For Sale
$14,345,000

18 Centerpointe DrLa Palma, CA 90623

Prime Orange County Office, Vacant, 54,129 SF

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

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 Details for 18 Centerpointe Dr

Property type
Office properties
Square Feet
54,129 SF
Class
B
Year Built
1986
Buildings
1
Lot Size (sq. ft)
106,722 SF

Location Insight

City
La Palma
County
Orange
State
California
Latitude
33.8621573
Longitude
-118.0313252
18 Centerpointe Dr, La Palma, California

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18 Centerpointe Dr
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