
Cerritos, California 90703
This Prime Investment Opportunity is listed at a List Price of $539,000, positioned well below the $552,831 Fair Market Value by 2%, offering $13,831 in Instant Equity. Featuring a 2025 Remodel and an Excellent Condition Rating, this home includes a modern kitchen, designer bathroom, and double garage. Located in the ABC Unified School District, it provides strong rental demand with an estimated $3,600/month income. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, high-value asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16801 Judy Way 44 Subject | $539,000* List Price | 3 | 1 | 867 | $661 | - |
A 16735 Cedarwood Sold | $575,000 | 2 | 2 | 904 | $636 | 0.1 mi |
B 16822 Sierra Vista Sold | $550,000 | 2 | 2 | 904 | $608 | 0.2 mi |
C 12418 Rancho Vista Active Under Contract | $569,000 List Price | 2 | 1 | 808 | $704 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a comprehensive 2025 renovation, including a brand-new kitchen with modern cabinetry and premium countertops, and a fully remodeled bathroom with contemporary finishes. Despite the 1971 build date, the recent high-end updates to the primary living areas and systems, along with new paint and epoxy garage flooring, place it in the excellent category as a mint-condition, move-in ready home.
The property is in turnkey condition following a comprehensive 2025 upgrade, featuring a brand-new kitchen with premium countertops, a designer bathroom, and a rare double garage with epoxy flooring.
Located within the highly acclaimed ABC Unified School District, this home offers significant appeal for families and ensures strong long-term property value retention.
With an estimated rental income of $3,600 per month in a high-demand market, this property offers an attractive cap rate for investors looking for a move-in-ready asset.
The 867-square-foot floor plan is exceptionally compact for a three-bedroom unit, and the single-bathroom configuration may be a significant drawback for larger households.
The reliance on community laundry facilities rather than private in-unit hookups represents a convenience deficit compared to many modern condominium competitors.
MOVE-IN READY | FULLY UPGRADED | BOTH a START UP HOME and INVESTOR'S DREAM Welcome to this beautifully upgraded home nestled within the sought-after Cerritos Villas community. Award winning and highly acclaimed ABC Unified School District, easy access to the 91, 605 & 5 Freeways, and is minutes from Cerritos Town Center, Los Cerritos Center, the Cerritos Performing Arts Center, and the award-winning Cerritos Library. This home locates on upper level of the structure with a single-floor plan. Completely transformed with a brand-new remodeled kitchen with appliances featuring modern cabinetry and premium countertops, as well as the remodeled bathroom with contemporary tile and designer fixtures all in 2025 . Add premium interior and exterior paint, a rare find double garage with epoxy floor-m and many more thoughtful upgrades — this home is truly move-in ready and shows like a model. Residents of Cerritos Villas enjoy resort-style living with lush greenbelts, manicured walkways, three sparkling pools and spas, a clubhouse, community laundry facilities, and abundant guest parking. Investors take note — this property commands an estimated $3,600/month in rental income in one of LA County's most in-demand markets.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 867 | - |
| Lot Size | 7,104 | - |
| Price | $539.0K | $990.4K |
| Price per sq ft | $622 | $1.1K |
| Built year | 1971 | 0 |
| HOA | $483.0 | $0 |
| Days on market | 34 | 70 |
Jun 18, 2026
$539,000
Initial Listing
Nov 24, 2010
$186,000
Public Record
Jun 27, 2007
$358,000
Public Record