$1,675,000
$20K PRICE DROP

7160 Cerritos Ave Stanton, CA 90680

Estimated payment $10,425/month

Total Views 4,947
8 Beds
8 Baths
3,542 Sq Ft
$473 Price per Sq Ft

About This Home

We are pleased to offer for sale this well-located property in the desirable rental market of Stanton. This asset provides an excellent unit mix of ALL 2 bedroom, 1.5 bath TOWNHOME STYLE (2 story) units that have recently renovated kitchens, bathrooms, and new flooring within the last 6 months! The exterior has also JUST been renovated with a NEW roof & fascia, vinyl windows, paint and A/C units. There are also carports, open street parking and an onsite laundry room for the tenants to utilize. Actual in-place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. ALL of the four units also have ground level entry. Property qualifies for 30 year fixed residential financing.

Listing Agent

Ruben Khorsandi

Alliance Investment RE Group Brokerage Phone: 949-683-6662 License #01085411 Listed on: 11/03/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,434 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,542 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 1
  • Assessor Parcel Number 07931258
  • $1,418 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Fuel Expense $1,500
  • Insurance Expense $2,500
  • Trash Expense $2,238
  • Water Sewer Expense $3,562
  • Operating Expense $35,789
  • Gross Income $122,484
  • Net Operating Income $88,695

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Unknown
  • Water Sewer Expenses: 3562.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 07931258
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 472.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2238.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7434.00
  • Lot Size Acres: 0.1707

Multi Family

  • Electric Expense: 3000.00
  • Fuel Expense: 1500.00
  • Gross Income: 122484.00
  • Gross Scheduled Income: 122484.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 7434.0000 Square Feet
  • Net Operating Income: 88695.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 35789.00
  • Rent Control: No
  • Total Actual Rent: 10207.00
  • Total Expenses: 35789.00

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1418.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 Price Changed $1,675,000 -1.2% $473 / Sq Ft
11/03/2025 11/03/25 For Sale $1,695,000 -- $479 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25249058

California Regional Multiple Listing Service (CRMLS)