17700 Palo Verde Avenue, Cerritos, California 90703, Cerritos, 90703 - 2 bed, 1 bath

17700 Palo Verde Avenue, Cerritos, California 90703 home-pic-0
ACTIVE UNDER CONTRACT$495,000
17700 Palo Verde Avenue, Cerritos, California 90703
2Beds
1Bath
757Sqft
306,866Lot
Year Built
1973
Close
-
List price
$495K
Original List price
$495K
Price/Sqft
$654
HOA
$405
Days on market
-
Sold On
-
MLS number
OC25152125
Home ConditionExcellent
Features
Deck
Pool
Spa
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $495.0K(25th), sqft - 757(17th), beds - 2(50th), baths - 1(50th).

Welcome to 17700 Palo Verde, a completely renovated condo with an *ASSUMABLE 4.87% LOAN* and a *$20K GRANT* being offered by CNB. This home offers the perfect blend of comfort, modern style, and functionality in the highly sought-after Boardwalk Village community. Built in 1973 and extensively remodeled in 2022, this light-filled home features luxury vinyl plank flooring, crown molding, updated electrical outlets, central AC and heating, an EV charger, a remote garage door opener, and new double-pane windows with a lifetime warranty. At the heart of the home, the fully remodeled kitchen showcases stainless steel appliances, Carrera marble countertops, updated cabinetry, a dining nook, breakfast bar, and both recessed and pendant lighting, while an in-unit laundry room adds everyday convenience. The home offers two spacious bedrooms, including a primary suite with an attached bath featuring tile flooring, an updated vanity, and a soaking tub, while the second bedroom provides flexibility for use as a kids’ room, home office, or guest space. Step outside to a private balcony and enjoy community amenities including a pool, spa, clubhouse, lush greenbelts, and ample guest parking. Located just minutes from top-rated Cerritos schools (including Valley Christian and Gahr High), Cerritos Mall, Lakewood Mall, Cerritos Auto Square, and with easy access to the 91 and 605 freeways, this move-in-ready condo delivers lifestyle, comfort, and unbeatable convenience.

Nearby schools

6/10
Esther Lindstrom Elementary School
Public,PK-60.7mi
6/10
Mayfair High School
Public,7-120.8mi

Price History

Date
Event
Price
07/11/25
$495,000
09/27/22
Sold
$515,000
05/04/04
Sold
$262,000
05/27/98
Sold
$87,500
Condition Rating
Excellent

Despite being built in 1973, this property underwent an extensive and complete renovation in 2022, which is well within the 'extensively renovated within 5 years' criteria for an excellent score. The description highlights a fully remodeled kitchen with stainless steel appliances, Carrera marble countertops, updated cabinetry, and modern lighting. The bathroom also features an updated vanity and tile flooring. Other significant updates include luxury vinyl plank flooring, new double-pane windows, updated electrical, and central AC/heating, all contributing to a virtually new and modern living space with no deferred maintenance.
Pros & Cons

Pros

Exceptional Financial Incentives: The property offers an assumable 4.87% loan and a $20,000 grant, providing significant financial advantages and reducing the barrier to entry for potential buyers in the current market.
Extensive Modern Renovation: Completely renovated in 2022, the home features luxury vinyl plank flooring, crown molding, updated electrical, central AC/heating, an EV charger, and new double-pane windows with a lifetime warranty, ensuring a move-in-ready modern living experience.
Fully Remodeled Gourmet Kitchen: The kitchen is a highlight, showcasing stainless steel appliances, Carrera marble countertops, updated cabinetry, a dining nook, and breakfast bar, appealing to buyers who value a modern and functional cooking space.
Desirable Community Amenities: Residents benefit from access to a community pool, spa, clubhouse, lush greenbelts, and ample guest parking within the sought-after Boardwalk Village community, enhancing lifestyle and recreational options.
Prime Location & Accessibility: Strategically located minutes from top-rated schools (including Valley Christian and Gahr High), Cerritos and Lakewood Malls, Cerritos Auto Square, and major freeways (91, 605), offering unparalleled convenience and strong local amenities.

Cons

Higher-Than-Average HOA Fees: A monthly association fee of $405 is substantial for a 2-bedroom, 1-bath condo, which can significantly impact overall affordability and monthly housing costs for a buyer.
Compact Living Space: At 757 square feet, the unit offers a relatively small footprint for a 2-bedroom condo, potentially limiting its appeal for buyers seeking more spacious living areas or those with growing families.
Older Building Structure: Despite extensive interior renovations, the building was constructed in 1973, meaning the underlying infrastructure is over 50 years old, which could lead to higher long-term maintenance costs for the HOA or unforeseen issues not covered by unit-specific remodels.

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