
Cerritos, California 90703
This Move-In Ready Condominium represents a Strong Value Opportunity, listed at $649,000—positioned well below the $689,078 Fair Market Value by 5%. This valuation gap offers $40,078 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes modern quartz countertops, central HVAC, and a private deck. Located in the ABC Unified School District, this property is an ideal sanctuary for first-time buyers or owner-occupants seeking a turnkey lifestyle with community pool and spa access.
Property is move-in ready.
Although built in 1979, the property is in move-in ready condition with a renovation likely completed within the last 5-15 years. It features updated quartz countertops, recessed lighting, and modern laminate flooring. The inclusion of central HVAC and well-maintained interior finishes aligns with the 'Good' criteria.
Situated within the highly-rated ABC Unified School District and offering easy access to the 91 and 605 freeways, this property is ideally positioned for families and commuters.
The interior features modern quartz countertops, recessed lighting, and central HVAC, providing a turnkey living experience without the need for immediate renovations.
The inclusion of a private 2-car garage with laundry hookups and additional storage is a significant advantage for a condominium at this price point.
The association fee of $559 per month is relatively high and may impact the debt-to-income ratio and overall affordability for some buyers.
While each bedroom has a private vanity, the shared central shower/tub configuration may be less desirable for those seeking a true dual-suite or two-full-bath arrangement.
Welcome home to The Fairway! This move-in ready 2-bedroom, 1.5-bathroom. Enjoy the bright and inviting formal living room, enhanced by abundant natural light and a cozy gas fireplace. Adjacent to the kitchen, you’ll find a flexible space perfect for a family room or dining area to suit your daily lifestyle. The kitchen features ample cabinet storage, quartz countertops, a gas range, recessed lighting, and a convenient pass-through window to the living room. Upstairs, both bedrooms include their own sink and vanity, sharing a central shower/tub. One bedroom also offers access to a private deck. With central heat and air conditioning. Parking is easy with a 2-car garage that includes laundry hookups and additional storage. The Fairway community is well-maintained and offers peaceful greenbelts, along with a sparkling pool and spa. Enjoy access to highly rated Cerritos schools and the convenience of being close to the 91 and 605 freeways for effortless commuting. Shopping, dining, and entertainment are just blocks away. Don’t miss this fantastic opportunity! HOA includes water and trash.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,175 | 904 | 86% |
| Lot Size | 83,132 | 7,024.5 | 86% |
| Price | $649.0K | $554.0K | 71% |
| Price per sq ft | $552 | $612 | 21% |
| Built year | 1979 | 1973 | 86% |
| HOA | $559.0 | $466 | 93% |
| Days on market | 41 | 195 | 7% |
May 6, 2026
$649,000
Initial Listing
May 8, 2013
$203,000
Public Record