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