
Cerritos, California 90703
This Multi-Generational Residence is a Strong Value Opportunity, listed at $1,388,000—positioned well below the $1,399,000 Fair Market Value by 0.79%. This valuation gap offers $11,000 in Instant Equity. Featuring a Condition Rating of 3, the home includes significant infrastructure upgrades like a 2022 Roof and 200-Amp Electrical. Its unique dual-suite layout and ABC Unified School District location make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-potential property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13635 Palm Street Subject | $1,388,000* List Price | 4 | 4 | 2,523 | $554 | - |
A 13440 Beach Sold | $1,625,000 | 5 | 3 | 2,470 | $658 | 0.2 mi |
B 13129 Beach Sold | $1,525,000 | 5 | 3 | 2,407 | $634 | 0.6 mi |
C 13626 Aclare Lane Sold | $1,360,000 | 5 | 3 | 2,289 | $594 | 0.1 mi |
D 18520 Linda Circle Sold | $1,350,000 | 4 | 3 | 2,026 | $666 | 0.9 mi |
E 13407 Lucas Place Sold | $1,330,000 | 5 | 2 | 2,305 | $577 | 0.3 mi |
F 18419 Heather Sold | $1,500,000 | 4 | 3 | 2,160 | $694 | 0.8 mi |
G 17803 Kay Court Sold | $1,380,000 | 4 | 3 | 1,934 | $714 | 0.8 mi |
H 13507 Elgers Sold | $1,510,000 | 5 | 4 | 2,378 | $635 | 0.7 mi |
I 16403 Holmes Pending | $1,399,000 List Price | 5 | 3 | 2,536 | $552 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with significant recent capital improvements including a new roof (2022), 200-amp electrical upgrade, newer HVAC, and brand new LVP flooring and windows. While the kitchen and bathrooms are dated and identified as needing updates, the structural and systemic integrity elevates the condition above fair.
The unique floor plan features two primary suites, dual living areas, and an upstairs kitchenette, making it ideal for extended families or multi-generational living.
Recent improvements including a new roof (2022), 200-amp electrical panel, newer HVAC system, and premium double-paned windows offer immediate value and reduced maintenance costs.
Nestled in a quiet cul-de-sac within the prestigious ABC Unified School District, the property offers a safe, family-friendly environment near top-rated schools.
While the home features new flooring and paint, the kitchen and bathrooms remain in a condition that invites further modernization to reach the property's full potential.
At approximately 5,001 square feet, the lot size is relatively modest for a home of this square footage, which may limit outdoor recreational space.
LOCATION-LOCATION-LOCATION!! Nestled on a quiet cul-de-sac in one of the most desirable neighborhoods of Cerritos, this unique 4-bedroom, 4-bathroom home is a MUST-SEE! Located near Gonsalves Elementary School and Carmenita Middle School, this newly improved residence offers approximately 2,523 sq. ft. of versatile living space, featuring 2 primary bedroom suites, 2 living rooms, bonus/loft on each level and 2 fireplaces -ideal for extended or multi-generation family to live together and keep privacy. Step inside to a spacious and bright living room complete with a cozy fireplace and ample room for entertaining. The main kitchen opens seamlessly to the dining area/family room, with sliding glass doors leading to the private backyard. The ground level features 2 bedrooms and 2 bathrooms (one of them is a primary ensuite). Upstairs (was a permitted 1,311 SF add-on in year 1991), you’ll find a versatile loft ideal for a home office or play area, along with a huge second primary ensuite, kitchenette (wet bar), dining area, living room with fireplace, an additional spacious bedroom with a full bathroom and 2 balconies. The private backyard offers the perfect setting for entertaining, gardening, or simply relaxing. Additional highlights include newer central A/C and heating, roof (2022), 200 amp electrical panel upgrade, plus an attached 2-car garage with abundant storage space. This spacious & unique home stands out from the typical floor plan and offers the flexibility that can be hard to find at this price point in this neighborhood. With brand new stylish LVP flooring, premium double-paned windows, and fleshly painted interiors and exteriors, it further offers the opportunity for new owner to update the bathrooms and kitchen to own style. This home is ready for its next owner to add their personal touch without taking on a major renovation. It is conveniently located near shopping, dining, parks, transportation, and top-rated schools. A must-see home!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 2.7 |
| Square foot | 2,523 | 2,154.319 |
| Lot Size | 5,001 | 5,305.277 |
| Price | $1.39M | $1.28M |
| Price per sq ft | $550 | $648 |
| Built year | 1971 | 1970 |
| HOA | $0 | $201 |
| Days on market | 62 | 44 |
Aug 20, 2026
$1,388,000
$1,425,000
-3% Price Drop
Initial Listing
Aug 18, 2026
$1,425,000
$1,399,000
+2% Price Increase
Initial Listing
Jul 9, 2026
$1,399,000
Initial Listing