School and Mayfair High School.

Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 08:58 on Apr 27.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.