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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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8024 8036 Allport Avenue,  Santa Fe Springs CA, 90670

(Active)
$6,900,000
|
27,610 sqft
|
MLS# GD24039762
Last Updated: 5/17/2024 2:12 AM
Description for 8024 8036 Allport Avenue Santa Fe Springs, CA 90670
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.
Price
$6,900,000
Los Angeles
27,610 (approx)
GD24039762
Active
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.
Listing Information
Property Type: Industrial, Business Opportunities, 1 Story
1.31 Acres Assessor 27,610 (approx)
1962 1
Public
2 Total
Neighborhood
Room Information
None
Exterior / Lot Features
0 Covered Parking Spaces,
Irregular Lot,Lot Over 40000 Sqft,Level,Rectangular Lot
Driving Directions
Property extends from Allport Avenue to Freestone Ave and is near Washington Blvd.
Financial Considerations
8169005034
Listing Price History

Santa Fe Springs Real Estate

Santa Fe Springs is located in California. Santa Fe Springs, California 90670 has a population of 19,092.

The median household income in Santa Fe Springs, California 90670 is $73,550. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Santa Fe Springs 90670 is 38 years.

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Listing Agent: Kirk Garabedian CalDRE: 01216376 - Keller Williams R. E. Services, 818-298-8810
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This content last refreshed on 5/17/2024 2:12 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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