
Cerritos, California 90703
This property presents a High-Potential Investment Opportunity with a List Price of $1,099,000—positioned well below the $1,062,236 Fair Market Value by -3%. While the home carries a Condition Rating of 5, the significant square footage and location within the ABC Unified School District provide a strong foundation for value-add renovations. This asset requires a comprehensive rehab to modernize its dated systems and layout. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to capture equity in a high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13848 Carnaby Street Subject | $1,099,000* List Price | 4 | 3 | 1,952 | $544 | - |
A 17422 Vierra Sold | $960,000 | 4 | 2 | 1,604 | $599 | 0.4 mi |
B 17422 Vierra Sold | $960,000 | 4 | 2 | 1,604 | $599 | 0.4 mi |
C 13508 Caravel Pl Sold | $1,160,000 | 4 | 3 | 2,222 | $522 | 0.7 mi |
D 13202 Carolyn Sold | $1,055,000 | 3 | 2 | 1,595 | $661 | 0.9 mi |
E 13138 Sutton Pending | $997,000 List Price | 4 | 3 | 2,160 | $462 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972 (54 years old) and explicitly listed as an 'as-is' fixer-upper. Interior photos show significant neglect, including exposed subflooring, missing electrical covers, and dated systems, indicating a need for a full rehab.
Situated within the highly acclaimed ABC Unified School District, this property offers access to top-tier educational institutions, which is a primary driver for property value and demand in the Cerritos area.
Featuring 4 bedrooms and 3 bathrooms across 1,952 square feet, the home provides a generous and versatile layout that is well-suited for large families or multi-generational living.
As a fixer-upper in a desirable neighborhood, this property presents a prime opportunity for investors or owner-occupants to modernize the home and capture substantial sweat equity.
The home is explicitly listed as a fixer-upper being sold in 'as-is' condition, implying that significant capital investment will be required for immediate repairs and renovations.
The listing highlights a requirement for the buyer to verify all permits, suggesting potential risks regarding unpermitted work or non-compliant structures that could complicate financing or future sales.
Sold as is fixer upper. Buyer and buyer's broker are responsible to check and confirm the status of any and all permits.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,952 | 2,026 | 48% |
| Lot Size | 5,254 | 5,250 | 51% |
| Price | $1.10M | $1.25M | 25% |
| Price per sq ft | $563 | $658 | 21% |
| Built year | 1972 | 1970 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 136 | 5% |
May 21, 2026
$1,099,000
Initial Listing