South El Monte, CA 91733,2402 Seaman AVE
South El Monte, CA 91733,2402 Seaman AVE
South El Monte, CA 91733,2402 Seaman AVE
South El Monte, CA 91733,2402 Seaman AVE
South El Monte, CA 91733,2402 Seaman AVE
South El Monte, CA 91733,2402 Seaman AVE
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$ 5,490,000
Est. payment | /mo

0.82 Acres Lot


$ 5,490,000
Est. payment | /mo

0.82 Acres Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID AR22232900

HOA Y/N No

Year Built 1956

Lot Size 0.820 Acres

Property Sub-Type Industrial

Property Description

2402 Seaman Ave is a single-story multi-tenant industrial property. It is priced to sell at much lower price per SF compared to competing properties in the El Monte/South El Monte industrial submarket. The property has been under the same family ownership since the1990s (±30 years ownership). Seaman Ave features a ±20,866 SF building and situated on a ±35,706 SF CORNER lot (M zoned – buyer to verify). This very well-located industrial property is in the City of South El Monte, a block from Garvey Ave, 2 blocks from FWY 19/ Rosemead Blvd, and offers excellent access to multiple freeways (FWY 10, FWY 60, and FWY 605). These freeways provide direct access to Downtown Los Angeles, the Port of Los Angeles & Port of Long Beach, City of Industry, and Inland Empire. 2402 Seaman Ave is a versatile industrial property with logistics, light manufacturing, and flex industrial opportunities. With 2 buildings it features a total of (3) units (2402 Seaman, 2408 Seaman, and 9919 Klingerman). These units are separately metered for electricity, have flexible office/showroom space, plumbed restrooms, kitchenettes, ample parking (29 total spaces), and paved and securely gated lots. 2402 & 2408 Seaman have 1 water meter.

2408 Seaman has ±8,800SF space with a bonus mezzanine (not included in building total – buyer to verify), and it is vacant, offering an opportunity for an owner-user to occupy the space, 3PL, or flex industrial. It has one (1) loading dock (access from alley), and two (2) grade loading doors with access to the street and interior gated lot. The space has small office areas; warehouse portion has ±15ft-17ft clear heights (buyer to verify).

The (2) occupied units are (2402 Seaman and 9919 Klingerman) are leased by long-term tenants, each with lease terms ending in 2024. 9919 Klingerman has ±8,000SF of space with good distribution of warehouse space & a showroom/office. It has two (2) grade loading doors.

Location

State CA

County Los Angeles

Area 657 - So. El Monte

Zoning SEM

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Flat

Total Parking Spaces 29

Building

Lot Description Corner Lot, Level, Near Public Transit, Rectangular Lot, Street Level

Water Public

Others

Tax ID 8102011021

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Virtual Tour https://growthinvestmentgroup.com/listingdetail.aspx?pid=10382

California Regional MLS (CRMLS)
Listed by Handoko Chen • GIG Real Estate Inc. • han.chen@growthinvestmentgroup.com

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

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Exceptional Realtors

There are a number of solid and competent realtors that can help you navigate the paperwork needed to either close a sale or negotiate a purchase of a home. The number of exceptional realtors who can develop a effective markeketing plan based on research, investment and strength of intellect and character are few and hard to find. Patrick and Ruby Raymond are those exceptional realtors. In addition, the other members of their team were each exceptional and epitomize professionalism. When Patrick first approached me, he stated a price than our home would generate that exceeded what I thought the market would bear. Then he proceeded to explain how this sale price could happen. First, he knew our neighborhood and its strength and weaknesses regarding its saleability. Next, he revealed the investments he had made to obtain a data base of pre-qualified buyers from throughout our state and around the country. Finally, Patrick and Ruby provided an in depth strategy on how to stage our home, establish timelines, and present tools they would use to sell the home. Some of their strategies were known but not always followed by other realtors, and additional strategies were proprietary to the Raymond team. The result was that we received three offers each either meeting of exceeding what Patrick and Ruby first told us our home could sell for. Throughout the process they both remained calm and focused even when little hickups occurred. It was a learning experience for us when we had questions about staging the home I found out later from the buyers how much Rubys’ strategies influenced their purchasing decision. Needless to say it is without any reservations that we would recommend the Raymond team whether you are purchasing or selling a home. P.S. They even gave us great input on strategies on how to buy our current home in a very competitive market.

Heather Squire

Transparent, Reliable & Honest

Ruby was extremely helpful, open, transparent, and reliable through the whole process, she really cared about us, understood our needs. Ruby was always available to answer our questions. Ruby really is the best! She was thorough and professional and great to work with. She scheduled the inspection and pest company, made it so easy to get everything done. She was honest and forthright- no games. Would use her again tomorrow if we were to buy or sell in the area.

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

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Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

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agent
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | ruby@rubyraymond.com

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