19112 Gridley Road
Cerritos, CA 90703
0.97 acres | #OC24203919
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!
Property Details
- Lot DescriptionZeroToOneUnitAcre, FlagLot, RectangularLot, SprinklerSystem
- Stories2
Measurements
- Acres0.9721
Construction Details
- Property TypePurchase
Condition
- Year Built2013
Utilities / Energy Details
- Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$6,500,000
Other
- MLS #OC24203919
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Danny Yao (#OCYAOHONG)
Listing Office: Universal Elite Inc. (#OC12805)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
