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2402 Seaman Ave
South El Monte, CA 91733
LOW Price/SF, 20k SF Industrial/0.8AC lot · Industrial Property For Sale
Investment Highlights
- Priced to sell industrial building with low price/sf compared to competing on-market properties
- Hard to find industrial building on a corner lot with large lot size and ample parking; Vacant space is suitable for distribution, wholesale, or other
- Unit 2408 Seaman is vacant (owner user) with loading dock; 2 Long-term tenants on relatively short-term leases
- Priced at $263/SF compared to Average Sales Price $350 for Lower San Gabriel Valley submarket (Avg. Sales Price submarket is according to Costar rpt.)
- First time ever offered for sale since 1990s (long-time family owned for ±30 years); ±2.2% vacancy submarket and 12.3% rent growth (per Costar report)
- Strategic location with excellent access to 3 freeways (FWY 10, FWY 60, FWY 605), 2 blocks from Rosemead BLVD (FWY 19), and 1 block from Garvey Ave
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Manufacturing | Year Built | 1957 |
| Building Class | C | Parking Ratio | 1.3/1,000 SF |
| Lot Size | 0.82 AC | Clear Ceiling Height | 14’ |
| Rentable Building Area | 20,866 SF | No. Drive In / Grade-Level Doors | 5 |
| Zoning | SEM* - Industrial | ||
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.82 AC |
| Rentable Building Area | 20,866 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Parking Ratio | 1.3/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | SEM* - Industrial |
Amenities
- Fenced Lot
- Fluorescent Lighting
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Property Taxes
| Parcel Number | 8102-011-021 | Improvements Assessment | $1,872,720 |
| Land Assessment | $3,537,360 | Total Assessment | $5,410,080 |
Property Taxes
Parcel Number
8102-011-021
Land Assessment
$3,537,360
Improvements Assessment
$1,872,720
Total Assessment
$5,410,080
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