18020 Gerritt Place
Cerritos, CA, 90703
$785,000
MLS: 26741967
Beds
3
Baths
2
Sq Ft
1,200
Lot
0.12 ac
Year Built
1970
MLS #
26741967
Days on Market
3
Listed
Apr 16, 2026
Description
Exceptional opportunity to own a fixer in the highly desirable City of Cerritos. Situated on a corner lot on a quiet cul-de-sac street, this 3BR, 1.75BA property offers outstanding potential for buyers looking to renovate, personalize, and create value. The swimming pool and patio with a firepit add the outdoor appeal and fun. Award winning ABC Unified School District. Convenient location to shopping, dining, parks, and everyday amenities. Easy access to the 91, 605, and 5 freeways. A great chance to reimagine a home in a sought-after neighborhood!
Location
Cerritos, Los Angeles County, CA 90703
Open on Google Maps ↗Listed by: Miranda Zhang · Home & Thrive Real Estate Inc.
Payment estimate
$5,753
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $78,500 · Loan: $706,500
- Principal & Interest
- $4,341
- Property tax (1.25%)
- $818
- Homeowners insurance
- $300
- Mortgage insurance
- $294
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 $27,475 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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