The median home value in Cerritos, CA is $1,100,000.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Cerritos, CA is $1,100,000.
Approximately 79% of Cerritos homes are owned,
compared to 19% rented, while
2% are vacant.
Cerritos real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Cerritos real estate agent to arrange a tour today! Learn more about Cerritos.
We are pleased to offer a 5-unit strip center on the signalized main and main intersection of Artesia Boulevard and Pioneer Blvd in Artesia, California. This property is approximately 5,000 Square feet, constructed in 1984, and situated on 15,500 square feet of land. There are 3-units, or 60% of the property, thats currently vacant. This presents an opportunity for an owner-user to qualify for an SBA loan as an owner-occupied property. Alternatively, an investor can re-tenant the asset with a national tenant who is attracted to the high traffic counts and strong visibility. The location boasts an unparalleled combined traffic counts of over 50,000 vehicles per 2018 MPSA estimates. Being less than 500-feet from the 91 Freeway and 1-mile to the 605 Freeway, makes this location extremely commuter friendly. The immediate location is surrounded by National retailers including Chase Bank, Walgreens, Starbucks, Stater Bros and many more. Pioneer Boulevard is the main retail arterial through Artesia and the ingress and egress through the Pioneer and Artesia is convenient and easy. This quality asset and location does not come on the market very often and is a rare offering in todays market.
OWNER USER OR INVESTOR OPPORTUNITY. 2-3 UNITS COMMERCIAL BUILDINGS. Current two(2) unit 18807 Pioneer ; 1,000 sq.ft.(est. ) (Bike Shop) 18809 Pioneer : 2,000 sq.ft. (est.) (Party Supply) This property is located in a desirable area of Artesia and Cerritos. It is zoned for Neighborhood Commercial Use, which allows for a variety of Business, Ideal for Retail, Office, Medical, and Professional Services. Excellent Demographics and Traffic Count. (South & Pioneer) Ample Walkable Amenities. Dense, Affluent Residential Population. Booming Commerce Hub. Backyard-6 Car Parking, Front-Approximately 6 Car Parking plus. Easy Access to 91 & 605 Fwys. Nearby is The Los Cerritos Mall. Close to Shopping, Restaurants, and Schools. Many Potential Area and Great Option.
Introducing a prime opportunity for owner-users: a sprawling 15,208 square foot flex warehouse nestled in a highly coveted location with convenient freeway access. This versatile property boasts a strategic position, making transportation and logistics seamless for businesses. Currently generating $4,300 in revenue from a portion of the building, it presents an enticing investment prospect. With ample space both within the warehouse and on its expansive lot, this property offers versatility for various business needs and expansion opportunities. Don't miss out on the chance to secure a lucrative asset in an ideal setting.
*Asking Price of $10,737,000 ($199/sf) *Four-story 53,953-sf office building with two elevators and A-level finishes *Prominent exposure and signage on the 5 Freeway *Buyer can occupy up to 84% of the building within one year of closing escrow *Also a solid investment, priced well below replacement cost and with a year-one cap rate of 5.8%
This corner property is for sale. It includes a private parking lot with 11 parking spaces and 1 handicap space and a mezzanine upstairs to be used as a private office or storage. Current use is a restaurant business opportunity with an active 47 license that is being sold separately (see listing ID MB24036430) or may be sold together. Seller is motivated! The property is centrally located three blocks north of Carson St, off of the 605 freeway, near the Gardens Casino and the Bingo Club.
Located at 21518 Norwalk Blvd in Hawaiian Gardens this two-unit retail building offers an incredible investment opportunity. Perfect for an investor looking to add-value and develop something new. Equally perfect for an owner user looking to expand upon the business they have in the area or to use this space as a launching platform for a new endeavor. This section of Norwalk Blvd in Hawaiian Gardens has an average of +/- 26,000 cars driving by on a daily basis, which means there are plenty of eyes that will fall on this building. With a quick facelift and potentially new tenants, this building has incredible potential. The Hawaiian Gardens Casino is a short distance around the corner on Carson St and the equally well-trafficked Hawaiian Gardens Bingo Club is less than half a mile down the street on Norwalk Blvd. With a combination of prime location, the potential for new development, and a price open to negotiation this building is truly a great opportunity.
