ActiveSingleFamilyResidence

13508 Caravel

Cerritos, CA, 90703

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$1,450,000

MLS: OC26081254

Beds

5

Baths

3

Sq Ft

2,222

Lot

0.11 ac

Year Built

1966

MLS #

OC26081254

Days on Market

7

Listed

Apr 15, 2026

Description

Welcome to 13508 Caravel — a beautifully remodeled 5-bedroom home located in one of Cerritos’ most desirable neighborhoods. This spacious home offers 2,222 square feet of living space on a 4,996 square foot lot, featuring a highly functional layout with 4 bedrooms upstairs and 1 bedroom downstairs, ideal for guests, extended family, or a home office. The home includes 2.5 bathrooms and an indoor laundry area for added convenience. The interior has been fully remodeled with modern finishes throughout, creating a clean, move-in ready space with an open and inviting feel. From the updated flooring to the refreshed kitchen and bathrooms, every detail has been thoughtfully designed to maximize comfort and style. Located within the highly sought-after ABC Unified School District, this home is zoned for top-rated schools including Cerritos High School and Carmenita Junior High School. Conveniently situated near parks, shopping, dining, and easy freeway access, this is a great opportunity to own a turnkey home in a prime Cerritos location.

Location

Cerritos, Los Angeles County, CA 90703

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Listed by: Amir Rajab · OC Homes Realty

Payment estimate

$10,372

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $145,000 · Loan: $1,305,000

%
Principal & Interest
$8,018
Property tax (1.25%)
$1,510
Homeowners insurance
$300
Mortgage insurance
$544
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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 $50,750 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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