19112 Gridley Road , Cerritos, CA 90703
Cerritos, CA 90703
Description
Discover an exceptional investment opportunity in the heart of Cerritos’ bustling commercial district! This modern office building, completed in 2014, sits on nearly one acre and offers easy access to top amenities. Enjoy a short walk to the Los Cerritos Shopping Center, Starbucks, Target, and other popular chain stores. it is located in the same plaza with 85°C Bakery Café, Gen Korean BBQ, Jollibee Chicken, and many other popular restaurants and stores. The property boasts ample parking and 24-hour access, making it convenient for tenants and clients alike. With low management and maintenance costs, this building has maintained high occupancy rates since completion, yielding over 7.5% returns. Current seller uses around 3500 sf on the first floor which the new buyer may can use immediately or seller lease back upon closing. Don’t miss out on this rare chance to invest in a thriving location with endless potential!
Details
| Mls | OC24203919 |
|---|---|
| Listing Type | For Sale |
| Style | Other Business Opportunity |
| Subtype | Resale |
| Status | Active |
| Year | 2013 |
| Days On Site | 63 |
| Listing Provided By | Universal Elite Inc. 949-379-6713 | Danny Yao |
Features
| Sq Feet | 14,720 |
|---|---|
| Storys | 2 |
| Acreage | 0.97 |
Market Activity 90703
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Cerritos |
| Zip Code | 90703 |
| Area | 699 Not Defined |
| Listing VS Median (in 90703) | |
Price: $6,500,000 low | high Med: $1,060,000 SqFt: 14,720 low | high Med: 1,491 $ / SqFt: $442 low | high Med: $711 On Site: 63 low | high Med: 33.000000 | |