12245 Eckleson Place, Cerritos, California 90703, Cerritos, 90703 - 4 bed, 3 bath
ACTIVE$1,249,000
12245 Eckleson Place, Cerritos, California 90703
4Beds
3Baths
2,727Sqft
5,329Lot
Year Built
1968
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$458
HOA
-
Days on market
-
Sold On
-
MLS number
RS25077152
Home ConditionFair
Features
Good View: City Lights
Deck
ViewCity Lights
About this home
Possibly Over-Priced:The estimated price is 43% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.25M(52th), sqft - 2727(92th), beds - 4(50th), baths - 3(52th).
Nice home with a lot of potential.
Price History
Date
Event
Price
12/01/11
Sold
$560,000
03/09/06
Sold
$860,000
06/01/00
Sold
$366,000
Condition Rating
Fair
Built in 1968, this property is 56 years old. The listing description 'Nice home with a lot of potential' and the AI analysis highlighting 'Dated Condition & Renovation Needs' and 'Lack of Detailed Modern Upgrades' strongly suggest that the interior, including the kitchen and bathrooms, is likely original or has very outdated renovations. The single exterior image shows a maintained but dated appearance, including an old TV antenna on the roof. While functional, the property requires substantial updates and modernization to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Prime Location & School District: Located in the highly desirable city of Cerritos, within the acclaimed ABC Unified School District, a significant draw for families.
Generous Living Space: Offers a substantial 2727 sqft with 4 bedrooms and 3 bathrooms, providing ample room for comfortable family living.
Desirable City Lights View: The property boasts a captivating 'City Lights' view, adding aesthetic appeal and potentially increasing its market value.
Value-Add Potential: The description 'Nice home with a lot of potential' suggests opportunities for a buyer to customize, renovate, and significantly increase the property's value.
Established Community: Built in 1968, the home is situated in a mature and well-established neighborhood, often associated with stability and community amenities.
Cons
Significant Price Discrepancy: The listing price of $1,249,000 is considerably higher than the estimated property value of $707,911.9, indicating a potential overvaluation that may deter buyers.
Dated Condition & Renovation Needs: As a 1968 build, and with a description emphasizing 'potential,' the property likely requires substantial updates and renovations to modernize its features and systems.
Lack of Detailed Modern Upgrades: The brief property description does not mention any recent significant upgrades or desirable modern amenities, which could make it less competitive against more recently renovated homes in the area.