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 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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California Regional MLS (CRMLS)
Listed by Jigar Shah • Century 21 Discovery
Bought with Jigar Shah • Century 21 Discovery

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Andy Cleaves

Broker Associate | License ID: 01383386

+1(951) 732-7122

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