18609 Del Rio Pl, Cerritos, CA 90703
View Photos

18609 Del Rio Pl Cerritos, CA 90703

$1,450,000 Sold Price as of 08/21/2019
  • 9 Beds
  • 7 Baths
  • 4,065 Sq.Ft.
Sold
$1,450,000 Sold Price as of 08/21/2019 Refinance Your Mortgage

Map preview of 18609 Del Rio Pl, Cerritos, CA 90703

Property Overview: 18609 Del Rio Pl Cerritos, CA has 9 bedrooms, 7 bathrooms, 4,065 living square feet and 9,478 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Cerritos is one of the most desired cities to live in in all of Southern California. Families want to move to Cerritos for it’s top ranking education system, it’s cleanliness and most importantly because of how safe the city is known for being. Cerritos, CA has been ranked safer than 30% of other cities in the state of California. In addition, Cerritos, CA is safer than 24% of cities in the entire United States. Source: Cerritos, CA FBI’s uniform crime reports for the year of 2017. Knowing all of this, what better place to own an income property than in Cerritos, CA.

Listed by Maria Palacios | BRE #01378393 | Berkshire Hathaway Hm Ser
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
9,478
HOA Dues
$0/mo
Year built
1969
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
RS19180813
City
Cerritos
County
Los Angeles
Time on Site
1391 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,410
  • Total Rent: $1,410
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,028
  • Total Rent: $1,028
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,656
  • Net Operating Income: $59,742
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,914
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $35
  • Insurance: $2,500
  • Water/Sewer: $2,000

Property Details for 18609 Del Rio Pl

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Corner Lot, Sprinklers In Front
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7038006016
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross street Palo Verde and South St
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Cerritos Agent

Loading...

Sale History for 18609 Del Rio Pl

Last sold for $1,450,000 on August 23rd, 2019
  • August, 2019

  • Aug 28, 2019

    Date

    Sold

    CRMLS: RS19180813

    $1,450,000

    Price

  • Jul 30, 2019

    Date

    Pending

    CRMLS: RS19180813

    $1,450,000

    Price

  • Jul 30, 2019

    Date

    Active

    CRMLS: RS19180813

    $1,450,000

    Price

  • August, 2019

  • Aug 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,450,000

    Price

  • July, 2019

  • Jul 30, 2019

    Date

    Pending

    CRMLS: RS19170994

    $1,450,000

    Price

  • Jul 20, 2019

    Date

    Hold

    CRMLS: RS19170994

    $1,450,000

    Price

  • Jul 18, 2019

    Date

    Active

    CRMLS: RS19170994

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

  • June, 2004

  • Jun 8, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 18609 Del Rio Pl

Assessed Value (2020): $1,451,200
Year Land Value Improved Value Assessed Value
2020 $870,000 $581,200 $1,451,200

Home Value Compared to the Market

This property vs the competition

18609 Del Rio Pl sold on August 21, 2019 for 31.71% higher than the current median sold price for the city of Cerritos which is $1,100,888. The median sold price per/sqft for Cerritos is $667 and this home is sold at $356.7 per/sqft which puts the price per square foot 46.52% lower than the current median sale per square foot for the city of Cerritos.

About 18609 Del Rio Pl

Detailed summary of property

18609 Del Rio Pl is a multi family that recently sold in Cerritos, CA 90703. This multi family property offered 9 bedrooms, 7 bathrooms, roughly 4,065 living square feet, and sits on an approximately 9,478 square foot lot. 18609 Del Rio Pl was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,450,000. Home in Cerritos are selling for a median price of $1,100,888 and a median price per square foot of $667. Based on Ardent Real Estate Group's Cerritos Market Data, this home is sold 31.71% higher than the current median priced home. Local homes that are currently for sale include 1825 Cherry Ave, 13976 Coteau Dr and 1615 Cherry Ave. While the average home in Cerritos, CA is selling in 39 days, 18609 Del Rio Pl has a days on market of 12 days. There are currently 44 homes for sale in the Cerritos real estate market and 32 of them are single family homes while 8 of them are condos and 4 are townhomes. For more information on this home for sale at 18609 Del Rio Pl Cerritos, CA 90703 contact Ardent Real Estate Group and we will put you in touch with one of our Cerritos agents.

Public Facts for 18609 Del Rio Pl

Public county record property details
Beds
9
Baths
7
Year built
1969
Sq. Ft.
4,065
Lot Size
9,537
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
14
APN
7038-006-016

The source for these homes facts are from public records.

90703 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$998,000
Median List Price/Sq.Ft.
$598
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
43
Median Sale to List Price %
112.36%
Avg Days on Market
10
Loan Type
Conventional (77.78%), FHA (0%), VA (0%), Cash (11.11%), Other (5.56%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.