2402 Seaman Avenue South El Monte, CA $ 5,490,000
2402 Seaman Avenue
$ 5,490,000
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2402 Seaman Avenue

South El Monte, CA, 91733
$ 5,490,000
Baths0.0 Sq 20,866

Monthly Estimate*

$ 36,488

Listed by GIG Real Estate Inc.
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Studio

Commercial Property for sale in South El Monte, CA

for $5,490,000. This 20,866 square foot building was built in 1956 on a lot size of 0.8197.

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.

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Commercial Active

Price

$ 5,490,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Industrial

Lot Size

0.8197

Year Built

1956

Town/City

South El Monte

County/Region

Los Angeles

MLS | Web ID

AR22232900

Days on Market

586

Features
General
Heating Central
Cooling CentralAir
Utilities CableAvailable ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected WaterConnected
Roof Flat
Zoning SEM
Construction Materials Drywall Concrete
Year Built 1956
Electric Standard
Property SubType Industrial
Business Type Commercial Industrial
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 ActiveUnderContract
Directions about 2 blocks south of Garvey Ave and 3 blocks west of Rosemead Blvd
City South El Monte
View Y/N N
Senior Community Y/N N
Open Parking Spaces 29.0
NumberOfUnitsTotal 3
MLS Area 657 - So. El Monte
Lot Size Units SquareFeet
Lot Size Square Feet 35706.0
Private Pool N
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Number of Units Leased 2
Street Name Seaman
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Current Financing Conventional
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 342
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Occupancy Type Tenant
Year Built Source Assessor
Virtual Tour http://growthinvestmentgroup.com/listingdetail.aspx?pid=10382
Property Sub Type Additional Industrial
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Exterior
Lot Features CornerLot Level NearPublicTransit RectangularLot StreetLevel
Water Source Public
Total Parking 29.0
Lot Size Area 35706.0
Number of Buildings 3
Spa N
Building Area Total 20866.0
Street Suffix Avenue
Lot Size Acres 0.8197
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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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features None
Electric On Property Y/N N
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Internal Only
Street Number 1 2402
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* Excluded Features
List By
Gig Real Estate Inc.

Broker

(626) 594-4900

Phone

Affordability Calculator

$36,488
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Monthly Principal & Interest
$36,488
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Default based on a 30-year fixed rate of 6.99% 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
11/2/2022$5,490,000 Listed Price

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2402 Seaman Avenue, South El Monte, CA, 91733 is a Commercial Property for sale at $5,490,000 with 20,866 sqft and a lot size of 0.8197. 2402 Seaman Avenue is a studio with 0.0 baths and was built in 1956. The property's zip code is 91733 which is in South El Monte, CA