11524 Jerry Street, Cerritos, California 90703, Cerritos, 90703 - 3 bed, 2 bath
ACTIVE$875,000
11524 Jerry Street, Cerritos, California 90703
3Beds
2Baths
1,152Sqft
5,021Lot
Year Built
1969
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$760
HOA
-
Days on market
-
Sold On
-
MLS number
RS25125013
Home ConditionFair
Features
Pool
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 24% below the list price. We found 4 Cons,5 Pros. Rank: price - $875.0K(7th), sqft - 1152(7th), beds - 3(29th), baths - 2(50th).
Great neighborhood!, this home needs TLC but, it is the perfect starter home! Vaulted ceilings with crown moulding, updated kitchen with granite counters, updated baths and a cool pool. The windows have been replaced and the front now sports a wonderful atrium window allowing for more light and space in the living area.
Price History
Date
Event
Price
08/27/25
Sold
$881,000
08/12/25
Sold
$840,000
Condition Rating
Fair
The property was built in 1969, making it over 50 years old. While the description mentions 'updated kitchen with granite counters' and 'updated baths,' the images reveal that these updates are likely older, with dated light wood cabinets and black appliances in the kitchen, and worn, outdated carpets in the bedrooms. The overall aesthetic is aged, and the listing explicitly states the home 'needs TLC,' indicating that while major components may be functional, they show signs of being outdated and require more than minor cosmetic repairs to meet current standards. This aligns with the 'Fair' category, suggesting it requires minor updates or repairs, and the home is aged but maintained through occasional updates, though these updates are now showing their age.
Pros & Cons
Pros
Desirable Neighborhood: The property is situated in a 'Great neighborhood!', indicating a strong community appeal and potentially good local amenities.
Updated Kitchen: The kitchen has been updated with granite counters, offering a modern aesthetic and improved functionality.
Updated Bathrooms: The bathrooms have been updated, suggesting recent improvements to key areas of the home.
Private Pool: The inclusion of 'a cool pool' adds a desirable recreational amenity, enhancing lifestyle and property value.
Highly-Rated School District: Located within the ABC Unified School District, which is a significant draw for families seeking quality education.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-08-27. The sold price is $881,000.00. The property was recently sold within the past year on 2025-08-12. The sold price is $840,000.00.
Requires Significant Work: The description explicitly states the home 'needs TLC', indicating potential for substantial renovation or repair costs for a prospective buyer.
Potential Overpricing: The listing price of $875,000 is significantly higher than the estimated property value of $659,716.52, resulting in a -24% estimation ratio, suggesting it may be overpriced relative to its current condition or market value.
Older Construction Year: Built in 1969, the property is over 50 years old, which may imply aging systems (e.g., plumbing, electrical) that could require future maintenance or replacement, despite some mentioned updates.