Property profile

19112 Gridley Rd Cerritos, CA 90703

FOR SALE
Office buildings
Property ID
US09-6412766
14,442 SF 0.97 ac lot Built 2013
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 14,720 square foot modern office building situated on a nearly one-acre lot in Cerritos, CA's vibrant commercial district. Completed in 2014, the property enjoys a highly desirable location, within walking distance of the Los Cerritos Shopping Center, Starbucks, Target, and numerous other popular retail establishments. Its convenient plaza location also offers immediate proximity to 85В°C Bakery CafГ©, Gen Korean BBQ, Jollibee, and a variety of other restaurants and shops, ensuring high foot traffic and visibility. The building features ample parking and provides 24-hour access for maximum tenant and client convenience. Low management and maintenance costs have contributed to consistently high occupancy rates since its completion, resulting in a strong return on investment exceeding 7.5%. Approximately 3,500 square feet on the ground floor is currently utilized by the seller, offering immediate use for a new buyer or the possibility of a lease-back arrangement post-closing. This presents a rare chance to acquire a thriving commercial property with significant potential for growth and income generation in a prime Cerritos location. The property's strong performance history and strategic location make it an attractive investment for discerning buyers seeking a stable and profitable asset.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2013
Construction TILT-UP CONCRETE
Total area 14,442 SF
Lot 0.97 ac (42,333 SF)
Zoning code CECR
APN 7039-021-037
UPID US09-6412766

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

19112 Gridley Rd Cerritos, CA 90703
Cerritos metro Census 554522 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.18M
Comparable Approach Comparable
$5.36M
Blend (final) Blend
$5.89M

Owner & transaction history

since 2025
Last sale
$6.5M
7 recorded transactions
2025
$6.5M
2025
Price N/A
2023
Price N/A
2020
Price N/A
2018
Price N/A
2018
Price N/A
2011
$960,000

Zoning & alternative use

CECR · Cerritos, CA
Top alternative use upside
Restaurant $9.4M +45.2%
Neighborhood: shopping center $8.8M +35.7%
Auto repair, garage $6.7M +3.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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