
Cerritos, California 90703
This Renovated Multigenerational Estate is a Strong Value Opportunity, listed at $1,699,999—positioned well below the $1,821,999 Fair Market Value by 6%. This valuation gap offers $122,000 in Instant Equity for buyers. Boasting a Condition Rating of 2, the residence features a unique dual-wing layout, solar panels, and a covered outdoor pavilion. Located within the prestigious ABC Unified School District, the property combines lifestyle luxury with significant rental potential. This is an ideal acquisition for multigenerational families or Owner-Occupants seeking a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12143 Phoenix Drive Subject | $1,599,999* List Price | 7 | 4 | 3,556 | $478 | - |
A 19657 Sequoia Avenue Sold | $1,260,000 | 5 | 3 | 2,514 | $501 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it up to modern standards. Key updates include new luxury vinyl plank flooring, fresh interior paint, updated light fixtures, and fully remodeled bathrooms with new vanities and walk-in showers. The home also features significant system upgrades such as dual HVAC units, solar panels, and newer windows, meeting the criteria for a recently renovated property with no deferred maintenance.
The unique dual-wing layout featuring seven bedrooms and a secondary upper-level kitchen provides exceptional flexibility for extended families or significant rental income potential.
Extensive recent renovations including luxury vinyl plank flooring, remodeled bathrooms, solar panels, and dual HVAC systems offer a move-in-ready experience with improved energy efficiency.
Situated within the prestigious ABC Unified School District and minutes from the Cerritos Millennium Library, the property is ideally located for families prioritizing education and community amenities.
With seven bedrooms configured within 3,556 square feet, individual room sizes or common areas may feel less expansive compared to other luxury homes in this price bracket.
The property offers no significant views, which may be a drawback for buyers seeking the aesthetic outlook often expected at this premium price point.
A rare opportunity in Cerritos, this expansive and recently renovated home is designed for multigenerational living or rental potential, offering 7 bedrooms, 4 full bathrooms, and approximately 3,556 square feet of living space on a private 8,139 sq ft lot. Thoughtfully designed with two distinct living wings and ADU potential, the layout offers flexibility for extended family, guests, or future income. The main level offers a spacious layout with soaring beamed ceilings, a gourmet kitchen with newly painted cabinetry, and both formal living and family rooms, each with its own fireplace. This wing includes four generously sized bedrooms, highlighted by a luxurious primary suite with vaulted ceilings, crown molding, an arched sitting area, walk-in closet, private fireplace, and a remodeled bathroom featuring a walk-in shower and new shaker-style vanity. An additional remodeled hall bathroom serves the remaining bedrooms. The upper-level living wing functions like a private apartment, featuring an open-concept kitchen that opens to a living room, three bedrooms including a primary suite with a resort-style bathroom complete with a soaking tub, dual sinks, and walk-in closet, a full hall bathroom, and a stackable washer and dryer. With both interior and exterior access, this space offers privacy and flexibility while remaining part of the main residence. Recent upgrades throughout both levels include new luxury vinyl plank flooring, new carpet, fresh interior paint and baseboards, updated panel doors and hardware, new closet doors, light fixtures, and ceiling fans. Additional improvements include newer windows, dual HVAC systems with newer thermostats, solar panels, a water softener, a new water pressure valve, upgraded copper supply lines, and built-in garage cabinetry. The backyard is designed for entertaining, featuring a covered outdoor pavilion with wood construction, brick columns, a shingle roof, and electrical, ideal for gatherings and outdoor dining. The property also offers block walls, brick and block planters, mature trees and shrubs, and a combination of brick and concrete hardscaping. The front yard features landscaped planters, brick and concrete walkways, an extra-wide driveway, wrought iron double-gate fencing, and RV parking. Ideally located within the highly regarded ABC Unified School District, the home is just minutes from parks, the Cerritos Millennium Library, Los Cerritos Center, shopping, dining, and convenient freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 98% |
| Baths | 4.0 | 3.0 | 94% |
| Square foot | 3,556 | 2,079.5 | 99% |
| Lot Size | 8,139 | 5,254.5 | 94% |
| Price | $1.60M | $1.25M | 91% |
| Price per sq ft | $450 | $637 | 3% |
| Built year | 1974 | 1971 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 139 | 1% |
Apr 15, 2026
$1,599,999
$1,699,999
-6% Price Drop
Initial Listing
Mar 23, 2026
$1,699,999
Initial Listing