16615 Graystone, Cerritos, California 90703, Cerritos, 90703 - 3 bed, 3 bath
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16615 Graystone
Cerritos, California 90703
ACTIVE
CONDITION: GOOD
3Beds
3Baths
991Sq Ft
1,563Lot Size
Property Price
LIST PRICE$712,000
EST. MARKET VALUE
$733,269
SUMMARY
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $712,000—positioned well below the $733,269 Fair Market Value by 2%. This valuation gap offers $21,269 in Instant Equity for the buyer. Featuring a Good Condition Rating with modern upgrades like a tankless water heater and new hardwood floors, this home is situated in the prestigious ABC Unified School District. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home with long-term value.
Estimated Market Value
$733,269
Based on Realkey algorithm analyzing recent comparable sales in Cerritos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16615 Graystone Subject | $712,000* List Price | 3 | 3 | 991 | $740 | - |
A 16617 Graystone Sold | $721,000 | 3 | 3 | 991 | $728 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2008 (18 years old), this property fits the 10-20 year age bracket for a 'Good' rating. It is well-maintained and move-in ready, featuring recent updates such as new hardwood flooring and fresh interior paint. Modern systems like a tankless water heater, Nest thermostat, and dual-pane windows, along with granite countertops, support a high level of functionality and maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Premier School District
Situated within the highly acclaimed ABC Unified School District, this property offers exceptional educational opportunities, which is a primary driver for property value and demand in Cerritos.
- Modern Turn-Key Updates
Built in 2008 and recently enhanced with new hardwood flooring, fresh interior paint, and energy-efficient upgrades like a tankless water heater and Nest thermostat, ensuring a move-in-ready experience.
- Strategic Location
The home boasts excellent proximity to Cerritos College, major freeways, and local shopping hubs, making it an ideal choice for commuters and those seeking urban convenience.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
With only 991 square feet of living space for a three-bedroom configuration, the interior layout may feel cramped and lacks the spaciousness typically expected in a single-family residence.
- Minimal Lot Size
The 1,563 square foot lot is exceptionally small for a detached home, offering very little private outdoor space or yard for gardening and recreation.
About 16615 Graystone
Welcome to this beautiful home in the highly desirable city of Cerritos, located within the award-winning ABC Unified School District. Thoughtfully designed for comfortable everyday living, this home features a well-planned layout that makes the most of every square foot. The first floor offers a convenient half-bath, perfect for guests, while three spacious bedrooms and two full bathrooms upstairs provide privacy and separation for the whole family. Fresh interior paint and gorgeous new hardwood flooring throughout create a bright, modern, and move-in-ready atmosphere.Additional highlights include dual-pane windows, granite countertops, a tankless water heater, and a Nest thermostat for enhanced comfort and energy efficiency. The attached two-car garage provides convenient parking and storage. Enjoy a prime location near Cerritos College, Niemes Elementary School, and Gahr High School, with convenient access to shopping, dining, parks, and major freeways. Combining a desirable location, thoughtful floor plan, and stylish updates, this Cerritos gem is ready to welcome you home. Schedule your private showing today! for online viewing you can log in https://my.matterport.com/show/?m=CuYLK2untuc
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2008
- Lot Size
- 1,563 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 991 | 2,154.319 |
| Lot Size | 1,563 | 5,305.277 |
| Price | $712.0K | $1.28M |
| Price per sq ft | $718 | $648 |
| Built year | 2008 | 1970 |
| HOA | $0 | $201 |
| Days on market | 25 | 44 |
Pricing History
Listed for Sale
Aug 15, 2026
$712,000
Initial Listing
Sold
Mar 16, 2016
$415,000
Public Record
Sold
Nov 9, 2010
$265,000
Public Record
Sold
Jun 4, 2008
$465,000
Public Record