19112 Gridley Road, Cerritos, CA 90703
  • MLS#: OC24203919 ( Business )
  • Street Address: 19112 Gridley Road
  • Viewed: 1
  • Price: $6,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2013
  • Bldg sqft: 0
  • Days On Market: 45
  • Additional Information
  • County: LOS ANGELES
  • City: Cerritos
  • Zipcode: 90703
  • Provided by: Universal Elite Inc.
  • Contact: Danny Danny
  • California Regional MLS IDX
  • DMCA Notice
  • 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 85C Bakery Caf, 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. Dont miss out on this rare chance to invest in a thriving location with endless potential!
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Features
Assetclass
  1. Office
Building Area Total
  1. 14720.00
Building Features
  1. Elevators
Commoninterest
  1. None
Construction Materials
  1. Stucco
Cooling
  1. Central Air
Country
  1. US
Current Financing
  1. Conventional
Current Use
  1. Commercial
Current Use Comments
  1. tenants and owner occupied
Electric
  1. Electricity - On Property
Electric Expense
  1. 25481.14
Expense Year
  1. 2023
Fencing
  1. None
Heating
  1. Central
Industrialtype
  1. Warehouse/Office
Insurance Expense
  1. 8216.00
Land Use
  1. Office
  2. Retail
Laundry Features
  1. None
Otherexpense
  1. 52072.00
Parcel Number
  1. 7039021037
Property Type
  1. Business
Security Features
  1. 24 Hour Security
  2. Fire and Smoke Detection System
  3. Fire Rated Drywall
  4. Fire Sprinkler System
  5. Security System
  6. Smoke Detector(s)
Totalexpenses
  1. 61461.52
Trash Expense
  1. 3202.68
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Connected
  5. Sewer Connected
  6. Water Connected
Water Sewer Expense
  1. 3638.72
Water Source
  1. Public
Year Built
  1. 2013
Year Built Source
  1. Assessor