8024 8036 Allport Avenue Santa Fe Springs, CA $ 6,900,000
8024 8036 Allport Avenue
$ 6,900,000
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8024 8036 Allport Avenue

Santa Fe Springs, CA, 90670
$ 6,900,000
Baths0.0 Sq 27,610

Monthly Estimate*

$ 48,199

Listed by Keller Williams R. E. Services
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Studio

Commercial Property for sale in Santa Fe Springs, CA

for $6,900,000. This 27,610 square foot building was built in 1962 on a lot size of 1.3124.

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.

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Commercial Active

Price

$ 6,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Industrial

Lot Size

1.3124

Year Built

1962

Town/City

Santa Fe Springs

County/Region

Los Angeles

MLS | Web ID

GD24039762

Days on Market

78

Features
Exterior
Lot Features IrregularLot LotOver40000Sqft Level RectangularLot
Water Source Public
Lot Size Area 57167.0
Number of Buildings 2
Spa N
Building Area Total 27610.0
Lot Size Acres 1.3124
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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General
Year Built 1962
Property SubType Industrial
Additional Parcels Description 8169005035; 8169005018
County Los Angeles
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Property extends from Allport Avenue to Freestone Ave and is near Washington Blvd.
City Santa Fe Springs
View Y/N N
Senior Community Y/N N
MLS Area M2 - Santa Fe Springs
Lot Size Square Feet 57167.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Allport
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 73
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Vacant
Property Sub Type Additional Industrial
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 8024
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* Excluded Features
List By
Keller Williams R. E. Services

Broker

(818) 432-3200

Phone

Affordability Calculator

$48,199
Per Month
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0%
0%
Monthly Principal & Interest
$48,199
Monthly Property Taxes
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$6,900,000 -4.83% Price Down
3/19/2024$7,250,000 -12.12% Price Down
2/27/2024$8,250,000 Listed Price

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8024 8036 Allport Avenue, Santa Fe Springs, CA, 90670 is a Commercial Property for sale at $6,900,000 with 27,610 sqft and a lot size of 1.3124. 8024 8036 Allport Avenue is a studio with 0.0 baths and was built in 1962. The property's zip code is 90670 which is in Santa Fe Springs, CA