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7232 W Cerritos Avenue, Stanton, CA 90680

Single-family home

7232 W Cerritos Avenue, Stanton, CA 90680 Sold July 2025 CRMLS
$1,550,000Sold July 2025

Listing Agent: Steven Jones (DRE #01153594) · Listing Office: Olympia Capital Corporation · Contact: 714-813-0752 · Bought with: Steven Jones · Olympia Capital Corporation · MLS #PW25114708 · Source: CRMLS

21,974 sqft
Lot Size
1936
Year Built
Single-family home
Type
1
Stories
0
Garage

About this single-family home

This listing includes both 7232 W Cerritos Avenue and 10531 Lowden Street in Stanton. The total land area for the two contiguous parcels is approximately 21,947 square feet, or .50-acres. According to the OC Tax Assessors office, there are two residential units situated on each lot, for a total of four units. In reality, there are a total of seven existing units on the site, including six currently occupied units and one vacant unit. The current rents are substantially below market and could likely be significantly raised after renovations or at least slightly raised even without any renovations. This offering is a great opportunity for an investor, ADU builder, land speculator, or a developer. There may be redevelopment potential for up to 12 newly constructed units by submitting a development application under California Density Bonus Law. Priced to sell.

Listing description from the July 2025 sale, as reported to CRMLS.

Sale history

$1,550,000
Sold July 2025 · listed $1,200,000, on market May 2025 · MLS #PW25114708 · Source: CRMLS
Listing Agent: Steven Jones · Listing Office: Olympia Capital Corporation · Contact: 714-813-0752 · Bought with: Steven Jones · Olympia Capital Corporation
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