19302 Teresa, Cerritos, California 90703, Cerritos, 90703 - 3 bed, 2 bath
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Cerritos, California 90703
This property presents a Strong Value Opportunity with a List Price of $890,000—positioned well below the $946,073 Fair Market Value by 5%. This valuation gap offers $56,073 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates, yet offers significant upside through its Corner Lot and Gated RV Parking. Located in the prestigious ABC Unified School District, this is a prime acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19302 Teresa Subject | $890,000* List Price | 3 | 2 | 1,308 | $723 | - |
A 12412 Viarna Street Sold | $910,000 | 4 | 2 | 1,491 | $610 | 0.4 mi |
B 19922 Rainbow Way Sold | $985,000 | 3 | 2 | 1,213 | $812 | 0.5 mi |
C 19019 Vickie Sold | $1,130,000 | 3 | 2 | 1,460 | $774 | 0.8 mi |
D 11975 Gonsalves Sold | $1,008,000 | 3 | 2 | 1,399 | $721 | 0.6 mi |
E 12314 Carnaby Street Sold | $850,000 | 3 | 2 | 1,203 | $707 | 0.8 mi |
F 19435 Almadin Sold | $1,077,000 | 4 | 2 | 1,504 | $716 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1970 (54 years old) and the listing explicitly states the interior has not been recently remodeled. While the exterior appears maintained, the home is dated and requires updates to the kitchen, bathrooms, and likely the original systems to meet modern standards, fitting the criteria for a functional but dated property.
The property is located within the highly acclaimed ABC Unified School District, a primary driver for property values and a major draw for families in the Cerritos area.
Situated on a desirable corner lot, the home features a rare gated RV parking space, providing significant added value for owners with multiple vehicles or recreational equipment.
The home is exceptionally well-located near the Cerritos Senior Center, parks, the state-of-the-art library, and major retail hubs like the Cerritos Towne Center and Los Cerritos Mall.
The interior has not been recently remodeled, requiring the buyer to invest additional capital for modernization and cosmetic upgrades to bring it up to current market standards.
At 1,308 square feet, the living space is relatively modest for a three-bedroom home, and the placement of laundry hookups in the garage may be less convenient for some buyers.
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) currently converted into an office. Attached 2-car garage. Laundry hookups in garage. Lovely backyard landscaping to enjoy. 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. Walkable to Cerritos Senior Center and parks. Nearby state-of-the-art library, Performing Arts Center, Los Cerritos Mall and outlets; Cerritos Towne Center (Walmart, Trader Joes).
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 | 1,308 | 1,934 |
| Lot Size | 5,284 | 5,201 |
| Price | $890.0K | $1.28M |
| Price per sq ft | $680 | $669 |
| Built year | 1970 | 1969 |
| HOA | $0 | $0 |
| Days on market | 20 | 44 |
Jul 2, 2026
$890,000
Initial Listing