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Property profile & analytics
FOR SALE
Industrial properties

18 Centerpointe Dr La Palma, CA 90623

35,004 SF 2.44 ac lot Built 1985
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US10-2157473
Property summary
AI-generated overview

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 profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1985
Total area 35,004 SF
Lot 2.44 ac (106,151 SF)
APN 276-081-42
UPID US10-2157473
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.30M
Comparable Approach Comparable
$4.14M
Blend (final) Blend
$6.87M
Owner & transaction history
73 Lpcp18 Owner LLC · 8 yrs held
73 Lpcp18 Owner LLC
since 2017
4 recorded transactions
2017
Price N/A
2017
$8.3M
2008
$105.4M
1993
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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