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Levon Arzumanyan

levon.a@theagencyre.com +1(213) 414-8088

$ 6,500,000

Est. payment -/mo

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Active

19112 Gridley RD Cerritos, CA 90703

14,720 SqFt

UPDATED:

10/02/2024 12:59 AM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 14,720 sqft

Price per Sqft $441

MLS Listing ID OC24203919

HOA Y/N No

Year Built 2013

Lot Size 0.972 Acres

Acres 0.9721

Property 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!

Location

State CA

County Los Angeles

Area 699 - Not Defined

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Fence None

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Present Use Commercial

Building

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

Story 2

Water Public

Others

Tax ID 7039021037

Security Features Security System,Fire Detection System,Fire Rated Drywall,Fire Sprinkler System,24 Hour Security,Smoke Detector(s)

Acceptable Financing Cash to Existing Loan

Listing Terms Cash to Existing Loan

Special Listing Condition Standard

Listed by Danny Yao • Universal Elite Inc. • danny6000@gmail.com

Levon Arzumanyan

Director, Estates Division | License ID: 01836944

+1(213) 414-8088

Levon Arzumanyan

19112 Gridley RD Cerritos, CA 90703

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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19112 Gridley RD