Ideal office or retail space on major boulevard. Close to Norwalk 5 Points shopping. Open office space area & 1 seperate office space Break room/conference room ADA bathroom. Front and side door entrance Enclosed garage area for storage
Developers here is your chance! 1st time on the market! Over 21,000 Sq Feet of flat useable land to build on in highly sought after Cypress in Orange County. Currently has 5 nice units on it with month to month tenants. Four 2 bedrooms and one 1 bedroom. Back unit has yard. Garages and ample parking. Close to great schools, shopping and several beautiful parks. Big opportunity. Don't hesitate or it might be too late.
Looking for an office or retail building in the heart of Norwalk? Great location and well maintained with easy access to the 5 freeway. There are a potential for a total of 6 separate units, each with their own entrance and restroom. The walls were removed over the years as the current tenants business expanded. Here is an opportunity you have been waiting for to get high visibility near historical Norwalk.
Own a piece of Cypress history. This charming and versatile property is nestled in the heart of a vibrant neighborhood surrounded by shopping, restaurants, and parks. This property is zoned for RESIDENTIAL or COMMERCIAL use and is FULL OF POTENTIAL, making it ideal for those looking for a starter home, a unique office space, or even a charming storefront.The DUAL PRIMARY BEDROOMS are generously sized and each have an attached bathroom. Inside, antique light figures, concave ceilings, and a BEAUTIFUL ARCHWAY add a touch of character and charm. The extra deep, detached garage offers ample storage space and has been divided to cleverly include a third bedroom which is currently being used as a SUDIO SPACE. Relax in your backyard that has been transformed into a GARDEN OASIS, complete with koi pond.
Investment Opportunity: Established Business Complex in Prime Location Welcome to an exceptional investment opportunity in the heart of Norwalk! This well-maintained property boasts a diverse range of businesses, providing a steady stream of income and a solid foundation for future growth. Property Highlights: Prime Location: Strategically situated in the bustling community of Norwalk, this property enjoys high visibility and easy accessibility, ensuring a steady flow of customers. Diverse Income Streams: The property features a well-known tattoo shop that has been a cornerstone of the community for over 30 years, offering stability and established clientele. Additionally, there are automotive and dry cleaning businesses, along with several other retail spaces, providing diverse revenue streams. Opportunity Awaits: Whether you're an experienced investor looking to diversify your portfolio or an entrepreneur seeking a prime location for your business venture, this property offers endless possibilities. Don't miss out on the chance to capitalize on this rare opportunity in Norwalk's thriving commercial landscape. Schedule a Viewing Today: Contact us to schedule a viewing and explore the potential of this exceptional investment opportunity. Act fast and secure your place in
This shop is a corner lot with great exposure, with a total of 1,390 sq ft building on 2,743 square feet of land right off of Imperial Hwy and Leffingwell Rd. The building contains a shop area with 2 bays, office space, 1 restroom, and a parking lot. Nearby three major freeways, Interstate 5, 605, and 105.
Great architecture, great looking building, for owner user or owner and tenant user, great investment, located at the southwest corner of Alondra Blvd and cornuta Ave. (a signalized intersection)Great booming development in Bellflower in last five years, condos and retail on Alondra Blvd. Condos and restaurants On Bellflower Blvd. Apartments on Artesia Blvd. etc, cornet lot has about 87 feet of frontage on Alondra Blvd. 115 feet along Cornuta Ave. with a rounded corner of 24 feet, the parcel is 13,211 square feet. improvemnts comprise of a two-story wood frame and stuccco office building that has 5,260 square feet of gross building area (as per the assessor) the multi-tenant office building was constructed in 1987, with exterior stairs and exterior office suite entries. There are currently six office suites, most recently four offices have been renovated with new bathrooms, new laminate flooring and professionally painted, each unit has its own bathroom and HVAC System, individually metered for gas and electricity. adjacent concrete parking lot for 26 cars.
