7320 Cerritos Ave, Stanton, CA 90680
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7320 Cerritos Ave Stanton, CA 90680

$1,490,000 Sold Price as of 06/13/2023
  • 9 Beds
  • 8 Baths
  • 4,360 Sq.Ft.
Sold
$1,490,000 Sold Price as of 06/13/2023 Refinance Your Mortgage

Map preview of 7320 Cerritos Ave, Stanton, CA 90680

Property Overview: 7320 Cerritos Ave Stanton, CA has 9 bedrooms, 8 bathrooms, 4,360 living square feet and 7,841 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Presenting an amazing value quadruplex with great upside in rental income. This property consists of three units of 2 bedrooms, 2 bathrooms, and one one unit of bedrooms, 2 bathrooms. All units come with 1 car garage and 1 parking space and pay for their own electricity and gas. The two upstairs units, which include the 3 bedroom units are recently remodeled. The property is available for showing appointment upon receipt of an acceptable offer.

Listed by Matthew Shinn | BRE #01755855 | Shinn Real Estate Group
Last checked: 6 minutes ago | Last updated: June 14th, 2023 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
7,841
HOA Dues
$0/mo
Year built
1975
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC23056521
City
Stanton
County
Orange
Time on Site
386 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Actual Rent: $2,650
  • Total Rent: $2,650
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Actual Rent: $1,950
  • Total Rent: $5,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $102,000
  • Net Operating Income: $94,684
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,316
  • Electric: $300
  • Trash: $1,416
  • Gardener: $720
  • Insurance: $1,500
  • Water/Sewer: $1,380
  • Other Expenses: $2,000
  • Other Expense Description: Gas

Property Details for 7320 Cerritos Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area, See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 07954149
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Private
Location / Neighborhood
Location Information
  • Directions: Please refer to your navigation
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 7320 Cerritos Ave

Last sold for $1,490,000 on June 13th, 2023
  • June, 2023

  • Jun 13, 2023

    Date

    Sold

    CRMLS: OC23056521

    $1,490,000

    Price

  • Apr 6, 2023

    Date

    Active

    CRMLS: OC23056521

    $1,550,000

    Price

  • April, 2023

  • Apr 1, 2023

    Date

    Expired

    CRMLS: PW22108396

    $1,600,000

    Price

  • May 22, 2022

    Date

    Active

    CRMLS: PW22108396

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    A nice, quiet Stanton apartment building and neighborhood located near Target, Supermarkets and a central park. New Rental lease started 02/2022. It is a very profitable rental apartment building of 4 units. One unit (1,360 sqft) of 3bed/2ba ($2450/mo.) plus 3 other units (1000sf/unit) of 2 bed/2ba ($1800/unit). Every unit has its own one car garage, one parking space, and private patio.

  • December, 2021

  • Dec 1, 2021

    Date

    Active

    CRMLS: PW21257133

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent investment opportunity for an investor or owner use in a great rental market of city of Stanton. Located in a quiet residential neighborhood. New Rent starts 02/2022. Unit #1: 1,360 sqft with 3 bedrooms and 2 bathrooms rent $2400/mo. Unit #2: 1,000 sqft with 2 bedrooms and 2 bathrooms rent $1800/mo. Unit #3: 1,000 sqft with 2 bedrooms and 2 bathrooms rent $1800/mo. Unit #4: 1,000 sqft with 2 bedrooms and 2 bathrooms rent $1800/mo. Each unit has one car garage, one extra parking, private patio.

  • September, 2021

  • Sep 6, 2021

    Date

    Price Change

    CRMLS: OC21196792

    $1,650,000

    Price

  • Sep 6, 2021

    Date

    Active

    CRMLS: OC21196792

    $16,500,000

    Price

  • Listing provided courtesy of CRMLS

    An investors dream! Rare 4 unit property for sale in Orange County, This property will be be highly sought after by investors. Near shopping plazas, and 91, 5, 22 Freeways. Once you see the complex you will fall in love with its potential. Unit #1 features 1, 400 sqft with 3 bedrooms and 2 bathrooms, newly remodeled in January 2019 with throughout wood floor. Unit #2 features 1, 000 sqft with 2 bedrooms and 2 bathrooms, newly remodeled in January 2020. Unit #3 features 1, 000 sqft with 2 bedrooms and 2 bathrooms, remodeled in 2017 with throughout wood floor and new kitchen range. Unit #4 features 1, 000 sgft with 2 bedrooms and 2 bathrooms with front/back/side yards. Each units has one private patio, one car garage, one car parking outside.

