13635 Palm Street, Cerritos, California 90703, Cerritos, 90703 - 5 bed, 4 bath
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Cerritos, California 90703
This Multi-Generational Residential Asset is a Strong Value Opportunity, listed at $1,399,000—positioned slightly above the $1,387,350 Fair Market Value. While requiring cosmetic updates, the property features a 4-Condition Rating with significant infrastructure upgrades, including a 2022 roof and 200-amp electrical panel. The versatile floor plan, featuring two kitchens and two primary suites, provides excellent utility for extended families. Located in the ABC Unified School District, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable property with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13635 Palm Street Subject | $1,399,000* List Price | 5 | 4 | 2,523 | $550 | - |
A 13507 Elgers Sold | $1,510,000 | 5 | 4 | 2,378 | $635 | 0.7 mi |
B 13626 Aclare Lane Sold | $1,360,000 | 5 | 3 | 2,289 | $594 | 0.1 mi |
C 18517 Betty Way Sold | $1,250,000 | 7 | 4 | 2,560 | $488 | 0.9 mi |
D 13011 Hart Place Sold | $1,436,000 | 4 | 3 | 2,389 | $601 | 0.8 mi |
E 13408 Moore Street Active | $1,100,000 List Price | 4 | 2 | 2,311 | $476 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property benefits from major recent system upgrades including a new roof (2022), newer HVAC, and an updated 200-amp electrical panel. However, the interior is significantly dated; the bathrooms and kitchens feature original-style oak cabinetry, fluorescent light boxes, and older tile work consistent with a 30+ year old aesthetic. While functional and well-maintained, the home requires cosmetic modernization and TLC.
The unique floor plan features two primary suites, two kitchens, and two living rooms, making it an ideal setup for extended families or dual-living arrangements.
Situated on a quiet cul-de-sac in a highly desirable Cerritos neighborhood, the property offers access to top-rated ABC Unified schools, including Gonsalves Elementary and Carmenita Middle School.
The home boasts significant recent improvements, including a new roof installed in 2022, newer central A/C and heating, and an upgraded 200-amp electrical panel.
The property is noted as needing some tender loving care, suggesting that buyers will need to invest additional capital into renovations and modernizing the interior.
With a lot size of approximately 5,001 sq. ft., the outdoor space is relatively compact for a home of this square footage, which may limit gardening or expansion options.
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 well-maintained residence offers approximately 2,523 sq. ft. of versatile living space, featuring 2 primary suites, 2 living rooms, and 2 fireplaces -ideal for extended 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 first floor features 2 bedrooms and 2 bathrooms (one of them is a primary ensuite), perfect for guests or in-laws. Upstairs, you’ll find a versatile loft ideal for a home office or play area, along with a huge second primary ensuite, kitchenette (wetbar), 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 plus an attached 2-car garage with abundant storage space. Although needing some TLC, it is conveniently located near shopping, dining, parks, transportation, and top-rated schools. This home is situated in a peaceful and welcoming community known for its strong neighborhood charm. Don’t miss this rare opportunity to own a truly versatile and exceptional home in Cerritos — this one won’t last!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 76% |
| Baths | 4.0 | 3.0 | 91% |
| Square foot | 2,523 | 2,026 | 81% |
| Lot Size | 5,001 | 5,263 | 20% |
| Price | $1.40M | $1.25M | 76% |
| Price per sq ft | $554 | $650 | 20% |
| Built year | 1971 | 1970 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 129 | 4% |
May 18, 2026
$1,399,000
Initial Listing