
Cerritos, California 90703
This property presents a High-Potential Investment Opportunity with a List Price of $898,000—positioned well below the $810,399 Fair Market Value by -10%. While the home carries a Condition Rating of 5, the significant lot size and open-concept layout provide a blank canvas for value-add renovations. Located in the highly-rated ABC Unified School District, this asset is ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through strategic modernization in a prime Cerritos cul-de-sac.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11610 Gonsalves Street Subject | $898,000* List Price | 3 | 2 | 1,152 | $703 | - |
A 19402 Benfield Avenue Sold | $980,000 | 3 | 2 | 1,444 | $679 | 0.7 mi |
B 11121 Bos Place Sold | $950,000 | 3 | 2 | 1,444 | $658 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1968 with no evidence of recent renovations. The listing explicitly states the home 'needs repairs' and is being sold in 'as-is condition.' Visuals confirm dated interiors including popcorn ceilings, original-style bathroom fixtures, and worn surfaces, indicating a need for a full rehab to meet modern standards.
Situated on a quiet cul-de-sac within the highly-rated ABC Unified School District, this property offers exceptional long-term value and appeal for families prioritizing education.
The home features soaring high ceilings in the living room and an open-concept layout, providing a sense of volume and light that is rare for a property of this vintage.
With a generous lot size and a 'fixer' status, this property presents a major upside for investors or owner-occupants looking to build equity through renovation and expansion.
The property is sold in 'as-is' condition and requires significant repairs and modernization, which will necessitate a substantial upfront capital investment.
At 1,152 square feet for a three-bedroom residence, the interior footprint is relatively small, which may limit its appeal to buyers seeking more spacious indoor living.
Hidden gem with an incredible potential! Situated on a good sized lot, this home features a soaring high ceiling in the Living Room that adds a sense of space & light seamlessly flows into the Dining Area and Kitchen creating an open airy layout ideal for everyday living & entertaining. Offering a spacious Primary Bedroom with ensuite bathroom, 2 well-proportioned Secondary Bedrooms next to a Hallway Bathroom, convenient inside Laundry Room by the Kitchen with a side exit door & a 2 car attached Garage. The front yard is large as well as the backyard with a covered patio excellent potential for improvement & expansion. Located in a desirable cul-de-sac street close to highly rated ABC Unified schools, parks, the Mall for shopping, various gourmet restaurants, banks & convenient freeway access. The home needs repairs & with some vision & updates can truly shine, perfect for buyers looking to customize & create their dream home & add value & equity. It also presents significant upside potential for investors for renovation & flip. SOLD AS-IS CONDITION!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 29% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,152 | 2,026 | 4% |
| Lot Size | 5,141 | 5,250 | 40% |
| Price | $898.0K | $1.25M | 2% |
| Price per sq ft | $780 | $658 | 80% |
| Built year | 1968 | 1970 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 135 | 6% |
May 13, 2026
$898,000
Initial Listing