7320 Cerritos Avenue

Stanton, CA 90680

$1,490,000
Last Sold Price
5
Beds
8
Baths
4,360 Sq. Ft.
$342 / Sq. Ft.
4,360
Sq. Ft.
$342
per Sq. Ft.

Description

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.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.
  1. Listed by Matthew Shinn • DRE #01755855 • Brokerage DRE #01869347 • Shinn Real Estate Group • 310-968-3898

Property Details for 7320 Cerritos Avenue

Parking Spaces Total
8
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4360
Assessor Parcel Number
079-541-49

Location

Listing Courtesy of Shinn Real Estate Group, Matthew Shinn, DRE #01755855

Sold By DC Real Estate, Duong Cao, DRE #01239513

Add your commute
LISTING UPDATED: 06/13/2023 09:53 AM

Property Details for 7320 Cerritos Avenue

StatusClosed
MLS #OC23056521
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1975
Lot Size0.18 AC / 7,841 SF
CountyOrange County

Location

Listing Courtesy of Shinn Real Estate Group, Matthew Shinn, DRE #01755855

Sold By DC Real Estate, Duong Cao, DRE #01239513

Add your commute

Building Information for 7320 Cerritos Avenue

Stories2Residences-Year Built1975Building Size-Lot Size0.18 AC / 7,841 SF

Payment Calculator

$9,195 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,132

Property Taxes

$1,063

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7320 Cerritos Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $102,000
  • Gross Scheduled Income: $102,000
  • Net Operating Income: $94,684
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $7,316
  • Gardener Expense: $720
  • Electric Expense: $300
  • Insurance Expense: $1,500
  • Other Expense: $2,000
  • Other Expense Description: Gas
  • Trash Expense: $1,416
  • Water Sewer Expense: $1,380
  • Total Expenses: $7,316
Tax / Assessment Info
  • Tax Block: 27
  • Tax Tract Number: 087...
  • Tax Census Tract: 878.01
  • CFD/Mello-Roos Fee: $1,351
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, See Remarks
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Private
  • Sewer: Unknown
  • Water Source: Private
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,650
  • Unit Type Total Rent: $2,650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 2
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $5,850
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 7320 Cerritos Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7320 Cerritos Avenue

Taxable ValueLand$804,917Additions$221,359Total$1,026,276
Tax Record2023$12,754 ($1,063 / month)
Home Facts
Total Finished SqFt4,360 SqFtAbove Grade Finished SqFt4,360 SqFtStories2Lot Size7,786 SqFtStyleQuadraplexYear Built1975CountyORANGEAPN079-541-49

Schools near 7320 Cerritos Avenue

This home is within Anaheim Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Hansen Elementary School
PublicK to 6

Orangeview Junior High School
Public7 to 8

Western High School
Public9 to 12

Oxford Academy
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Shinn Real Estate Group, Matthew Shinn, DRE #01755855

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.