PendingCondominium

16705 Shenandoah

Cerritos, CA, 90703

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$499,000

MLS: PW26083890

Beds

2

Baths

2

Sq Ft

904

Lot

0.06 ac

Year Built

1973

MLS #

PW26083890

Days on Market

5

Listed

Apr 23, 2026

Description

Very motivated seller—priced approximately $80,000 below a comparable home in the same community. Welcome to this charming 2-bedroom, 2-bath townhome located in one of Cerritos’ most desirable neighborhoods—an exceptional opportunity for first-time buyers seeking comfort, convenience, and access to the award-winning ABC Unified School District. Offering 904 square feet of thoughtfully designed living space, this well-maintained residence features a functional two-story layout with an attached garage and direct home access. The bright and inviting interior includes a spacious living room, central air conditioning, forced-air heating, and a well-equipped kitchen with included appliances. Convenient community laundry facilities are shared among only four units. A private outdoor patio provides the perfect setting for relaxing or entertaining. Residents enjoy resort-style HOA amenities, including a sparkling community pool and spa, beautifully maintained grounds, and a welcoming neighborhood atmosphere. HOA dues are $485 per month and include water and trash service. This is an outstanding opportunity to own in a highly sought-after location at an exceptional value. Please note that the listing photos were taken before the home became cluttered. Thank you for your understanding.

Location

Cerritos, Los Angeles County, CA 90703

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Listed by: Sophia Chang · New Star Realty & Investment

Payment estimate

$3,848

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100

%
Principal & Interest
$2,842
Property tax (1.25%)
$520
Homeowners insurance
$300
Mortgage insurance
$187
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

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 $17,465 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.