17202 Cortner Avenue, Cerritos, California 90703, Cerritos, 90703 - 5 bed, 3 bath

17202 Cortner Avenue, Cerritos, California 90703 home-pic-0
ACTIVE$1,125,000
17202 Cortner Avenue, Cerritos, California 90703
5Beds
3Baths
2,607Sqft
5,144Lot

Price Vs. Estimate

The estimated value ($977,367.37) is $147,632.63 (13%) lower than the list price ($1,125,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Location: Located in Cerritos, a highly sought-after city known for its excellent quality of life, safety, and community amenities.
Top Cons:
Renovation Required: Built in 1968 and explicitly marketed for 'personalized renovation,' indicating the need for significant investment in updates and repairs.

Compared to the nearby listings

Price:$1.12M vs avg $1.22M ($-95,000)34%
Size:2,607 sqft vs avg 1,960 sqft89%
Price/sqft:$432 vs avg $6433%

More Insights

Built in 1968 (57 years old).
Condition: Built in 1968, this property is 56 years old. The listing explicitly states it's 'First time on the market' and highlights it as an 'opportunity to create your dream living space' requiring 'personalized renovation' and customization. This strongly implies that the interior, including the kitchen and bathrooms, is likely original or severely outdated and requires substantial repairs and rehabilitation to meet modern standards. While the exterior appears maintained, the description points to a significant need for modernization of major components and aesthetics, aligning with the 'poor' condition criteria.
Year Built
1968
Close
-
List price
$1.13M
Original List price
$1.13M
Price/Sqft
$432
HOA
-
Days on market
-
Sold On
-
MLS number
PW25185791
Home ConditionPoor
Features
View-

About this home

First time on the market!! This home presents a great opportunity to create your dream living space. Featuring a well-designed floor plan, this property offers the ideal foundation for a personalized renovation. Bring your vision and customize with your unique style and finishes.

Condition Rating
Poor

Built in 1968, this property is 56 years old. The listing explicitly states it's 'First time on the market' and highlights it as an 'opportunity to create your dream living space' requiring 'personalized renovation' and customization. This strongly implies that the interior, including the kitchen and bathrooms, is likely original or severely outdated and requires substantial repairs and rehabilitation to meet modern standards. While the exterior appears maintained, the description points to a significant need for modernization of major components and aesthetics, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Desirable Location: Located in Cerritos, a highly sought-after city known for its excellent quality of life, safety, and community amenities.
Top-Rated School District: Zoned within the prestigious ABC Unified School District, a significant draw for families prioritizing top-tier education.
Spacious Layout: Offers a generous 2,607 sqft with 5 bedrooms and 3 bathrooms, providing ample space for a large family or flexible living arrangements.
Customization Potential: Marketed as a 'blank canvas' and 'ideal foundation for a personalized renovation,' appealing to buyers looking to customize their dream home.
Original Ownership: Being on the market for the 'first time' suggests original ownership, offering a unique opportunity for a full custom renovation without prior partial updates.

Cons

Renovation Required: Built in 1968 and explicitly marketed for 'personalized renovation,' indicating the need for significant investment in updates and repairs.
Potential for Outdated Systems: Given its age, critical systems (plumbing, electrical, HVAC) are likely original and may require immediate or future upgrades, adding to overall costs.
No Special Views: The property does not offer any notable views, which might be a consideration for buyers seeking scenic surroundings.

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