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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site78 Days
- MLS StatusActive
- MLS ID NumberGD24039762
- Home Size Source Assessor
- Year Built1962
- Lot Size1.3124 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Number of Stories 1
- Acreage 1.3124
- Water Public
- Property Sub Type Industrial
- Listing Conditions Standard
Interior Features
- Laundry Features None
Exterior Features
- Lot Lot Over 40000 SqftIrregular LotRectangular LotLevel
Community Features
- MLS Area M2 - Santa Fe Springs