
Cerritos, California 90703
This property presents a High-Potential Investment Opportunity with a List Price of $950,000—positioned slightly above the $927,006 Fair Market Value. While requiring a full interior renovation due to its Condition Rating of 5, the home offers significant upside in the prestigious ABC Unified School District. The Corner Lot with Gated RV Parking and a Bonus Surplus Room provides rare functional utility. This is a strategic acquisition for Value-Add Investors or Owner-Occupants looking to customize a home in a prime Cerritos location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19302 Teresa Subject | $950,000* List Price | 3 | 2 | 1,308 | $709 | - |
A 12412 Viarna Street Sold | $910,000 | 4 | 2 | 1,491 | $610 | 0.4 mi |
B 19706 Alida Sold | $885,000 | 3 | 2 | 1,405 | $630 | 0.7 mi |
C 19922 Rainbow Way Sold | $985,000 | 3 | 2 | 1,213 | $812 | 0.5 mi |
D 18512 Kamstra Active | $950,000 List Price | 3 | 2 | 1,122 | $847 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 (54 years old) with no recent remodeling according to the listing description. Interior shows original wood paneling and dated flooring, indicating the kitchen, bathrooms, and major systems likely require a full rehab to meet modern standards.
Situated in the prestigious ABC Unified School District, this home is within walking distance to Pat Nixon Park and the Cerritos Senior Center, offering exceptional educational and recreational value.
The property occupies a desirable corner lot and includes a rare gated RV parking space, providing significant utility for homeowners with extra vehicles or recreational equipment.
The single-level floor plan features a bonus surplus room ideal for a home office, offering a practical and accessible layout that is highly sought after in the Cerritos market.
The home has not been recently remodeled and reflects its 45-year long-term ownership, requiring a significant investment in modernization and cosmetic upgrades to meet current market standards.
With 1,308 square feet of living area and laundry hookups located in the garage, the interior space may feel constrained for larger families or those seeking modern indoor utility rooms.
Wonderful opportunity to own this highly desirable Single Story corner lot house located close to SOUTH STREET and Bloomfield! And gated RV parking space in backyard! Charming gem with 3-bedrooms and 2-bathrooms (1-bathtub & 1-shower stall). Also has a small surplus room (located next to master bedroom, previously utilized as office). Attached 2-car garage. Laundry hookups in garage. Lovely backyard with mature fruit trees to enjoy. Seller's family has cherished this home for 45+ years. Please note inside is not recently remodeled, offering opportunity to customize and design your way. Located in prestigious ABC school district. A lot of convenient shopping and dining nearby. Within about 0.5 miles neighborhood amenities, including Pat Nixon Park/ Cerritos Senior Center and Knabe Park. Public library (about 1.0 mile) and Performing Arts Center (about 1.0 mile). Los Cerritos Mall and outlets (about 2-3 miles). Cerritos Towne Center (Walmart, Trader Joes) is about 1.5-2.0 miles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,308 | 2,154.319 |
| Lot Size | 5,284 | 5,305.277 |
| Price | $950.0K | $1.28M |
| Price per sq ft | $726 | $648 |
| Built year | 1970 | 1970 |
| HOA | $0 | $201 |
| Days on market | 11 | 44 |
Aug 29, 2026
$950,000
Initial Listing