  • September, 2021

  • Sep 2, 2021

    Date

    Canceled

    CRMLS: PW21125444

    $1,600,000

    Price

  • Jun 10, 2021

    Date

    Active

    CRMLS: PW21125444

    $1,600,000

    Price

  • Listing provided courtesy of CRMLS

    This is a well-kept 4,360 SF four-plex on a large lot. Amble living spaces featuring upgraded 4 units: Unit #1 features 1,400 sqft with 3 bedrooms and 2 bathrooms, newly remodeled in January 2019 with throughout wood floor. Unit #2 features 1,000 sqft with 2 bedrooms and 2 bathrooms, newly remodeled in January 2020. Unit #3 features 1,000 sqft with 2 bedrooms and 2 bathrooms, remodeled in 2017 with throughout wood floor and new kitchen range. Unit #4 features 1,000 sgft with 2 bedrooms and 2 bathrooms with front/back/side yards. Each units has one private patio, one car garage, one car parking outside. Property is located near schools, recreational centers / parks, shopping centers, churches, and easy freeways access. Great investment opportunity. Property full address is 7320-7326 N Cerritos Avenue, Stanton, CA 90680. Show for more!

  • June, 2021

  • Jun 10, 2021

    Date

    Canceled

    CRMLS: PW21043499

    $1,550,000

    Price

  • Mar 2, 2021

    Date

    Active

    CRMLS: PW21043499

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    This is a well-kept 4,360 SF four-plex on a large lot. Amble living spaces featuring upgraded 4 units: Unit #1 features 1,400 sqft with 3 bedrooms and 2 bathrooms, newly remodeled in January 2019 with throughout wood floor. Unit #2 features 1,000 sqft with 2 bedrooms and 2 bathrooms, newly remodeled in January 2020. Unit #3 features 1,000 sqft with 2 bedrooms and 2 bathrooms, remodeled in 2017 with throughout wood floor and new kitchen range. Unit #4 features 1,000 sgft with 2 bedrooms and 2 bathrooms with front/back/side yards. Each units has one private patio, one car garage, one car parking outside. Property is located near schools, recreational centers / parks, shopping centers, churches, and easy freeways access. Great investment opportunity. Property full address is 7320-7326 N Cerritos Avenue, Stanton, CA 90680. Show for more!

  • September, 2020

  • Sep 24, 2020

    Date

    Canceled

    CRMLS: PW20062644

    $1,300,000

    Price

  • Aug 14, 2020

    Date

    Price Change

    CRMLS: PW20062644

    $1,300,000

    Price

  • Mar 24, 2020

    Date

    Active

    CRMLS: PW20062644

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    This is a well-kept 4,360 SF four-plex on a large lot. Amble living spaces featuring upgraded 4 units: Unit #1 features 1,400 sqft with 3 bedrooms and 2 bathrooms, newly remodeled in January 2019 with throughout wood floor. Unit #2 features 1,000 sqft with 2 bedrooms and 2 bathrooms, newly remodeled in January 2020. Unit #3 features 1,000 sqft with 2 bedrooms and 2 bathrooms, remodeled in 2017 with throughout wood floor and new kitchen range. Unit #4 features 1,000 sgft with 2 bedrooms and 2 bathrooms with front/back/side yards. Each units has one private patio, one car garage, one car parking outside. Property is located near schools, recreational centers / parks, shopping centers, churches, and easy freeways access. Great investment opportunity. Property full address is 7320-7326 N Cerritos Avenue, Stanton, CA 90680. Show for more!

  • November, 2019

  • Nov 13, 2019

    Date

    Canceled

    CRMLS: PW19222237

    $1,425,000

    Price

  • Oct 22, 2019

    Date

    Price Change

    CRMLS: PW19222237

    $1,425,000

    Price

  • Sep 17, 2019

    Date

    Active

    CRMLS: PW19222237

    $1,465,000

    Price

  • Listing provided courtesy of CRMLS

    This is a well-kept 4,360 SF four-plex on a large lot. Amble living spaces featuring upgraded 4 units: Unit #1 with 3 bedrooms and 2 bathrooms, Unit #2 with 2 bedrooms and 2 bathrooms, Unit #3 with 2 bedrooms and 2 bathrooms, Unit #4 with 2 bedrooms and 2 bathrooms. Each units has private patios and garages. Property is located near schools, recreational centers / parks, shopping centers, churches, and easy freeways access. Great investment opportunity. Property full address is 7320-7326 N Cerritos Avenue, Stanton, CA 90680. Show for more!

