17734 Gerritt Ave, Cerritos, California 90703, Cerritos, 90703 - 3 bed, 2 bath
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Cerritos, California 90703
This property presents a High-Potential Investment Opportunity with a List Price of $999,900—positioned well below the $1,022,358 Fair Market Value by 2%. This valuation gap offers $22,458 in Instant Equity. While the home maintains a Fair Condition Rating (4/10) due to its vintage 1971 construction, its location in the prestigious ABC Unified School District and functional open-concept layout provide a solid foundation. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build long-term value through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17734 Gerritt Ave Subject | $999,900* List Price | 3 | 2 | 1,230 | $831 | - |
A 17918 Pires Sold | $1,110,000 | 3 | 2 | 1,388 | $800 | 0.6 mi |
B 18020 Gerritt Place Sold | $988,800 | 3 | 2 | 1,200 | $824 | 0.2 mi |
C 13220 Sutton Sold | $910,000 | 3 | 2 | 1,283 | $709 | 0.6 mi |
D 17826 Caliente Sold | $1,235,000 | 4 | 4 | 1,715 | $720 | 0.3 mi |
E 18727 Holmes Sold | $1,055,000 | 3 | 2 | 1,258 | $839 | 0.7 mi |
F 13325 Ashworth Street Sold | $1,155,000 | 4 | 2 | 1,511 | $764 | 0.5 mi |
G 13202 Carolyn Sold | $1,055,000 | 3 | 2 | 1,595 | $661 | 0.7 mi |
H 13151 Rose Street Sold | $1,000,000 | 3 | 2 | 1,230 | $813 | 0.7 mi |
I 13157 Rose St Active | $1,050,000 List Price | 3 | 2 | 1,230 | $854 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, the property is over 50 years old and shows significant signs of age despite some minor cosmetic updates like laminate flooring. The bathroom features original 1970s tile and a worn, dated vanity with peeling paint. Popcorn ceilings are present, and the exterior trim shows signs of weathering, indicating the home needs modernization of its primary systems and wet areas.
The property is located within the highly acclaimed ABC Unified School District, which is a significant driver for property value and a top priority for families in the area.
The home features an open-concept kitchen that flows into the dining area and a living room with a fireplace, offering a modern and desirable floor plan for its size.
Situated near major commuter routes, shopping, and dining, the property offers excellent convenience and strong potential for both owner-occupants and investors.
At nearly $1,000,000 for 1,230 square feet, the property carries a high price-to-space ratio that may be a hurdle for buyers seeking more interior square footage.
Built in 1971, the home may require modern cosmetic updates or infrastructure improvements to compete with newer or fully renovated residences in the neighborhood.
Excellent Location in a Highly Desirable ABC School District! This charming 3-bedroom, 2-bath home offers 1,230 sq. ft. of comfortable living space and is ideal for first-time buyers or savvy investors. Enjoy a warm living room with a romantic fireplace, an open-concept kitchen that flows into the dining area, and a functional layout for everyday living. The property has been used as a rental in the past and offer excellent potential for both owner-occupied and investors. Conveniently located near top-rated schools, shopping, dining, parks and major freeways, this home delivers comfort, convenience, and strong investment potential. Don't Miss It!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,230 | 1,934 |
| Lot Size | 5,050 | 5,201 |
| Price | $999.9K | $1.28M |
| Price per sq ft | $813 | $669 |
| Built year | 1971 | 1969 |
| HOA | $0 | $0 |
| Days on market | 11 | 44 |
Jul 11, 2026
$999,900
Initial Listing
Dec 23, 2002
$361,500
Public Record