Stanton, CA 90680 7232 Cerritos Avenue

Pending
7232 Cerritos Avenue Stanton, CA - Image 17232 Cerritos Avenue Stanton, CA - Image 27232 Cerritos Avenue Stanton, CA - Image 3
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Presented By: Steven Jones with Olympia Capital Corporation; 714-813-0752
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25118519
  • 05/28/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.

Home Details

This listing includes both 7232 W Cerritos Avenue and 10531 Lowden Street in Stanton. The total land area for the two contiguous parcels is approximately 21,947 square feet, or .50-acres. According to the OC Tax Assessors office, there are two residential units situated on each lot, for a total of four units. In reality, there are a total of seven existing units on the site, including six currently occupied units and one vacant unit. The current rents are substantially below market and could likely be significantly raised after renovations or at least slightly raised even without any renovations. This offering is a great opportunity for an investor, ADU builder, land speculator, or a developer. There may be redevelopment potential for up to 12 newly constructed units by submitting a development application under California Density Bonus Law. Please do not disturb any of the current tenants, but feel free to reach out to the listing brokerage team with any questions you may have. Priced to sell.
Presented By: Steven Jones with Olympia Capital Corporation; 714-813-0752

Interior Features for 7232 Cerritos Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 7232 Cerritos Avenue

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityStanton
Community FeaturesCurbs, Gutters, Sidewalks
ContingencyPlease Do Not Disturb Tenants
CountyOrange
DirectionsPlease Do Not Disturb Tenants
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet21947.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot1
ViewCityLights
ZoningR

Exterior for 7232 Cerritos Avenue

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesElevenToFifteenUnitsAcre
Lot Size Acres0.5038
Lot Size Area21947.0
Lot Size SourceEstimated
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,200,000
MLS#PW25118519
List Date 05/28/2025
Property Type Pending
Phone 714.742.6515
Request Tour
Request Info
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