
Cerritos, California 90703
This Value-Add Residential Asset represents a Strong Value Opportunity, with a List Price of $1,148,000—positioned well below the $1,226,209 Fair Market Value by 6%. This valuation gap delivers $78,209 in Instant Equity for buyers. Holding a Condition Rating of 4, the "As-Is" status allows for forced appreciation through the modernization of the private pool and spacious 2,175 sq. ft. layout. Situated in the prestigious ABC Unified School District near Heritage Park, it offers a rare combination of equity growth and prime location. This is an ideal project for Fix-and-Flip Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19008 Jeffrey Avenue Subject | $1,148,000* List Price | 4 | 3 | 2,175 | $564 | - |
A 13026 San Salvador Sold | $1,330,000 | 4 | 3 | 2,357 | $564 | 0.3 mi |
B 13508 Caravel Pl Sold | $1,160,000 | 4 | 3 | 2,222 | $522 | 0.6 mi |
C 12502 Brent Sold | $1,170,000 | 4 | 3 | 1,881 | $622 | 0.6 mi |
D 13530 Darvalle Sold | $1,120,000 | 4 | 3 | 2,160 | $519 | 0.7 mi |
E 13138 Sutton Pending | $997,000 List Price | 4 | 3 | 2,160 | $462 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1972 and is being sold in 'As-Is' condition, indicating that while it has been maintained, it likely features dated interior finishes and original systems. The exterior appears functional, but the age and listing description suggest a need for cosmetic updates and modernization of the kitchen, bathrooms, and infrastructure to meet current market standards.
Situated in the highly sought-after ABC Unified School District and near local landmarks like Heritage Park, this property offers exceptional long-term value and appeal for families.
The inclusion of a private swimming pool provides a desirable lifestyle feature for Southern California living and enhances the home's entertainment potential.
With 4 bedrooms, 3 bathrooms, and over 2,100 square feet of living area, the home offers a functional and spacious floor plan suitable for a variety of household needs.
The property is being sold in its current condition, which may necessitate immediate capital expenditure for repairs or significant cosmetic renovations.
Built in 1972, the home likely requires updates to its major systems and interior finishes to align with modern energy efficiency and contemporary design standards.
Wonderful opportunity in Cerritos, CA. Local attractions in area include Cerritos Sculpture Garden and Heritage Park. This two-story home and an attached two car garage and a pool. Home has approximately 2,175 sq. ft. and sits on a lot of approx. 5,612 sq. ft. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,175 | 2,079.5 | 59% |
| Lot Size | 5,612 | 5,254.5 | 62% |
| Price | $1.15M | $1.25M | 30% |
| Price per sq ft | $528 | $637 | 17% |
| Built year | 1972 | 1971 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 139 | 1% |
Apr 3, 2026
$1,148,000
Initial Listing