12143 Phoenix Drive
Cerritos, CA, 90703
$1,599,999
MLS: OC26062769
Beds
7
Baths
4
Sq Ft
3,556
Lot
0.19 ac
Year Built
1974
MLS #
OC26062769
Days on Market
30
Listed
Mar 23, 2026
Description
A rare opportunity in Cerritos, this expansive and recently renovated home is designed for multigenerational living or rental potential, offering 7 bedrooms, 4 full bathrooms, and approximately 3,556 square feet of living space on a private 8,139 sq ft lot. Thoughtfully designed with two distinct living wings and ADU potential, the layout offers flexibility for extended family, guests, or future income. The main level offers a spacious layout with soaring beamed ceilings, a gourmet kitchen with newly painted cabinetry, and both formal living and family rooms, each with its own fireplace. This wing includes four generously sized bedrooms, highlighted by a luxurious primary suite with vaulted ceilings, crown molding, an arched sitting area, walk-in closet, private fireplace, and a remodeled bathroom featuring a walk-in shower and new shaker-style vanity. An additional remodeled hall bathroom serves the remaining bedrooms. The upper-level living wing functions like a private apartment, featuring an open-concept kitchen that opens to a living room, three bedrooms including a primary suite with a resort-style bathroom complete with a soaking tub, dual sinks, and walk-in closet, a full hall bathroom, and a stackable washer and dryer. With both interior and exterior access, this space offers privacy and flexibility while remaining part of the main residence. Recent upgrades throughout both levels include new luxury vinyl plank flooring, new carpet, fresh interior paint and baseboards, updated panel doors and hardware, new closet doors, light fixtures, and ceiling fans. Additional improvements include newer windows, dual HVAC systems with newer thermostats, solar panels, a water softener, a new water pressure valve, upgraded copper supply lines, and built-in garage cabinetry. The backyard is designed for entertaining, featuring a covered outdoor pavilion with wood construction, brick columns, a shingle roof, and electrical, ideal for gatherings and outdoor dining. The property also offers block walls, brick and block planters, mature trees and shrubs, and a combination of brick and concrete hardscaping. The front yard features landscaped planters, brick and concrete walkways, an extra-wide driveway, wrought iron double-gate fencing, and RV parking. Ideally located within the highly regarded ABC Unified School District, the home is just minutes from parks, the Cerritos Millennium Library, Los Cerritos Center, shopping, dining, and convenient freeway access.
Location
Cerritos, Los Angeles County, CA 90703
Open on Google Maps ↗Listed by: Marcos Orozco · The Listing House
Payment estimate
$11,414
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $160,000 · Loan: $1,439,999
- Principal & Interest
- $8,848
- Property tax (1.25%)
- $1,667
- Homeowners insurance
- $300
- Mortgage insurance
- $600
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Cerritos home with as little as 3.5% down using an FHA loan — roughly $56,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Cerritos, CA 90703 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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