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8024 Allport Avenue 8036
Santa Fe Springs CA 90670 US

$7,250,000

Active Listing ID GD24039762
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$7,250,000

Active Listing ID GD24039762
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8024 Allport Avenue 8036 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 7250000
  • unparsedaddress: 8024 Allport Avenue 8036
  • postalcity: Santa Fe Springs
  • stateorprovince: CA
  • country: US
  • postalcode: 90670
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Square Feet
  • livingarea: 27610
  • livingareaunits: Square Feet
  • listagentfullname: Krikor Garabedian
  • listagentemail: kirkg@kw.com
  • listagentkey: 3yd-MRMLSCA-GD85090
  • listagentmlsid: GD85090
  • listagentpreferredphone: 8182988810
  • listagentofficephone: 8184323200
  • listofficekey: 3yd-MRMLSCA-G7207
  • listagentstatelicense: 01216376
  • listofficemlsid: G7207
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1962
  • listingcontractdate: 2024-02-27
  • listagenturl: http://thinkkw.com
  • countyorparish: Los Angeles
  • parcelnumber: 8169005034
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 3/26/2024 1:44:51 PM GMT
Source Updated Date: 5/5/2024 6:43:15 AM GMT

Courtesy of: Krikor Garabedian, Keller Williams R. E. Services, kirkg@kw.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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