
Cerritos, California 90703
This Spacious Townhouse represents a Strong Value Opportunity, listed at $949,888—positioned well below the $1,029,538 Fair Market Value by 7%. This valuation gap offers $79,650 in Instant Equity for the buyer. With a Condition Rating of 4, the property is well-maintained but offers potential for cosmetic modernization. Located in the prestigious ABC Unified School District with resort-style amenities, this home is an ideal acquisition for Owner-Occupants seeking long-term value or first-time buyers prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12151 Saint Tropez Subject | $949,888* List Price | 4 | 3 | 2,253 | $457 | - |
A 12162 Napoli Sold | $900,000 | 3 | 3 | 1,961 | $459 | 0.1 mi |
B 12155 Napoli Drive Sold | $890,000 | 3 | 3 | 1,961 | $454 | 0.1 mi |
C 11445 Stapleton Court Sold | $835,000 | 3 | 3 | 1,808 | $462 | 1.0 mi |
D 16709 Camden Active | $785,000 List Price | 2 | 3 | 1,590 | $494 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, the property is 35 years old and likely features dated kitchen and bathroom finishes. While the listing describes the home as well-maintained with functional central air and heat, its age exceeds the 20-year threshold for modern standards, necessitating cosmetic updates rather than a full structural rehab.
The property is situated within the highly acclaimed ABC Unified School District, a primary driver for property values and a major draw for families in the Cerritos area.
With over 2,253 square feet and four bedrooms, this residence offers a rare level of spaciousness for a townhouse, providing a single-family home feel with soaring ceilings and a functional floor plan.
Located in the prestigious Palms community, residents enjoy premium amenities including a pool, spa, and gated-style security in a well-maintained, sought-after environment.
The monthly association fee of $480 represents a substantial recurring cost that may impact the overall monthly carrying cost for potential buyers.
With a lot size of 2,292 square feet nearly equal to the interior living space, the property offers very limited private outdoor area or yard space for recreation.
Welcome to one of the most sought-after communities in Cerritos — the prestigious Palms Townhouse Complex located within the award-winning ABC School District. This beautiful and spacious home offers the perfect blend of comfort, privacy, and convenience in a secure and well-maintained private community. Boasting over 2,253 square feet of living space, this residence features a functional and inviting floor plan designed for both everyday living and entertaining. 4 bedrooms and 3 baths. The expansive living room showcases soaring ceilings and a staircase leading to the upstairs living quarters. Upstairs you’ll find a large primary suite complete with its own private bathroom along with generously sized bedrooms and bathrooms throughout the home. Additional highlights include central air and heat, abundant natural light, and an attached private living environment within a gated-style community atmosphere. Residents of the Palms enjoy access to resort-style amenities including a sparkling pool, spa, and beautifully maintained grounds. Conveniently located just minutes from the Cerritos Towne Center, Cerritos Mall, parks, dining, and major freeways. This is an incredible opportunity to own a beautiful home in one of Cerritos’ most desirable communities. Come experience the lifestyle the Palms has to offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 88% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,253 | 1,521.5 | 88% |
| Lot Size | 2,292 | 2,509.5 | 25% |
| Price | $949.9K | $772.0K | 88% |
| Price per sq ft | $422 | $473 | 13% |
| Built year | 1989 | 1981 | 63% |
| HOA | $480.0 | $480 | 50% |
| Days on market | 10 | 136 | 25% |
May 27, 2026
$449,888
Initial Listing
May 27, 2026
$949,888
Initial Listing