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Key Details
Sold Price $6,000,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 11,628 sqft
Price per Sqft $515
MLS Listing ID PW21203466
Sold Date 12/16/21
HOA Y/N No
Year Built 1986
Lot Size 0.646 Acres
Acres 0.6462
Property Description
IT is one of the finest free standing building with ample of parking used by Tenants for their medical use. It has been leased to one of the largest Medical Group with full NNN. Current Lease is good for another 8 years and tenants have 2 options of 5 years each.
Current NOI is about $ 347,800 offering about 5.5% CAP rate at Asking price.
Location
State CA
County Los Angeles
Area Rb - Cerritos South Of 91 Frwy, E Of Norwalk
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description Item25UnitsAcre
Water Public
Others
Tax ID 7010016048
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing Cash
Special Listing Condition Standard
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Bought with Jigar Shah • Century 21 Discovery
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