17720 Palo Verde, Cerritos, California 90703, Cerritos, 90703 - 3 bed, 3 bath
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17720 Palo Verde
Cerritos, California 90703
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,145Sq Ft
306,866Lot Size
Property Price
LIST PRICE$699,888
EST. MARKET VALUE
$773,630
9% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $699,888—positioned well below the $773,630 Fair Market Value by 9%. This valuation gap offers $73,742 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern white shaker cabinetry and luxury vinyl plank flooring, this home offers a resort-style lifestyle in the Boardwalk community. Located near top-rated schools in the Bellflower Unified District, this property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready residence.
Estimated Market Value
$773,630+$73,742 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 17720 Palo Verde Subject | $699,888* List Price | 3 | 3 | 1,145 | $676 | - |
A 18728 Del Rio Place 2 Sold | $558,000 | 2 | 2 | 898 | $621 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1973, the property has undergone a comprehensive recent renovation (likely within the last 5 years). It features modern white shaker cabinetry, stainless steel appliances, updated quartz countertops, contemporary lighting fixtures, and new luxury vinyl plank flooring throughout, meeting the criteria for mint condition and no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
Located in the desirable Boardwalk community, residents benefit from premium amenities including a community pool and lush greenbelts, fostering a high-quality lifestyle.
- Prime Location
The property is ideally situated near the Cerritos Mall and offers easy freeway access, making it highly convenient for shopping, dining, and commuting.
- Ample Parking
This unit features a detached one-car garage plus an additional assigned parking space, providing rare and valuable parking flexibility for a condominium.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =306866, other record lot size in square feet = 306791.
- High Association Fees
The monthly HOA fee of $405 represents a significant recurring cost that may impact the overall affordability for some buyers.
- Compact Living Space
With 1,145 square feet distributed across three bedrooms and three bathrooms, the interior layout may feel constrained compared to other residential options.
About 17720 Palo Verde
Move right into this beautiful home in the desirable Boardwalk community. Enjoy resort-style living with community pool, lush greenbelts. Perfect location near top schools, shopping at Cerritos Mall, and easy freeway access. Don't miss this incredible opportunity in one of Cerritos' most sought-after neighborhoods. 1 detached garage and an additional assigned parking space for the 2nd car.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 306,866 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $405.0 / Month
Neighborhood Insights
Cerritos Unified Schools
Esther Lindstrom Elementary School
Grades PK-6 • 0.7 mi
6/10
Mayfair High School
Grades 7-12 • 0.8 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,145 | 853 |
| Lot Size | 306,866 | 7,060.25 |
| Price | $699.9K | $1.20M |
| Price per sq ft | $611 | $1.4K |
| Built year | 1973 | 1971 |
| HOA | $405.0 | $315 |
| Days on market | 10 | 62 |
Pricing History
Listed for Sale
Aug 30, 2026
$699,888
Initial Listing
Sold
Jan 10, 2020
$463,500
Public Record