16025-16115 Studebaker Rd - Churches FOR SALE


Cerritos, CA 90703- ABC
$14,990,000 USD
949-887-7872
16025-16115 Studebaker Rd, Cerritos, CA for Sale
$14,990,000 USD
Churches - FOR SALE
1/24
null | Request Cap Rate

16025-16115 Studebaker Rd
Cerritos, CA 90703
ABC


HIGHLIGHTS

  • 26,425 SF Purpose Built Religious Facility on 4.62 Acres; Built in 1977; Newer Roof
  • 6,391 SF Office (Educational) Building on 0.96 Acre; Built in 1970; Fully Improved
  • 344 On-Site Parking Spaces (10.5:1,000 SF)
  • Church Building has Large Chapel & Expanded Seating Capacity in Cultural Hall
  • Cultural Hall Features a Basketball Court & Performance Stage
  • Two (2) Blocks from 605 Freeway/Alondra Blvd Freeway On/Off Ramp

OVERVIEW

Two fine religious facilities with a CUP in place for a “church use”. The site is also an outstanding 5.58-acre single-family in-fill development opportunity in a core market. The Property is comprised of two buildings. The first is a single-story, purpose-built religious facility with a total gross building area of 26,425 SF situated on a 4.62-acre site (284 parking spaces). A “Cultural Hall” (gymnasium) offers expanded seating for the large worship area. A conditional use permit was granted for this building in 1974 to operate as a church use. The second structure is a 6,391 SF single-tenant, brick/masonry, low-rise office building located on a 0.96-acre site (60 parking spaces). This fully improved building is being used for religious education purposes. There is no CUP on record for this building. This use has been in place since the building was constructed in 1970. The site is zoned “RS-6500” Single-Family Residential which allows for single-family housing with a minimum lot size of 6,500 SF. This is a core 5.58-acre residential in-fill development opportunity in a dense, highly desirable Los Angeles area market. Average Household Income (2024) was $103,189 in a 3-mile radius.

FOR SALE DETAILS

PRICE

$14,990,000 USD

PRICE/SF

$457 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

32,816 SF RELIGIOUS FACILITY ON 5.58 ACRES

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Lodge/Meeting Hall, Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

344

LAND DETAILS

LAND ACRES

5.58 AC

LAND SF

243,065 SF

ZONING

“RS-6500”

APN/PARCEL ID

7016-002-033,7016-002-046

ASK ABOUT THIS PROPERTY

David KnowltonNAI CapitalMore Info
949-887-7872

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David KnowltonNAI CapitalMore Info
949-887-7872

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.