19922 Rainbow Way, Cerritos, California 90703, Cerritos, 90703 - 3 bed, 2 bath

19922 Rainbow Way, Cerritos, California 90703 home-pic-0

19922 Rainbow Way

Cerritos, California 90703

ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,213Sq Ft
5,002Lot Size

Property Price

LIST PRICE$945,000
EST. MARKET VALUE
$1,005,450
6% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$1,005,450 +$60,450 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Cerritos.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1970, this home is well-maintained but shows signs of age consistent with its era. While the layout is open and bright, the listing explicitly states the kitchen is ready for renovation, indicating outdated cabinetry and appliances. The property lacks a recent full-scale renovation, placing it in the fair category as it is functional and livable but requires modernization to meet current aesthetic and efficiency standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Location and Schools

    Situated in a highly sought-after Cerritos neighborhood within the prestigious ABC Unified School District, offering exceptional long-term value and access to top-rated education.

  • Private Outdoor Oasis

    The property features a beautifully landscaped backyard with a covered patio, providing an ideal private space for outdoor entertaining and relaxation in the California sunshine.

  • Open and Bright Layout

    The home boasts an open floor plan with abundant natural light and elegant finishes, creating a spacious and welcoming atmosphere throughout the primary living areas.

CONSRISKS & DEFICIENCIES

  • Kitchen Renovation Required

    The kitchen is explicitly noted as being ready for renovation, suggesting that the space is dated and will require additional capital investment from the buyer to modernize.

  • Compact Square Footage

    With only 1,213 square feet of living space for a three-bedroom home, the interior may feel restrictive for buyers looking for larger room scales or expansive common areas.

About 19922 Rainbow Way

Welcome to 19922 Rainbow Way, a stunning gem nestled in the heart of Cerritos, CA! This beautifully maintained home offers the perfect blend of comfort, style, and convenience in a highly sought-after neighborhood. Step inside and be greeted by an open, airy floor plan, bathed in natural light that highlights the elegant finishes throughout. The spacious living and dining areas provide an ideal setting for both relaxed evenings and lively gatherings. The light-filled kitchen is a chef's dream, complete with sleek countertops and ample cabinetry, ready to be renovated for your culinary adventures. The home features 3 generously sized bedrooms and 2 bathrooms, providing ample space for relaxation and privacy. The primary suite is a true retreat, featuring a walk-in closet and an en suite bathroom. Step outside to your private backyard oasis, where you’ll find a perfect space for entertaining, gardening, or simply unwinding under the California sunshine. The covered patio and landscaped yard enhance the home's appeal, making this outdoor area a highlight. Located in the vibrant Cerritos community, you’ll enjoy top-rated schools, nearby parks, shopping, dining, and easy access to major freeways. This home truly offers the perfect balance of tranquility and accessibility. Don’t miss the opportunity to call 19922 Rainbow Way your home. Schedule a showing today and experience the lifestyle you’ve been dreaming of!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1970
Lot Size
5,002 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
28%
Baths2.03.0
45%
Square foot1,2131,894.5
8%
Lot Size5,0025,259
21%
Price$945.0K$1.20M
13%
Price per sq ft$779$644
81%
Built year19701970
50%
HOA$0$0
50%
Days on market22151
1%

Pricing History

Listed for Sale

Feb 12, 2026

$945,000

Initial Listing

Sold

Dec 3, 2010

$490,000

Public Record

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