Cerritos, CA
Commercial Real Estate Market Trends & Data

$906 Avg asking sale price
$1,003 Avg asking lease rate
24,201 SF Avg unit lease size
24,593 SF Avg building size for sale
4.23% Average cap rate

Cerritos's Demographic Profile

Cerritos has 14,758 households and a median income of $120,148, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 46,112
# Households 14,758
Median age 47
Median household income $120,148
Avg household size 3.0
Renter-occupied housing units 3,488
5-year population change -4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Cerritos, CA

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Cerritos $588 39,654 SF 3.19%
Norwalk $430 37,584 SF 6.70%
Lakewood $718 41,921 SF 6.93%
Nearby Retail Markets Avg Cost/SF Typical Size
Cerritos $1,345 5,560 SF
Artesia $650 5,000 SF
La Palma $1,134 9,700 SF
Hawaiian Gardens $430 6,950 SF
Norwalk $443 10,570 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Cerritos $593 14,233 SF 5.81%
Norwalk $381 13,002 SF 5.97%
Lakewood $414 13,191 SF 6.40%
Buena Park $422 17,487 SF 5.59%
Bellflower $371 17,537 SF 6.40%

Commercial Properties For Sale in Cerritos

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

6485 Descanso Ave

Buena Park, CA 90620

  • 103,899 SF Industrial Building
  • $30,500,000
For Sale

18120 Studebaker Rd

Cerritos, CA 90703

  • 1,354 SF Retail Building
  • 3.19% Cap Rate
  • $3,200,000
For Sale

Ramona Park Apartments

Bellflower, CA 90706

  • 11,426 SF Multifamily
  • 5.81% Cap Rate
  • $3,750,000
For Sale

15125 Marquardt Ave

Santa Fe Springs, CA 90670

  • 70,084 SF Industrial Building
  • $15,500,000
For Sale

14632 Gracebee Ave

Norwalk, CA 90650

  • 0.08 AC Lot
  • 1 Residential Income Lot
  • $12,100
For Sale

14622 Painter Ave

Norwalk, CA 90650

  • 0.04 AC Lot
  • 1 Residential Income Lot
  • $2,500

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Cerritos pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Cerritos $906 24,593 SF
Artesia $1,213 9,340 SF
La Palma $508 46,832 SF
Hawaiian Gardens $592 4,730 SF
Norwalk $503 25,147 SF

Regional Demographic Comparison

This comparison places Cerritos alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Cerritos or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Cerritos 46,112 14,758 47 $120,148 3 3,488 -4%
Artesia 15,421 4,288 42 $85,703 3 2,053 -4%
La Palma 14,773 4,758 44 $116,143 3 1,452 -3%
Hawaiian Gardens 13,124 3,447 35 $67,545 4 2,002 -4%
Norwalk 94,868 25,450 38 $86,325 4 9,072 -4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Cerritos, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Cerritos

View All Commercial Real Estate For Sale in Cerritos
Is Cerritos a good market for a first-time commercial real estate investor?

Cerritos offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Cerritos?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Cerritos. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Cerritos?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Cerritos. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Cerritos compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Cerritos. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Cerritos acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Cerritos, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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