19112 Gridley RD Active Save Request In-Person Tour Request Virtual Tour
Cerritos,CA 90703
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24203919
Year Built 2013
Lot Size 0.972 Acres
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
Interior
Heating Central
Cooling Central Air
Laundry None
Exterior
Fence None
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
Building
Lot Description 0-1 Unit/Acre,Flag Lot,Rectangular Lot,Sprinkler System
Story 2
Water Public
Others
Acceptable Financing Cash to Existing Loan
Listing Terms Cash to Existing Loan
Special Listing Condition Standard