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17409 Marquardt Ave 5,989 SF Vacant Office Building Cerritos, CA 90703 $2,600,000 ($434.13/SF)
Investment Highlights
- Large parking lot
- Office
- Multi tenant base
Executive Summary
FOR SALE | PRIME OFFICE INVESTMENT OPPORTUNITY – CERRITOS, CA
Exceptional opportunity to acquire a 5,989 SF office building situated on a spacious 22,000 SF lot in the highly desirable Cerritos market. This well-located asset offers ample on-site parking and a flexible multi-tenant layout, making it ideal for both investors and owner-users.
The property is currently configured with multiple tenants, all on month-to-month leases, providing immediate income with the flexibility to reposition, increase rents, or occupy all or part of the building.
Strategically positioned in a strong commercial corridor, the property benefits from excellent accessibility, surrounding amenities, and continued growth in the Cerritos area.
Property Highlights:
5,989 SF Office Building
22,000 SF Lot
Multi-Tenant Configuration
Month-to-Month Tenancies (Value-Add Potential)
Ample Parking
Prime Cerritos Location
Exceptional opportunity to acquire a 5,989 SF office building situated on a spacious 22,000 SF lot in the highly desirable Cerritos market. This well-located asset offers ample on-site parking and a flexible multi-tenant layout, making it ideal for both investors and owner-users.
The property is currently configured with multiple tenants, all on month-to-month leases, providing immediate income with the flexibility to reposition, increase rents, or occupy all or part of the building.
Strategically positioned in a strong commercial corridor, the property benefits from excellent accessibility, surrounding amenities, and continued growth in the Cerritos area.
Property Highlights:
5,989 SF Office Building
22,000 SF Lot
Multi-Tenant Configuration
Month-to-Month Tenancies (Value-Add Potential)
Ample Parking
Prime Cerritos Location
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,989 SF
Building Class
C
Year Built
1981
Price
$2,600,000
Price Per SF
$434.13
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,989 SF
Slab To Slab
9’
Building FAR
0.27
Lot Size
0.51 AC
Zoning
COP
Parking
24 Spaces (4.01 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 7022-005-033 | Improvements Assessment | $640,583 |
| Land Assessment | $896,818 | Total Assessment | $1,537,401 |
Property Taxes
Parcel Number
7022-005-033
Land Assessment
$896,818
Improvements Assessment
$640,583
Total Assessment
$1,537,401
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17409 Marquardt Ave
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