16737 Parkside Ave, Cerritos, CA 90703
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16737 Parkside Ave Cerritos, CA 90703

$3,100,000 Sold Price as of 08/20/2021
  • -- Beds
  • -- Baths
  • 8,400 Sq.Ft.
Sold
$3,100,000 Sold Price as of 08/20/2021 Refinance Your Mortgage

Map preview of 16737 Parkside Ave, Cerritos, CA 90703

Property Overview: 16737 Parkside Ave Cerritos, CA has -- bedrooms, -- bathrooms, 8,400 living square feet and 19,201 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Prime location in Cerritos on a semi-private and quiet corporate business area!!! Approx 8,400 sq ft & approx 19201 sq ft lot size. Located walking distance to Norwalk Blvd & the 91 Freeway and close to Beach Blvd, 605 fwy & 5 fwy. Zoned M for industrial use. Large warehouse space with several office spaces (6 total) plus a large showroom. 2 GL doors, 2 restrooms in warehouse, plus 3 electric panels. 2 additional restrooms in the office area. In 2018, newer carpet & newer paint in office areas & restrooms plus restrooms were remodeled - replaced tile floors with epoxy floor (waterproof), new sinks & toilets. In 2019, newer roof sealant coating was installed (Seller has warranty certificate for 15 year coverage). In 2021, a new fire alarm system was also installed. Additionally, Seller installed lighted EXIT signs for extra safety precautions. Extensive & robust security alarm system with multiple cameras which provides owner with full access to view live video coverage of the property (inside & outside) at any time via the security system online application (smartphone app or computer). Electric panel by GL door has been upgraded providing more than sufficient power for any industrial business. Warehouse is approx 75% of the building space with possibly more room to expand the warehouse area since the showroom & some of the offices & the showroom have drop ceilings (so you can convert the showroom & 3 offices into more warehouse space). Warehouse ceiling height ranges from 16' to 21' approx (higher in the middle area of warehouse). Spacious building with plenty of windows, skylights, & several doors leading to the side (3), back (2), and front (1) for easy access plus 2 GL doors. Large parking lot with private gated fence. This property is located in a great location near major streets and freeways, making it easily accessible for anyone in the area. The Building is located just blocks from shopping areas which would be perfect for any business looking for convenience & room to grow their business. Ready to move-in and to start your business. A MUST SEE! Hurry..... This won't last!

Listed by Mary Ann Lopez | BRE #01800042 | T.N.G. Real Estate Consultants
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
19,201
HOA Dues
$0/mo
Year built
1969
Garage
--
Property Type:
Warehouse
Status
Sold
MLS#
OC21107120
City
Cerritos
County
Los Angeles
Time on Site
1092 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 16737 Parkside Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot, Sprinkler System
  • Common Interest: None
Property Information
  • Parcel Number: 7011001014
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: 91 West fwy - exit Norwalk Blvd, turn right, then Left on Park St then Right on Parkside Ave. Property on Left side.
View more facts & features

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Sale History for 16737 Parkside Ave

Last sold for $3,100,000 on August 20th, 2021
  • August, 2021

  • Aug 21, 2021

    Date

    Sold

    CRMLS: OC21107120

    $3,100,000

    Price

  • Jun 21, 2021

    Date

    Active Under Contract

    CRMLS: OC21107120

    $3,100,000

    Price

  • May 25, 2021

    Date

    Active

    CRMLS: OC21107120

    $3,100,000

    Price

  • October, 2016

  • Oct 18, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,860,000

    Price

  • August, 2005

  • Aug 22, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,180,000

    Price

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Tax History for 16737 Parkside Ave

Assessed Value (2020): $1,973,846
Year Land Value Improved Value Assessed Value
2020 $1,061,208 $912,638 $1,973,846

Home Value Compared to the Market

This property vs the competition

16737 Parkside Ave sold on August 20, 2021 for 181.59% higher than the current median sold price for the city of Cerritos which is $1,100,888. The median sold price per/sqft for Cerritos is $667 and this home is sold at $369.05 per/sqft which puts the price per square foot 44.67% lower than the current median sale per square foot for the city of Cerritos.

About 16737 Parkside Ave

Detailed summary of property

16737 Parkside Ave is a warehouse that recently sold in Cerritos, CA 90703. This warehouse offered -- bedrooms, -- bathrooms, roughly 8,400 living square feet, and sits on an approximately 19,201 square foot lot. 16737 Parkside Ave was first listed on ArdentRealEstateGroup.com on May 25, 2021. The homeowner sold the property for $3,100,000. Home in Cerritos are selling for a median price of $1,100,888 and a median price per square foot of $667. Based on Ardent Real Estate Group's Cerritos Market Data, this home is sold 181.59% higher than the current median priced home. Local homes that are currently for sale include 4985 Whittier Blvd, 9101 S Alameda St and 7511 Warner Ave. While the average home in Cerritos, CA is selling in 38 days, 16737 Parkside Ave has a days on market of 28 days. There are currently 45 homes for sale in the Cerritos real estate market and 33 of them are single family homes while 9 of them are condos and 3 are townhomes. For more information on this home for sale at 16737 Parkside Ave Cerritos, CA 90703 contact Ardent Real Estate Group and we will put you in touch with one of our Cerritos agents.

Public Facts for 16737 Parkside Ave

Public county record property details
Beds
--
Baths
--
Year built
1969
Sq. Ft.
8,400
Lot Size
19,200
Stories
1
Type
Manufacturing (Light)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
7011-001-014

The source for these homes facts are from public records.

90703 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,050,000
Median List Price/Sq.Ft.
$597
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
43
Median Sale to List Price %
112.36%
Avg Days on Market
10
Loan Type
Conventional (77.78%), FHA (0%), VA (0%), Cash (11.11%), Other (5.56%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.