
Cerritos, California 90703
This property presents a High-Potential Investment Opportunity with a List Price of $1,350,000—positioned above the $1,249,462 Fair Market Value. While the property requires modernization, its Condition Rating of 4 indicates a solid foundation for value-add renovations. The 1,812 square foot layout on a 5,211 square foot lot offers significant potential for forced appreciation in a prime Cerritos location. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive interior refresh to align with current market standards.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17914 Vierra Avenue Subject | $1,350,000* List Price | 4 | 3 | 1,812 | $690 | - |
A 17826 Caliente Sold | $1,235,000 | 4 | 4 | 1,715 | $720 | 0.1 mi |
B 18420 Heather Avenue Sold | $1,325,000 | 4 | 3 | 1,934 | $685 | 0.5 mi |
C 18520 Linda Circle Sold | $1,350,000 | 4 | 3 | 2,026 | $666 | 0.5 mi |
D 13551 Carolyn Sold | $1,274,000 | 4 | 3 | 1,876 | $679 | 0.6 mi |
E 13613 Edgefield Sold | $1,400,000 | 4 | 3 | 2,118 | $661 | 0.7 mi |
F 13618 Edgefield Street Sold | $1,260,000 | 4 | 3 | 2,118 | $595 | 0.7 mi |
G 17918 Pires Sold | $1,110,000 | 3 | 2 | 1,388 | $800 | 0.9 mi |
H 13325 Ashworth Street Sold | $1,155,000 | 4 | 2 | 1,511 | $764 | 0.8 mi |
I 13848 Carnaby Street Pending | $1,099,000 List Price | 4 | 3 | 1,952 | $563 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this 53-year-old property appears to be in original or near-original condition. The presence of popcorn ceilings, dated carpeting, and older cabinetry indicates it has not had a major renovation in over 20 years. While functional and described as having 'solid bones,' it requires significant cosmetic updates and likely system modernizations to meet current market standards.
Situated in the heart of Cerritos, the property offers excellent proximity to top-rated parks, diverse shopping, dining, and major freeway access, ensuring high long-term desirability.
With 4 bedrooms and 3 bathrooms across 1,812 square feet, the two-story floor plan provides a versatile and spacious configuration suitable for growing families.
Marketed as having 'solid bones' and needing a personal touch, this property presents a significant opportunity for investors or buyers to build equity through custom renovations.
The listing indicates a need to 'refresh' and 'update' the space, suggesting that the home likely requires a substantial capital investment to meet modern aesthetic and functional standards.
At a list price of $1.35M for a 1971-built home in need of modernization, the price point may be challenging for buyers who also need to budget for significant renovation costs.
Welcome to this 4-bedroom, 3-bathroom, two-story home in the heart of Cerritos! With 1,812 square feet of living space on a 5,211 square foot lot, this home offers a great opportunity to make it your own.Inside, you'll find a spacious layout with plenty of room to customize and update to fit your style. Whether you're looking to refresh the existing spaces or create your dream home, this property has the space and potential to bring your vision to life.Enjoy a convenient location close to parks, shopping, dining, entertainment, and major freeways, making it easy to enjoy everything Cerritos and the surrounding areas have to offer.If you've been looking for a home with solid bones, a great location, and the chance to add your own personal touch, this is one you won't want to miss. Come see the possibilities and make this Cerritos home your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,812 | 1,934 |
| Lot Size | 5,211 | 5,201 |
| Price | $1.35M | $1.28M |
| Price per sq ft | $745 | $669 |
| Built year | 1971 | 1969 |
| HOA | $0 | $0 |
| Days on market | 26 | 44 |
Jun 26, 2026
$1,350,000
Initial Listing