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Investment Highlights
- Dock High Potential: Excellent opportunity for dock conversion
- Secure, gated yard perfect for equipment storage or fleet parking
- Freeway Connectivity: Direct access to both the 605 and 210 freeways, ensuring efficient regional transportation.
- High-visibility site ideal for owner-users or investors
Executive Summary
CBRE is pleased to present 2350 Central Avenue, Irwindale, CA, a compelling industrial asset offering a unique blend of immediate income and long-term development potential.
This property, encompassing approximately 24,000 square feet of improvements, including approximately 3,700 square feet of office space, sits on a substantial ±102,502 square foot (over two acres) lot, providing significant flexibility. Currently fully leased on a short-term basis to a single tenant, the property generates immediate cash flow, further enhanced by income from an established RV parking business and a prominent income producing billboard, leased on a month-to-month basis. The M2 zoning offers a wide range of industrial uses, and the expansive land area provides opportunities for future repositioning and higher rental rates. Strategically located in the heart of the San Gabriel Valley, with convenient access to two freeways and the Gold Line, 2350 Central Avenue benefits from the region’s strong and consistent industrial demand, rental growth, and appreciation. This offering represents a sound investment with multiple income streams and significant potential for long-term value creation, making it an attractive prospect for astute investors.
This property, encompassing approximately 24,000 square feet of improvements, including approximately 3,700 square feet of office space, sits on a substantial ±102,502 square foot (over two acres) lot, providing significant flexibility. Currently fully leased on a short-term basis to a single tenant, the property generates immediate cash flow, further enhanced by income from an established RV parking business and a prominent income producing billboard, leased on a month-to-month basis. The M2 zoning offers a wide range of industrial uses, and the expansive land area provides opportunities for future repositioning and higher rental rates. Strategically located in the heart of the San Gabriel Valley, with convenient access to two freeways and the Gold Line, 2350 Central Avenue benefits from the region’s strong and consistent industrial demand, rental growth, and appreciation. This offering represents a sound investment with multiple income streams and significant potential for long-term value creation, making it an attractive prospect for astute investors.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $7,000,000 | Rentable Building Area | 24,000 SF |
| Price Per SF | $291.67 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1977 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 2.35 AC | ||
| Zoning | M2 - Light Industrial | ||
| Price | $7,000,000 |
| Price Per SF | $291.67 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 2.35 AC |
| Rentable Building Area | 24,000 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M2 - Light Industrial |
Amenities
- Fenced Lot
- Signage
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Property Taxes
| Parcel Number | 8604-018-008 | Improvements Assessment | $1,820,524 |
| Land Assessment | $2,389,439 | Total Assessment | $4,209,963 |
Property Taxes
Parcel Number
8604-018-008
Land Assessment
$2,389,439
Improvements Assessment
$1,820,524
Total Assessment
$4,209,963
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2350 Central Ave
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