12037 Wendy Street, Cerritos, California 90703, Cerritos, 90703 - 4 bed, 2 bath
ACTIVE$1,550,000
12037 Wendy Street, Cerritos, California 90703
4Beds
2Baths
1,410Sqft
5,062Lot
Year Built
1971
Close
-
List price
$1.55M
Original List price
$1.55M
Price/Sqft
$1,099
HOA
-
Days on market
-
Sold On
-
MLS number
OC25133405
Home ConditionGood
Features
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 41% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.55M(95th), sqft - 1410(18th), beds - 4(50th), baths - 2(50th).
Beautiful 3 Bedroom 2 Bath home with cozy and private backyard Malibu Lights. Has Stainless Steel appliances, Laminated Floors, New Central A/C, New Furnace, New Water Heater, and Professionally Landscaped with palm trees. Roof was replaced in 2000. Close to parks, shopping, restaurants, and award winning schools.
Price History
Date
Event
Price
09/14/98
Sold
$218,500
Condition Rating
Good
The property, built in 1971, benefits from significant recent upgrades including a new central A/C, new furnace, and new water heater, ensuring major systems are functional and within their expected lifespan. The interior features updated laminated floors and stainless steel kitchen appliances, making it move-in ready. While the roof was replaced in 2000 and is nearing the end of its typical lifespan, and the overall aesthetic in areas like the living room (as seen in images) suggests it hasn't undergone a full, top-to-bottom modern renovation, the critical system updates and cosmetic improvements warrant a 'Good' rating.
Pros & Cons
Pros
Recent Major System Upgrades: The property benefits from new Central A/C, a new Furnace, and a new Water Heater, providing modern efficiency and reducing immediate capital expenditures for a buyer.
Modern Interior Finishes: Equipped with Stainless Steel appliances and Laminated Floors, the home offers an updated and attractive aesthetic.
Highly Rated School District: Located within the prestigious ABC Unified School District, a significant draw for families seeking quality education.
Convenient Local Amenities: The home's proximity to parks, shopping, and restaurants enhances daily living convenience and overall property appeal.
Appealing Outdoor Space: A professionally landscaped, cozy, and private backyard with Malibu Lights offers an inviting and well-maintained exterior for relaxation and entertaining.
Cons
Significant Overpricing: The current list price of $1,550,000 is substantially higher than the estimated property value of $907,573.72 and recent comparable sales, indicating a potential valuation mismatch.
Aging Roof: The roof, replaced in 2000, is now 24 years old and likely nearing the end of its expected lifespan, which could represent a significant future expense for the buyer.
Older Overall Construction: Built in 1971, the property is over 50 years old, and while some updates are noted, other original components or less modern layouts may require attention or replacement in the near future.