Available For Sale - Retail

8,460 SF | Show Pricing $

AVAILABILITY DETAILS

Size
8,460 SF
Price/SF
Show Pricing $
Listing ID
SA448865
Notes
INVESTMENT HIGHLIGHTS:

• STRONG SUBMARKET FUNDAMENTALS—3.5%

vacancy rate in the market with no new for rent

product in the pipeline. City is updating general plan

to allow for a mixed-use development allowing for

high density (60 du/AC). NO CEQA REQUIRED. City

has performed own impact study.

• EXCEPTIONAL SOUTHERN CALIFORNIA

LOCATION—Highly visible location along Artesia

Boulevard with a Walk Score of 90. Walking distance

to Stater Bros, CVS, Walgreens, Starbucks and Dollar

Tree. 5-minute drive Cerritos Towne Center (Trader

Joe’s, Best Buy Petco, Edwards Cinema)

• PROXIMITY TO LA & ORANGE COUNTY EMPLOYMENT HUBS—Within a 30-mile radius exist over 1

million jobs in adjacent employment centers

including Burbank, Hollywood, Downtown Los

Angeles, Century City and West Los Angeles, and

Warner Center.

• TWO SEPARATE LEGAL PARCELS—Provides new

buyer the opportunity to utilize the existing building

and provide flexibility to any future development.





STREET ADDRESS 11840 ARTESIA BOULEVARD

CITY, STATE, ZIP ARTESIA, CA 90701

PROPERTY TYPE COMMERCIAL BUILDING W/ EXCESS LAND

BUILDING AREA ±8,460

LAND AREA ±1.36 AC / ±59,074 SF

YEAR BUILT 1962

ZONING C-G (MIXED-USE OVERLAY)

APN 7033-005-013 & 7033-005-014
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Rachel Castillo, Avison Young