8891 Watson Street, Cypress, CA 90630

$2,799,000

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List Price
$2,799,000
Status
ACTIVE UNDER CONTRACT
MLS#
SB26048365
Year Built
1986
Lot Size
19,602
Acres
0.45
Lot Location
Corner Lot, Street Level
Days on Market
146
Property Type
Commercial
Property Sub Type
Office

Property Description

This offering presents a rare opportunity to acquire a ±10,050 SF multi-tenant industrial/commercial property situated on a ±19,602 SF corner parcel in the highly desirable Cypress industrial market. The property offers excellent access, visibility, and functionality, with approximately 20 on-site parking spaces and significant yard area, making it well-suited for a variety of industrial and service-oriented uses. The building is currently 100% occupied and features individually metered electrical service for each tenant, providing operational efficiency and ease of management. The property includes a large ±5,350 SF flex suite, consisting of approximately ±4,000 SF of cold storage space. One of the suites could be delivered vacant, creating a rare owner-user or expansion opportunity. The property also benefits from a secured, fenced contractor yard, ideal for storage, logistics, or contractor-related operations. Majority of existing leases are currently below market, providing potential to increase cash flow through rental adjustments over time. The property has recently undergone roof replacement, HVAC upgrades, and window improvements, reducing near-term capital expenditure. Multi-tenant configuration with separate utilities and flexible suite sizes. Provides strong visibility, access, and operational efficiency for tenants. This offering represents a compelling opportunity for both investors seeking a stabilized asset with upside potential and owner-users looking for a strategically located facility with income in place.

Additional Information

Heat
Central
Cooling
Yes
Cooling Description
Central Air
Roof
Flat, Tile
Water
Public
Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$213,600
Operating Expense
50920

Listing courtesy of Listing Agent: Tamas Batyi (tamasbatyigroup@gmail.com) from Listing Office: Compass.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.