Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

18331 Gridley Rd Cerritos, CA 90703

FOR LEASE
Office buildings
Property ID
US09-6457089
21,706 SF 0.82 ac lot Built 1980
Last sale Dec 1991 · $879,500
Individually Owned Owner of record is an individual. 34-yr Hold Held for 34 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional office property, located in Cerritos, CA, offers 9,354 square feet of versatile space across two two-story buildings. Six individual office units are currently available, ranging from 734 to 1,979 square feet, perfect for a variety of businesses. The property boasts a Class B rating, was built in 1981, and features ample parking with 110 spaces on-site. Conveniently located near the intersection of major freeways (5, 605, and 91), this location provides easy access to both…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$24k
Tax billed · 2024
Assessed value$1.70M
Assessed land$39k
Assessed improvement$1.66M
Effective rate1.40%

Value estimate

· Oct 2026
$3.80M
$3.42M – $4.17M
Submarket $/SF estimate$5.20M
NOI build-up
Gross scheduled income$359k
Vacancy & credit loss−$87k
Operating expenses−$68k
NOI · 873,807.69% cap applied$204k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$449/SF
County average, outlier-cleaned · 2758 recorded sales of this use type
Observed band · Q1–Q3$239 – $740
Qualifying comparables3

Cap rate analysis

How does the asset earn?
873,807.69%
$204k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CECR
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store16.5
Parking Facility14.1
Gym & Fitness13.5

Location

18331 Gridley Rd Cerritos, CA 90703
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17707 Studebaker, Cerritos, CA 90703-2640 $5,850,000 Sep 2024 29,172 SF
18115 Vly Vw, Cerritos, CA 90703-7010 $6,925,069 Jul 2021 19,904 SF
17150 Norwalk Blvd, Cerritos, CA 90703-2751 $912,509 May 2019 1,310 SF
13738 Artesia, Cerritos, CA 90703-8804 $1,250,000 Apr 2019 4,092 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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
Why this one?
Saved
Reason not saved — we won't ask again