Cerritos, CA 90703,16510 Bloomfield AVE
Cerritos, CA 90703,16510 Bloomfield AVE
Cerritos, CA 90703,16510 Bloomfield AVE
10
$6,000,000
$6,398,000
6.2%
Est.Price: ?

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11,628 SqFt

16510 Bloomfield AVE Cerritos, CA 90703

Est. payment /mo
SOLD DATE : 12/16/2021

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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 Sub-Type Office

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

Interior

Laundry None

Building

Lot Description 2-5 Units/Acre

Water Public

Others

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 1.5

TERMS Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS Please call listing agent at 714-335-9048 for access.

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CRMLS Plus
Listed by Century 21 Discovery
Bought with Century 21 Discovery
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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