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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 FEATURES

Electric: Electricity - On Property Water Source: Public
Security Features: 24 Hour Security,Fire and Smoke Detection System,Fire Rated Drywall,Fire Sprinkler System,Security System,Smoke Detector(s)
Lot Features: 0-1 Unit/Acre,Flag Lot,Rectangular Lot,Sprinkler System Fencing: None
Land Use: Office,Retail Current Use: Commercial Building Features : Elevators Investment Property Industrial Type: Warehouse/Office Parcel Identification Number: 7039021037 Occupancy: Occupied
Cooling: Has Cooling Heating: Has Heating Heating Type: Central Cooling Type: Central Air
Construction: Stucco Year Built Source: Assessor
Laundry Features: None Laundry: Has Laundry
MLSAreaMajor: 699 - Not Defined

PROPERTY DETAILS

Street Address: 19112 Gridley Road
City: Cerritos
State: California
Postal Code: 90703
County: Los Angeles
MLS Number: OC24203919
Year Built: 2013
Courtesy of Universal Elite Inc.

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