Santa Fe Springs, CA 90670 8024 8036 Allport Avenue

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Presented By: Krikor Garabedian with Keller Williams R. E. Services; 818-298-8810
  • MLS# GD24039762
  • 02/27/2024
  • Request Tour
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  • FootageSQFT • 27,610

Home Details

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.
Presented By: Krikor Garabedian with Keller Williams R. E. Services; 818-298-8810

Interior Features for 8024 8036 Allport Avenue

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 8024 8036 Allport Avenue

Additional Parcels Description8169005035; 8169005018
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySanta Fe Springs
CountyLos Angeles
Days on Market48
DirectionsProperty extends from Allport Avenue to Freestone Ave and is near Washington Blvd.
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet57167.0
MLS AreaM2 - Santa Fe Springs
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionVacant
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalIndustrial
Property SubTypeIndustrial
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameAllport
View Y/NNo
Waterfront Y/NNo
Year Built1962

Exterior for 8024 8036 Allport Avenue

Building Area Total27610.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesIrregularLot, LotOver40000Sqft, Level, RectangularLot
Lot Size Acres1.3124
Lot Size Area57167.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $7,250,000
MLS#GD24039762
List Date 02/27/2024
Property Type Commercial
Phone 714.964.3311
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