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Sale Pending

18624 Del Rio Pl, Cerritos, CA, 90703

$1,900,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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18624 Del Rio Pl, Cerritos$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDoor-Single, Garage, On Site, Off Street, Garage Faces Rear
Garage4 spaces
Year Built1969
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
MLS #ND24053325
Lot Size0.20 Acres
StatusSale Pending
(Pending)

About 18624 Del Rio Pl

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.

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Stories: 2

Listing Office:

  • Office Name: Compass
  • Office Phone: (619) 549-9166
  • Listing Agent: Tammy Willis

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Refrigerator, Water Heater, Dryer, Washer
  • Interior: Ceiling Fan(s), Laminate Counters
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Door-Single, Garage, On Site, Off Street, Garage Faces Rear

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000

Tax Information:

  • Annual Amount: $2,847
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cerritos, CA.

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Cerritos, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$587

Avg. Days On Market

6

# of Sold Homes

7

18624 Del Rio Pl vs Cerritos

41 DAYS ON ROCKET

+35 Days

$1,900,000

+$896.2K More

KEY TAKEAWAY

This property is $896.2K more than the Median Sold Price in Cerritos, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ND24053325

Listing Office:

  • Office Name: Compass
  • Office Phone: (619) 549-9166
  • Listing Agent: Tammy Willis

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 6:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,847$166,068
2020$2,781$163,376
2019$2,608$160,173
2018$2,560$157,034
2017$2,560$153,956

History based on county public records data.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1059760
5
/10

  • Esther Lindstrom Elementary School

  • 5900 Canehill Ave

  • 0.20 miles

  • Public District Grades KG-6

school-card-donut-1059761
5
/10

  • Thomas Jefferson Elementary School

  • 10027 Rose St

  • 0.95 miles

  • Public District Grades KG-6

school-card-donut-1059762
8
/10

  • Bragg Elementary School

  • 11501 Bos St

  • 1.11 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,791. Residents of Cerritos, CA typically earn between $35k-100k each year. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Cerritos›90703›18624 Del Rio Pl

This home is located at 18624 Del Rio Pl in Cerritos, CA and zip code 90703 in the The Southeast neighborhood. This home, which was built in 1969, sits on a 0.20 acre lot. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $1,900,000.

While more than 3 listings in Cerritos, CA in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below. The number of listings in Cerritos, CA increased by 14.3% between February 2024 and March 2024. Listings spent 6 days on the market in March 2024, and had a median list price of $1,003,750 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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