$489,900
●
House -
Off Market
16627 Eric Avenue
Cerritos, CA 90703
3 Beds
3 Baths
991 Ft²
$729,174
RealtyHop Estimate
48.84%
Since Aug 1, 2018
CA-Los Angeles
Primary Model
About This Property
You'll love this immaculate 2 story home with 3 bedrooms, 2-1/2
baths located in a quiet cul-de-sac. Double pane windows fill the
open space with plenty of natural sunlight, beautiful tile floors
cover the first floor of the living room and 1/2 bathroom. Kitchen
draws your attention to the granite counter tops, stainless steel
microwave, stove, dishwasher and oak cupboards. Upstairs: 3
spacious bedrooms, 2 full bathrooms, 1 in the master bedroom. 2-car
garage: Tank-less water heater and laundry hook-ups. Private patio
backyard comes with storage shed, Forced heating and central air.
This home is conveniently located in a friendly community with an
Award Winning School District and walking distance to shopping
centers, eateries, parks and much more.
Unit Size
991 Ft²
Days on Market
42 days
Land Size
0.04 acres
Price per sqft
$494
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #RS18121380)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 2, 2025 | Listed by eXp Realty of Southern Calif | $679,900 | |
| Listed by eXp Realty of Southern Calif | |||
| | |||
|
Remodeled Cerritos Home!
Built in 2008 and stunningly remodeled in 2023, this 3-bedroom, 3-bathroom Cerritos home combines modern upgrades with a practical layout. Offering nearly 1,000 sq ft of living space, the property features a bright interior with new flooring throughout. The beautifully redesigned kitchen includes stone countertops, sleek cabinetry, and stainless-steel appliances. Each bathroom has been updated with contemporary finishes, creating a fresh, move-in ready atmosphere.
Additional upgrades include a tankless water heater, garage door, and much more — enhancing both convenience and peace of mind. The open layout allows for comfortable everyday living as well as easy entertaining. Outdoors, enjoy a private patio that extends the living space for dining or relaxing.
Ideally located near Cerritos College, shopping, dining, and major freeways, this residence offers the perfect blend of style, comfort, and accessibility — a turnkey opportunity in one of Cerritos’ most convenient neighborhoods.
| |||
| Aug 10, 2018 | No longer available | - | |
| No longer available | |||
| Jul 3, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Listed | $489,900 | |
| Listed | |||
| | |||
|
You'll love this immaculate 2 story home with 3 bedrooms, 2-1/2 baths located in a quiet cul-de-sac. Double pane windows fill the open space with plenty of natural sunlight, beautiful tile floors cover the first floor of the living room and 1/2 bathroom. Kitchen draws your attention to the granite counter tops, stainless steel microwave, stove, dishwasher and oak cupboards. Upstairs: 3 spacious bedrooms, 2 full bathrooms, 1 in the master bedroom. 2-car garage: Tank-less water heater and laundry hook-ups. Private patio backyard comes with storage shed, Forced heating and central air. This home is conveniently located in a friendly community with an Award Winning School District and walking distance to shopping centers, eateries, parks and much more. The manager has listed the unit size as 991 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Cerritos
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Listed by: Kathi Divney, Keller Williams Pacific Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS18121380
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS18121380
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