12314 Carnaby Street, Cerritos, California 90703, Cerritos, 90703 - 3 bed, 2 bath

ACTIVE$799,000
12314 Carnaby Street, Cerritos, California 90703
3Beds
2Baths
1,203Sqft
5,002Lot
Price Vs. Estimate
The estimated value ($753,845.45) is $45,154.55 (5%) lower than the list price ($799,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: The property boasts an excellent location, minutes away from shopping and dining at Cerritos Towne Center, coupled with quick freeway access for convenient commuting.
Top Cons:
Extensive Renovation Required: Explicitly described as a 'fixer-upper' requiring 'TLC,' indicating substantial investment in time, effort, and capital for necessary renovations and upgrades.
Compared to the nearby listings
Price:$799.0K vs avg $1.22M ($-421,000)4%
Size:1,203 sqft vs avg 1,881 sqft10%
Price/sqft:$664 vs avg $64456%
More Insights
Built in 1968 (57 years old).
Condition: The property was built in 1968, making it 56 years old. The listing explicitly describes it as a 'fixer-upper' requiring 'TLC' and highlights 'Outdated Systems and Finishes' and 'Extensive Renovation Required.' While the exterior appears maintained, the lack of interior photos combined with the agent's description strongly indicates that the kitchen, bathrooms, and other major systems are significantly outdated and require substantial repairs and rehabilitation to meet current standards. This aligns with the 'poor' condition criteria, suggesting major components need significant updates.
Year Built
1968
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$664
HOA
-
Days on market
-
Sold On
-
MLS number
DW25273908
Home ConditionPoor
Features
ViewNeighborhood
About this home
Don't miss out on this incredible opportunity! This home is the perfect blank canvas for those looking to create their dream home. With some TLC and a little bit of imagination, you can turn this fixer-upper into a stunning masterpiece that suits your unique style and needs. Minutes away from shopping and dining at Cerritos Towne Center, with quick freeway access and in one of the best school districts!
Condition Rating
Poor
The property was built in 1968, making it 56 years old. The listing explicitly describes it as a 'fixer-upper' requiring 'TLC' and highlights 'Outdated Systems and Finishes' and 'Extensive Renovation Required.' While the exterior appears maintained, the lack of interior photos combined with the agent's description strongly indicates that the kitchen, bathrooms, and other major systems are significantly outdated and require substantial repairs and rehabilitation to meet current standards. This aligns with the 'poor' condition criteria, suggesting major components need significant updates.
Pros & Cons
Pros
Prime Location: The property boasts an excellent location, minutes away from shopping and dining at Cerritos Towne Center, coupled with quick freeway access for convenient commuting.
Top-Rated School District: Situated within the highly desirable ABC Unified School District, a significant draw for families prioritizing quality education.
Customization Potential: Marketed as a 'blank canvas' and 'fixer-upper,' it offers a unique opportunity for buyers to personalize and create their dream home, potentially adding significant value through renovation.
Desirable City: Located in Cerritos, a well-regarded Southern California city known for its amenities, community, and quality of life.
Neighborhood View: The property offers a neighborhood view, indicating a pleasant residential setting and a sense of community.
Cons
Extensive Renovation Required: Explicitly described as a 'fixer-upper' requiring 'TLC,' indicating substantial investment in time, effort, and capital for necessary renovations and upgrades.
Outdated Systems and Finishes: Built in 1968, the home likely features original or older systems and finishes, which will require significant updates to meet contemporary standards and buyer expectations.
Limited Living Space: With 1203 square feet, the interior living space is relatively modest for a single-family home in this market, potentially limiting its appeal to larger families or those desiring more expansive rooms.