Under Contract

2402 Seaman Avenue

South El Monte CA, 91733

$5,490,000


$263.11 per sqft

Under Contract

20,866 sqft

Commercial

Built in 1956

Listed by Handoko Chen with GIG Real Estate Inc. 626-594-4901

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.

AR22232900

MLS ID

November 1, 2022

Listed

March 23, 2024

Updated

Map

2402 Seaman Avenue
South El Monte CA, 91733

Interior Features

Laundry Description

None


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.82 Acres


Lot Features

Corner Lot, Level, Near Public Transit, Rectangular Lot, Street Level


Roof

Flat

Other Property Details

Area Name

657 - So. El Monte


Days on Market

342


Garage

No


Parking Total

29


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

SEM


Buyer Agency Compensation

1.75%

Listing Contact: 626-594-4901 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:23 AM UTC

 

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