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    2437 Lee Avenue South El Monte, CA 91733

    View on Map
    For Lease
    $15,000 /Mo

    Commercial Lease - South El Monte, CA

    Property size:
    9,907 SF
    Added:
    Oct 30, 2025
    Days on Market:
    155
    Last Refresh:
    Apr 2 at 1:06 am

    Property Features for 2437 Lee Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    5281013027
    Size
    9,907 SF

    Building Details

    Year built
    1992
    Architectural style
    Other

    We can help!

    Listing Contact
    Tommy Thai

    Listing agent Tommy Thai License #01082910

    Listing office T2 Realty 5820 Temple City Blvd, