18 Centerpointe DrLa Palma, CA 90623

Property Details for 18 Centerpointe Dr

Year built

1985

Lot size

2.44 AC

Property size (Sq ft)

35,004 SF

Property type

Industrial properties

Property subtype

Other 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.

• Alternative Use

  Use

  Valuation

  Residential

  $11,392,185

  Hospitality

  $10,435,180

  Educational

  $8,681,947

  Medical

  $8,980,533

  Retail

  $13,505,251

Location Insight

City

La Palma

County

Orange

State

California

Latitude

33.8622

Longitude

-118.031

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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