Thank you
Tammy Willis
Compass
619-353-5799
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.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1063425711 | 1 | 1 | 1 | 0 |
2 | 1063425711 | 2 | 2 | 2 | 0 |
3 | 1063425711 | 2 | 3 | 2 | 0 |
Water Source : Public
Sewer : Public Sewer
Interior Features: Ceiling Fan(s),Laminate Counters
Windows: Garden Window(s)
Property Appliances: Dishwasher,Gas Range,Refrigerator,Water Heater,Dryer,Washer
Fireplace: Living Room
Central Air
Air Conditioning
Central
Has Heating
Fireplace Features: Living Room
Has Fireplace: 1
Year Built: 1969
Building Area Total: 4,009
Construction: Stucco
Slab
None
Common Area,Washer Hookup,Laundry Room
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2047
Lot Size Source: Assessor
Lot Size Square Feet: 8917
Original List Price: 1,900,000
Listing Contract Date: 2024-03-14
Listing Agreement: Exclusive Right To Sell
Parcel Number: 7038006021
Garage Description: Door-Single,Garage,On Site,Off Street,Garage Faces Rear
Lease Term: Negotiable
Tenant Pays: Cable TV,Electricity,Gas
Source Listing Status: Pending
Source Neighborhood: RD - Cerritos South of 91 Frwy, W of Norwalk
Postal Code Plus 4: 8078
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
Zoning: CERM
Source Property Type: Residential Income
Area: RD - Cerritos South of 91 Frwy, W of Norwalk
Property SubType: Quadruplex
Property Age: 55
Common Walls: 2+ Common Walls
Property Condition: Turnkey
Structure Type: Quadruplex
Year Built Source: Assessor
Entry Level: 1
Entry Location: front
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
16327 Millstream Lane, Cerritos, CA,90703 | $753,500 | 2 | 2 | 1,376 | 1861 Sqft |
17403 Mapes Avenue, Cerritos, CA,90703 | $1,349,888 | 4 | 3 | 2,231 | 6987 Sqft |
16302 Flat Peak Lane, Cerritos, CA,90703 | $1,100,000 | 3 | 2 | 1,677 | 5483 Sqft |
12155 Eastman Street, Cerritos, CA,90703 | $1,099,000 | 3 | 2 | 1,504 | 6873 Sqft |
17222 Stowers Avenue, Cerritos, CA,90703 | $1,349,000 | 5 | 2 | 2,174 | 5092 Sqft |
19623 Mapes Avenue, Cerritos, CA,90703 | $1,050,000 | 3 | 1 | 1,429 | 5090 Sqft |
13258 Essex Place, Cerritos, CA,90703 | $1,195,000 | 4 | 2 | 2,128 | 5218 Sqft |
13429 Village Drive, Cerritos, CA,90703 | $585,000 | 2 | 1 | 853 | 7321 Sqft |
11142 Bingham Street, Cerritos, CA,90703 | $988,800 | 3 | 2 | 1,468 | 5796 Sqft |
19928 Meadows Court, Cerritos, CA,90703 | $1,075,000 | 3 | 2 | 1,431 | 5002 Sqft |
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ByOwner last updated this listing 05/02/2024 @ 08:36
MLS: ND24053325
LISTED BY: Tammy Willis, Compass
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.