8024 8036 Allport AVE Pending Save Request In-Person Tour Request Virtual Tour
Santa Fe Springs,CA 90670
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Pending
Purchase Type For Sale
Square Footage 27,610 sqft
Price per Sqft $213
MLS Listing ID GD24039762
HOA Y/N No
Year Built 1962
Lot Size 1.312 Acres
Acres 1.3124
Property Description
We are pleased to present a 27,600 square feet multi-tenant industrial property in Santa Fe Springs, California, situated on over 1.3 Acres of M1 zoned land and incorporating 2 separate multi-tenant industrial buildings plus a 3rd parcel which allows for street-to-street access. The buildings will be delivered occupant free at the close of escrow; there is one month-to-month tenant occupying the Freestone Yard parcel.
The two buildings include: 8024-8032 Allport Avenue, which is approximately 12,640 square feet with 6 roll up ground level doors; then a second building at 8036-8042 Allport Avenue which is approximately 14,970 square feet and includes 5 roll up ground level doors. The clearance height for 8024 is 14’ to the beams and 16’ to the rafters; while 8036 has a clearance of near12.5’ to the beams and 14’ to the ceiling.
The property has in recent years been entirely used as a wood moldings fabrication, warehouse and distribution center, yet the building has the infrastructure and design to convert back into a multi-tenant industrial asset.
At an estimated $1.60/SF rents the building has the potential to generate over $585,000 in annual revenue and yield of over 7.5% cap rate. Alternatively, an Owner-User can occupy a portion of the property and lease the balance for added income. This rare and versatile asset can suit a wide range of needs for either an investor or a business owner looking to expand their operations and footprint.
Location
State CA
County Los Angeles
Area M2 - Santa Fe Springs
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description Irregular Lot,Lot Over 40000 Sqft,Level,Rectangular Lot
Story 1
Water Public
Others
Tax ID 8169005034
Special Listing Condition Standard