2402 Seaman AVE Pending Save Request In-Person Tour Request Virtual Tour
South El Monte,CA 91733
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Pending
Purchase Type For Sale
Square Footage 20,866 sqft
Price per Sqft $263
MLS Listing ID AR22232900
HOA Y/N No
Year Built 1956
Lot Size 0.820 Acres
Acres 0.8197
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
Laundry None
Exterior
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Roof Type Flat
Building
Lot Description Corner Lot,Level with Street,Lot 20000-39999 Sqft,Rectangular Lot,Level,Near Public Transit
Water Public
Others
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 1.75
SIGN ON PROPERTY 1
TERMS Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent,See Remarks
SHOW CONTACT NAME Abel Benitez
SHOW INSTRUCTIONS Please download the full marketing setup here: http://www.growthinvestmentgroup.com/listingdetail.aspx?pid=10382 Have your buyer REVIEW the setup first before setting up tours. Contact at least 24 hours in advance to setup a private tour. Middle unit is Vacant and that's the only one available for tour. Send your offer to han.chen@growthinvestmentgroup.com along with buyer's PROOF OF FUNDS. OFFER on CAR or AIR form please; Letter of Intent will not be responded by owner.