27,610 SqFt
27,610 SqFt
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
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
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