$1,550,000
SOLD JUL 18, 2025

7232 Cerritos Ave Stanton, CA 90680

0.5 Acre
$3,076,618 Price per Acre
21,946 Sq Ft Lot

Recently Sold

$1,918 Per Sq Ft

29% Above List Price

23 Days on Market

Highlights

  • City Lights View
  • 0.5 Acre Lot
  • No HOA

About This Lot

As of July 2025

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. Please do not disturb any of the current tenants, but feel free to reach out to the listing brokerage team with any questions you may have. Priced to sell.

Last Agent to Sell the Property

Steven Jones

Olympia Capital Corporation Brokerage Phone: 714-813-0752 License #01153594 Listed on: 05/28/2025

Last Buyer's Agent

Steven Jones

Olympia Capital Corporation Brokerage Phone: 714-813-0752 License #01153594 Listed on: 05/28/2025

Property Details

Property Type

  • Land

Lot Details

  • 0.5 Acre Lot
  • Density is 11-15 Units/Acre

Property Views

  • City Lights Views

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 07931319
  • $728 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: R
  • Property Type: Land
  • Parcel Number: 07931319
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 70.62

Exterior Features

  • View: City Lights

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 21947.00
  • Lot Size Acres: 0.5038

Multi Family

  • Lot Size Area: 21947.0000 Square Feet

Tax Info

  • Tax Census Tract: 878.01
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 728.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2025
Sold by
Stanton Oc Llc
Bought by
Ace Properties Usa Llc
Current Estimated Value
$1,250,620

Purchase Details

Closed on
Mar 24, 2009
Sold by
Swaim Samuel D and Swaim Sandra
Bought by
Swaim Samuel D and Swaim Sandra
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2025 07/18/25 Sold $1,550,000 0.0% $1,918 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/03/2025 06/03/25 Off Market $1,550,000 -- --
06/03/2025 06/03/25 For Sale $1,200,000 -22.6% $1,485 / Sq Ft
06/02/2025 06/02/25 Off Market $1,550,000 -- --
05/28/2025 05/28/25 For Sale $1,200,000 -- $1,485 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,183 $133,225 $121,066 $12,159
2024 $2,183 $130,613 $118,692 $11,921
2023 $2,128 $128,052 $116,364 $11,688
2022 $2,086 $125,542 $114,083 $11,459
2021 $2,095 $123,081 $111,846 $11,235
2020 $2,066 $121,819 $110,699 $11,120
2019 $2,022 $119,431 $108,529 $10,902
2018 $1,993 $117,090 $106,401 $10,689
2017 $1,935 $114,795 $104,315 $10,480
2016 $1,960 $112,545 $102,270 $10,275
2015 $1,938 $110,855 $100,734 $10,121
2014 $1,864 $108,684 $98,761 $9,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25118519

California Regional Multiple Listing Service (CRMLS)

APN: 079-313-19