Active

19112 Gridley Road

Cerritos CA, 90703

$6,500,000


$441.58 per sqft

Active

14,720 sqft

Commercial

Built in 2013

Listed by Danny Yao with Universal Elite Inc. [email protected]

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 85degC Bakery Cafe, 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!

OC24203919

MLS ID

October 1, 2024

Listed

November 22, 2024

Updated

Map

19112 Gridley Road
Cerritos CA, 90703

Interior Features

Total Stories

2


Laundry Description

None


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.97 Acres


Lot Features

0-1 Unit/Acre, Flag Lot, Rectangular Lot, Sprinkler System

Other Property Details

Area Name

699 - Not Defined


Garage

No


View

No


County

Los Angeles


Water Source

Public


Pool

No

Listing Contact: 949-379-6713 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/22/2024 at 7:04 PM UTC

 

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