The Western Apartment Homes has an ideal unit mix of all single story two-bedroom units. Each unit has its own private yard, single car garage and washer dryer hook ups. All of the units have their own individual address. Most of the units have been renovated with new windows, quartz counter tops, and tile floors. Due to the unique features the apartment homes offer, the property has very stable occupancy with historical vacancy below 3%. The property is situated on a large 18,940 SF lot and has potential to add ADUs. The property has excellent assumable financing fixed at 3.35%.
Ideally located only two lots off of the vibrant downtown of Bellflower Blvd. in Bellflower, California, this multifamily property offers an enticing investment opportunity, close walking proximity to dining and shopping, as well as convenient freeway access to the 91 and 605 freeways. The complex features nine units, including four 2-bedroom/1-bath, one 1-bedroom/1.5-bath, and four 1-bedroom/1-bath apartments, all supported by 14 gated parking spaces. Currently generating $13,215 in monthly income, with the potential to achieve approximately an income upside of $4,000 with modest rent adjustments,. All tenants are on a month-to-month lease, providing flexibility in management. Major updates include a new roof installed in 2007, a comprehensive copper re-pipe in 2011 with a 50-year warranty, a new 100-gallon water heater in 2022, and new windows in the majority of the units. Reach out for this opportunity today.
GREAT OPPERTUNITY to HAVE A NICE 1849 Square foot 3-bedroom home in front OF PROPERTY ....... PLUS 8 INCOME UNITS IN REAR OF PROPERTY........ VERY GOOD UNIQUE OPPERTUNITY........ Which has even more potential than what is already there. NOTES JUST TO RCAP WHATS THERE:::: There is a Single-family residence in the front of property. Followed by a two story 2 unit building behind .......That Provide Front House. Behind that are Parking, also very large carports. After carports there are three garages. Then there is a large grass area with even more parking, after that there are 3 more duplexes...... Seller will entertain all reasonable offers. Please do not approach disturb or talk to tenants. If wanted Buyer to check with city how much more construction can be done or to build better buildings on parts of property to achieve highest and best use. Drive By Only. Do Not Approach or Disturb Tenants. Mutiple gas, electric, and laundry hookups per units.
Amazing Free Standing BRAND NEW CONSTRUCTION WITH NEW FAADE, FENCING, DOORS, WINDOWS, WIRING, PLUMBING AND NEW SURFACED PARKING LOT (ADA INSPECTED AND COMPLIANT). 5,798 SF Free Standing Medical and Professional Office spaces available for sale (Including 2,798 SF of one-story medical offices and 3,000 sf. of two-story multi-purpose building). Great opportunity for OWNER. 15,177 SF of Lot Size. Corner Lot. Ample Parking (14 parking spaces). Excellent location in City of Norwalk. Walking distance to Coast Plaza Hospital. - ZONED FOR: Commercial and Professional (Permitted and Potential USE for: Medical, Indoor Recreation, Minor Utilities, Office, Animal Clinic or Hospital, Restaurant, Retail, Drive-Through.. etc). - Seller will consider to Carry Back up to 50% of Purchase Price for 36 months at 6% INTEREST ONLY.
Stand-alone office/building ready for use. This is zone G-C which can be used for medical/dental, beauty shop, CPA, Real Estate office, Insurance, Flower shop, Architect, Lawyer, Catering and Market. Close to Downtown Bellflower and Civic center.
INVESTORS AND DEVELOPERS. This property consists of 2 PARCELS, being sold TOGETHER. Hard to find automotive repair center and Great income generating investment opportunity. on a Major Street in Bellflower High visibility and within heavy traffic area close to 91, 605,105 and 710 Fwy Property is zoned BFCG. The building at 9736 Alondra consists of one auto repair with 4 Bays and 1 outside totaling 3,954 Sf, One Office 1/2 Bathroom, one apartment 2 Bedrooms 1 Bathroom Lot Size 9,561 Sf and 9726 Alondra SFR 1,094 2 Bedrooms 1 bathroom Detach 3 car garage 6,426 Sf Lot. the two residential units have a long-term tenants. total of 4 buildings ALL INFORMATION DEEMED RELIABLE BUT IS NOT GUARANTEED SHOULD BE INDEPENDETLY VERIFIED.
