18 Centerpointe Dr La Palma, CA 90623
- Industrial properties
- 35,004 SF
- 2.44 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 18 Centerpointe Dr
- Year built
- 1985
- Lot size
- 2.44 lot acres
- Property size
- 35,004 SF
- Property type
- Industrial properties
- APN
- 276-081-42
- APU
- 27608142
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Palma
- County
- Orange
- State
- California
- Longitude
- -118.031
- Latitude
- 33.8622
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
