Building Details

Year Built 2024

Listed By: Shaun Mccullough Show Phone

Added: Jan 10, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This Class A medical office building, completed in 2024, offers approximately 31,585 square feet of space across two stories. Located at 5255 Katella Avenue in Cypress, CA 90720, the property is situated within a Planned Business Park (PBP) zone. It provides ample free surface parking at a ratio of 5 spaces per 1,000 square feet. The building is suitable for various medical and office uses. The location offers convenient access to Cypress College and the Cypress Shopping Center. Its location also provides easy access to Los Angeles and Long Beach. The property is zoned for residential offices, medical offices, and mixed-use purposes.

Property Analytics

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Current Use

Residential offices

Suggested Use

Top Pick Real Estate Agency Law Firm Storage Facility Grocery & Convenience Store Food Market Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,748

Businesses Nearby

Explore this area Business Placement

Demographics for 90720, CA

22,955

Population

8,675

Households

2.6

Avg Household Size

43

Median Age

52%

College-Educated

96%

High-School Grad

6.1 sq mi

ZIP Area

3,763

Density / Sq Mi

$134,232

Median Household Income

$63,406

Median Earnings

$2,370

Median Rent

$1,166,200

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Residential office - 2 Story Medical Office Building

Where is this residential office located?

The property is located at 5255 Katella Avenue Cypress CA 90720 Cypress, CA.