11026 Imperial Highway is a 32-unit multifamily investment property located in Norwalk, California. Situated on a 0.73-acre lot, 11026 Imperial Highway offers 31, one-bedroom units and 1, two-bedroom unit, as well as amenities including gated pedestrian and parking access, surface parking, and two on-site laundry facilities. Residents at 11026 Imperial Highway benefit from the propertys optimal Norwalk Location, in close proximity to an abundance of retail, dining, and entertainment options at popular destinations including Stonewood Center, Downey Landing, and The Promenade at Downey. Additionally, the property is located within one mile of all three levels of schooling including Johnston Elementary School, Corvallis Middle School, and Norwalk High School as well as just over 2 miles from Cerritos College. 11026 Imperial Highways close proximity to Interstates 5, 105, and 605, as well as the Norwalk Light Rail Station, provides residents with convenient access to employment hubs throughout Los Angeles and Orange Counties. The area surrounding the property provide tenants convenient access to a wide variety of activities, employment, transportation and retail amenities. This overall demand for a well-located and maintained apartment building will be a key driver in the cont
INVESTORS AND DEVELOPERS DREAM COME TRUE!! This property consists of 2 PARCELS, being sold TOGETHER. The property is currently located in a commercially zoned area. HOWEVER, THE CITY OF BELLFOWER IS IMPLEMENTING A HOUSING ELEMENT SET TO BEGIN JANUARY 2025 FOR THIS PARTICULAR BLOCK BETWEEN BELLFLOWER BLVD. & ORCHARD, AT WHICH TIME IT WILL BE ZONED RESIDENTIAL! You could potentially use this property as it currently stands, or you may consider building residential housing units, apartments, condos, etc.! The skies the limit with what you can do! The property consists of a house in the rear that has been converted to 4 individual rental units. The unit in the front is a car stereo/tint shop. Next door (2nd parcel) is an upholstery shop along with 2 units above. All units have long term tenants. The 2 commercial units have leases that will expire on 12/31/2024 and roll over to a month to month or can be renewed to a longer term. COMPLETE ADDRESS OF PROPERTIES IS AS FOLLOWS: 9714 1/2, 9714, 9716, 9710, 9708. 9708 1/2 9706 & 9712 Alondra Blvd, Bellflower BRING ME YOUR OFFERS! All offers should include Proof of Funds, Pre-qualification from lender, etc. **SALE IS "AS IS" ALL INFORMATION DEEMED RELIABLE BUT IS NOT GUARANTEED! ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED
Well maintained spacious 32 unit apartment building. 32 parking spaces in a large parking area. Huge, open, concrete area separating units from parking area may be an opportunity to build additional units. All 1 BR 1 BA except the resident manager's unit which is a 2 BR 1 BA. Conveniently located close to freeways, shops and schools. Onsite laundry room, with leased equipment through Wash. East and South facing windows in all units replaced with retro dual pane windows. Resident manager/handyman at unit #1.
9 Single-Story Bungalows on Large 20,058-SF Lot | Outstanding Future Development Potential or Opportunity to Build 2 ADUs (Accessory Dwelling Units) | Desirable Bellflower Location - Just North of Alondra Boulevard & 2 Blocks to Bellflower Boulevard | Unit Mix of (One) 3-Bedroom/1-Bathroom House & (Eight) 1-Bedroom/1-Bathroom Bungalows | Remodeled Front 3-Bedroom House with 2-Car Garage & Private Backyard | 5.58% Current Cap Rate & 11.72 Current GRM | 7.67% Pro-Forma Cap Rate & 9.26 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Six of the Seven Structures Contain Brand-New Roofs | Fully Renovated 1-Bedroom Unit with New Kitchen Cabinets, New Quartz Counters, New Bathroom, New Vinyl Floors, New Closet, New Recessed Lighting, New Fixtures and New Ceiling Fan | Recently Painted Property with Tremendous Curb Appeal | Updated Plumbing & New Water-Efficient Landscaping | On-Site Laundry Facility, Total of 14 Parking Spaces & Ample Outdoor Space for Tenants | Close Proximity to St. John Bosco High School, Bellflower City Hall, Bristol Civic Auditorium, Bellflower Library Garden, and the 91, 605 & 105 Freeways