12417 Carolyn Street
Cerritos, CA, 90703
(No pictures available yet)
$1,600,000
MLS: DW26094668
Beds
4
Baths
3
Sq Ft
2,533
Lot
0.12 ac
Year Built
1973
MLS #
DW26094668
Days on Market
1
Listed
May 12, 2026
Description
Attention investors, contractors, and savvy buyers! Incredible opportunity to purchase this property in its current “as-is” condition at a reduced price or acquire it fully renovated at current market value. Perfect chance to customize and add your personal touch by selecting preferred flooring, interior finishes, and exterior colors if purchased during the renovation process. Located in a highly desirable area of Cerritos, this home offers convenient access to top-rated schools, parks, shopping, dining, and major freeway connections. Excellent potential for homeowners looking to create their dream home or investors seeking value-add opportunities in a prime location. Serious buyers only.
Location
Cerritos, Los Angeles County, CA 90703
Open on Google Maps ↗Listed by: Melvin Castro · Century 21 Allstars
Payment estimate
$11,546
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $160,000 · Loan: $1,440,000
- Principal & Interest
- $8,979
- 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 May 7, 2026
- 30-year fixed
- 6.37%
- 15-year fixed
- 5.72%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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.
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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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