10944 South Street, Cerritos, CA 90703 - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
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10944 South Street, Cerritos, CA 90703

$8,500,000 Approx. USD 0 beds, 0 baths
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Listing Agent


Glenn Brander | gbrander@mdrealtycorp.com
Lic#: 01020228
Broker: Courtesy of Miller & Desatnik Realty Co.

Agent Remarks

10944 South Street, Cerritos, CA 90703 presents an exceptional single-tenant leased NNN investment opportunity with minimal landlord responsibility. The property spans an impressive 1.96 acres of prime land, ideally located within the renowned Cerritos Auto Square, the world's largest auto mall. This strategic location is home to a single tenant, Mitsubishi Motors-New Sales/Parts/Service Center, offering a secure and stable income stream. The subject property offers a rare and highly sought-after opportunity for investors seeking long-term stability with minimal oversight. Mitsubishi Motors, an established and trusted brand in the automotive industry, occupies the space under a NNN lease. The tenant has full responsibility for all property maintenance outside of maintaining the roof and foundation which are the landlord's responsibilities. The tenant is also fully responsible for payment of property insurance and property taxes, with NO TENANT PROP 13 PROTECTION - meaning, the increase in property taxes after the sale will be a continued responsibility of the tenant.

Listing Details

Property type: (Commercial)
Status: Active
MLS# 25495297
Price: $8,500,000
HOA Fee is $0.00
Built in 1975
1.96 acres
Lot size: 1.9580
County: Los Angeles
Zoning: CEADP5
MLS area: RD - Cerritos South of 91 Frwy, W of Norwalk

Last Updated: 4/11/2025

 Days On Market (DOM): 98

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This listing belongs to the RD - Cerritos South of 91 Frwy, W of Norwalk MLS area

Lat/Long: 33.857742, -118.100487.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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