17316 Edwards RdCerritos, CA 90703

Property Details for 17316 Edwards Rd

Year built

1983

Lot size

2.64 AC

Property size (Sq ft)

35,412 SF

Zone code

CEM

Property type

Office buildings

APN

7003-004-026

APU

7003004026

Description

This exceptional Cerritos office building, located in the desirable Cerritos submarket cluster of Los Angeles County, presents a unique investment opportunity. The property boasts a total of 31,270 square feet, encompassing five individual suites, ideal for a variety of business needs. Currently, 5,054 square feet are available for lease, with suite sizes ranging from 540 to 1,673 square feet, offering flexibility for both small and expanding businesses. The building provides a professional and convenient work environment, featuring customizable suites, some with stunning mountain views. Tenants enjoy convenient amenities such as after-hours keypad access, on-site mail delivery and FedEx boxes, and individual signage for enhanced visibility. While the listing does not specify the number of parking spaces, the property is situated in a prime location within the Cerritos Office Park, offering easy access and high visibility. This is an excellent opportunity to acquire a well-maintained office building in a thriving Los Angeles County submarket. The building's adaptable space and convenient amenities make it an attractive option for a diverse range of businesses seeking a professional and efficient workspace. The available space presents a chance to establish a strong presence in a sought-after location. Contact us today to learn more about this exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $8,234,526

  6.5%

  $7,601,100

  7%

  $7,058,164

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,113,904

  Geo Method

  $6,876,656

• Alternative Use

  Use

  Valuation

  Residential

  $9,425,365

  Hospitality

  $8,633,583

  Educational

  $7,183,040

  Medical

  $7,430,076

  Retail

  $11,173,618

Location Insight

City

Cerritos

County

Los Angeles

State

California

Latitude

33.874

Longitude

-118.034

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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