Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    18 Centerpointe Dr La Palma, CA 90623

    Sponsored
    For Sale
    $14,345,000

    Prime Orange County Office, Vacant, 54,129 SF

    Property size:
    54,129 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 54,129 square foot, single-tenant office building presents a rare owner-user opportunity in La Palma, California. Located at 18 Centerpointe Drive, this Class B, 1986-built property sits on 2.45 acres and offers convenient surface parking. Its freeway-adjacent location provides excellent access to SR-91, I-5, and I-605, as well as Long Beach International Airport and Metrolink stations. The building boasts a high-image campus environment with lush landscaping and recently upgraded common areas, including an association lounge. Currently configured as office space, the property features three ground-level doors that could be easily converted to create flex space, potentially adding warehouse functionality. Alternatively, the existing layout can be maintained, or the ground-level doors could be replaced with storefronts or roll-up doors to enhance natural light. The asking price is $14,345,000, translating to $265.02 per square foot. This represents a unique investment in a strong Orange County market with limited office availability and high growth potential, situated near the Cerritos Towne Centre and Buena Park Entertainment Zone. The property is currently vacant.

    Property Features for 18 Centerpointe Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    54,129 SF
    Class
    B
    Lot Size
    106,722 SF

    Building Details

    Year Built
    1986
    Buildings
    1

    HighLights

    • 54,129 SF single‑tenant office building in La Palma, CA, owner‑user opportunity.
    • Strong Orange County market fundamentals; low vacancy rates (6.9% YTD4Q23) and no new construction.
    • Excellent freeway access (SR‑91, I‑5, I‑605), proximity to Long Beach Airport and Metrolink.
    • Desirable location near Cerritos Towne Centre and Buena Park Entertainment Zone (Knott's Berry Farm).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Palma
    County
    Orange
    State
    California
    Longitude
    -118.0313252
    Latitude
    33.8621573

    Nearby Comparable

    • $17,199,000
      56,175 SF

      La Palma Office Building: $17.2M

      1-Story Office, 56,175 SF, 100% Occupancy
      20 Centerpointe Dr, La Palma, CA 90623
      View Details
    • Contact for pricing
      78,980 SF

      La Palma Industrial/Office Property

      78,980 SF industrial/office building with 2-story office space.
      14 Centerpointe Dr, La Palma, CA 90623
      View Details
    • $6,242,000
      22,682 SF

      Centerpointe Drive Manufacturing Facility

      Single-tenant, NNN lease, strong ROI.
      24 Centerpointe Dr, La Palma, CA 90623
      View Details
    • $7,108,000
      22,271 SF

      La Palma Office Building Investment

      100% Occupied, High-Cash Flow Office
      26 Centerpointe Dr, La Palma, CA 90623
      View Details
    • Contact for pricing
      10,500 SF

      Turnkey Medical Office in Cerritos

      10,500 SF medical office space for sale in Cerritos.
      13330 South St, Cerritos, CA 90703
      View Details
    • $12,400,000
      42,794 SF

      Retail Building For Sale

      Multi-tenant retail building with 42,794 square feet available.
      17500-17510 Carmenita Rd, Cerritos, CA 90703
      View Details
    • $929,000
      1,802 SF

      Upgraded Townhome in Gated Community

      Built in 2022, upgraded 4 bed, 3.5 bath townhome.
      6921 Cottonwood Ln, Buena Park, CA 90621
      View Details
    • Contact for pricing
      28,250 SF

      Industrial Space with Loading Docks

      Industrial property featuring loading docks and ample parking.
      16808 Marquardt Ave, Cerritos, CA 90703
      View Details
    • $10,100,000

      Buena Park Specialty Property

      Specialty property available for sale in Buena Park, CA.
      7051 9Th St, Buena Park, CA 90621
      View Details
    • $225,000

      Charming Mobile Home in Buena Park

      3 bed, 2 bath end unit in all-age community.
      7142 Orangethorpe Ave, Buena Park, CA 90621
      View Details
    • $5,800,000
      17,250 SF

      Industrial Building with Office/Showroom

      Free-standing industrial building in Cerritos with excellent freeway access.
      14103 Arbor Pl, Cerritos, CA 90703
      View Details
    • $35,000

      Established Barber Shop For Sale

      Barber shop with 18 years of consistent ownership.
      4943 La Palma Ave, La Palma, CA 90623
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      78,980 SF

      La Palma Industrial/Office Property

      78,980 SF industrial/office building with 2-story office space.
      14 Centerpointe Dr, La Palma, CA 90623
      View Details
    • $35,000

      Established Barber Shop For Sale

      Barber shop with 18 years of consistent ownership.
      4943 La Palma Ave, La Palma, CA 90623
      View Details
    • $17,199,000
      56,175 SF

      La Palma Office Building: $17.2M

      1-Story Office, 56,175 SF, 100% Occupancy
      20 Centerpointe Dr, La Palma, CA 90623
      View Details
    • $6,242,000
      22,682 SF

      Centerpointe Drive Manufacturing Facility

      Single-tenant, NNN lease, strong ROI.
      24 Centerpointe Dr, La Palma, CA 90623
      View Details
    • $7,108,000
      22,271 SF

      La Palma Office Building Investment

      100% Occupied, High-Cash Flow Office
      26 Centerpointe Dr, La Palma, CA 90623
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Orange County Office, Vacant, 54,129 SF
    Where is this office property / space located?
    The property is located at 18 Centerpointe Dr La Palma, CA.
    What is the asking price?
    The asking price for this property is $14,345,000.
    What are key features of this property?
    This property features: 54,129 SF single-tenant office building in La Palma, CA, owner-user opportunity.; Strong Orange County market fundamentals; low vacancy rates (6.9% YTD4Q23) and no new construction.; Excellent freeway access (SR-91, I-5, I-605), proximity to Long Beach Airport and Metrolink.
    Request Owner's contact information
    18 Centerpointe Dr La Palma, CA 90623
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18 Centerpointe Dr
    La Palma, CA 90623
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18 Centerpointe Dr La Palma, CA 90623
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.