17500 Carmenita Rd, Cerritos, CA 90703
42,568 SF shopping center in Los Angeles/Orange County metro area.
- Added:
- Feb 5, 2026
- Days on Market:
- 142
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 17500 Carmenita Rd
General Information
- Standard status
- Active
- Size
- 42,568 SF
- Lot size
- 3.80 Acres
- Property subtype
- Retail
Listing office Miguel Aguilo Real Estate (310) 316-1014
Listing date Feb 5, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Miguel Aguilo Real Estate
HighLights
- Value‑Add Upside: Recapture and re‑lease 26,676 SF at market rents to significantly increase revenue.
- Attractive Infill Retail Location: Situated in a supply‑constrained, high‑income trade area within the Los Angeles/Orange County metro area.
- Stable In‑Place Cash Flow: Supported by daily‑needs tenancy, providing immediate returns.
- Strong Demographics: Above‑average household incomes and employment density in the surrounding area.
- Long‑Term Land Value: Supported by a 3.8‑acre parcel in a core Los Angeles submarket.
- NNN Expense Structure: Full recovery of operating costs.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.44M | $33.84 |
| − Vacancy | −$95.1k | −$2.23 |
| EGI | $1.35M | $31.61 |
| − OpEx | −$403.6k | −$9.48 |
| NOI | $941.8k | $22.12 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Cerritos Towne Center — 12731 Towne Center Dr, Cerritos, CA 90703
- Olea Kiosks, Inc. — 13845 Artesia Blvd, Cerritos, CA 90703
Location Insight
- Map
- Local Demand
- City
- Cerritos
- County
- Los Angeles
- State
- California
- Longitude
- -118.0452153
- Latitude
- 33.8724867