  • January, 2019

  • Jan 22, 2019

    Date

    Canceled

    CRMLS: PW18140323

    $1,400,000

    Price

  • Jun 13, 2018

    Date

    Active

    CRMLS: PW18140323

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    This is a well-kept 4,360 SF four-plex on a large lot. Amble living spaces featuring upgraded 4 units: Unit #1 with 3 bedrooms and 2 bathrooms, Unit #2 with 2 bedrooms and 2 bathrooms, Unit #3 with 2 bedrooms and 2 bathrooms, Unit #4 with 2 bedrooms and 2 bathrooms. Each units has private patios and garages. Property is located near schools, recreational centers / parks, shopping centers, churches, and easy freeways access. Great investment opportunity. Show for more!

  • May, 2018

  • May 14, 2018

    Date

    Canceled

    CRMLS: OC18010068

    $1,339,000

    Price

  • May 2, 2018

    Date

    Active

    CRMLS: OC18010068

    $1,339,000

    Price

  • Apr 30, 2018

    Date

    Hold

    CRMLS: OC18010068

    $1,339,000

    Price

  • Jan 15, 2018

    Date

    Active

    CRMLS: OC18010068

    $1,339,000

    Price

  • Listing provided courtesy of CRMLS

    Huge 4,360 sq.ft. 4 plex on a Large Lot!! #A is 3 bedroom, 2 bath, recently Remodeled.....#B is 2 bedroom, 2 bath.....#C is 2 bedroom, 2 bath, recently Remodeled....#D is 2 bedroom, 2 bath. Apartments are spacious with Private Patios/decks. Tenants pay Electric & Gas. Individual garages. Great rental area. See Remarks.

  • January, 2018

  • Jan 1, 2018

    Date

    Expired

    CRMLS: OC17164337

    $1,265,000

    Price

  • Nov 19, 2017

    Date

    Price Change

    CRMLS: OC17164337

    $1,265,000

    Price

  • Sep 27, 2017

    Date

    Active

    CRMLS: OC17164337

    $1,275,000

    Price

  • Sep 25, 2017

    Date

    Pending

    CRMLS: OC17164337

    $1,275,000

    Price

  • Jul 19, 2017

    Date

    Active

    CRMLS: OC17164337

    $1,275,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful property builted 1975. Each units has seperate gas and electric meter. 2 Bedroom, 2 Bath, Downstairs unit directly behind with large patio space. Upstairs units with Own Enclosed Balconies. Great for an investor or live in one and rent the other -----your choice. Please note long term tenants Each unit has 1 Car Garage Space

  • September, 2004

  • Sep 10, 2004

    Date

    Sold (Public Records)

    Public Records

    $785,000

    Price

  • April, 2003

  • Apr 15, 2003

    Date

    Sold (Public Records)

    Public Records

    $663,000

    Price

Show More

Tax History for 7320 Cerritos Ave

Assessed Value (2020): $950,271
Year Land Value Improved Value Assessed Value
2020 $750,714 $199,557 $950,271

Home Value Compared to the Market

This property vs the competition

7320 Cerritos Ave sold on June 13, 2023 for 136.64% higher than the current median sold price for the city of Stanton which is $655,000. The median sold price per/sqft for Stanton is $535 and this home is sold at $355.5 per/sqft which puts the price per square foot 33.55% lower than the current median sale per square foot for the city of Stanton.

About 7320 Cerritos Ave

Detailed summary of property

7320 Cerritos Ave is a fourplex that recently sold in Stanton, CA 90680. This fourplex offered 9 bedrooms, 8 bathrooms, roughly 4,360 living square feet, and sits on an approximately 7,841 square foot lot. 7320 Cerritos Ave was first listed on ArdentRealEstateGroup.com on April 6, 2023. The homeowner sold the property for $1,490,000. Home in Stanton are selling for a median price of $655,000 and a median price per square foot of $535. Based on Ardent Real Estate Group's Stanton Market Data, this home is sold 136.64% higher than the current median priced home. Local homes that are currently for sale include 7020 Schroll St, 825 S Claudina St and 7851 Cypress Dr. While the average home in Stanton, CA is selling in 15 days, 7320 Cerritos Ave has a days on market of 19 days. There are currently 21 homes for sale in the Stanton real estate market and 5 of them are single family homes while 8 of them are condos and 8 are townhomes. For more information on this home for sale at 7320 Cerritos Ave Stanton, CA 90680 contact Ardent Real Estate Group and we will put you in touch with one of our Stanton agents.

Public Facts for 7320 Cerritos Ave

Public county record property details
Beds
--
Baths
--
Year built
1975
Sq. Ft.
4,360
Lot Size
7,634
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
079-541-49

The source for these homes facts are from public records.

90680 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$639,000
Median List Price/Sq.Ft.
$558
Median Sold Price
$630,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
21
Median Sale to List Price %
101.63%
Avg Days on Market
15
Loan Type
Conventional (66.67%), FHA (8.33%), VA (8.33%), Cash (0%), Other (16.67%)

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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.