
Cerritos, California 90703
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $649,000—positioned well below the $705,490 Fair Market Value by 8%. This valuation gap offers $56,490 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes modern quartz countertops, central HVAC, and a private deck. Located within the highly-regarded ABC Unified School District, this property offers a perfect balance of lifestyle and financial stability for first-time buyers or owner-occupants seeking a turnkey residence.
Property is move-in ready.
Although built in 1979, the property is in move-in ready condition with significant updates. The kitchen features modern quartz countertops, recessed lighting, and updated flooring throughout. The presence of central HVAC and well-maintained interior finishes suggests a renovation within the 5-15 year range, meeting the criteria for 'Good' condition.
Situated within the highly-regarded ABC Unified School District and offering easy access to the 91 and 605 freeways, this property is perfectly positioned for families and commuters.
The interior features modern quartz countertops, recessed lighting, and a functional layout with private vanities for each bedroom, providing a turnkey experience for the new owner.
Residents enjoy a well-maintained environment with access to a pool, spa, and greenbelts, plus the added value of a private 2-car garage and HOA-covered water and trash.
The monthly HOA fee of $559 is relatively high, which may impact the overall monthly affordability and debt-to-income ratio for some buyers.
With only 1.5 bathrooms and a shared shower/tub upstairs, the layout may be less convenient for households that prefer multiple full bathrooms or increased privacy for guests.
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,175 | 853 |
| Lot Size | 83,132 | 7,060.25 |
| Price | $649.0K | $1.20M |
| Price per sq ft | $552 | $1.4K |
| Built year | 1979 | 1971 |
| HOA | $559.0 | $315 |
| Days on market | 24 | 62 |
Aug 16, 2026
$649,000
Initial Listing
May 8, 2013
$203,000
Public Record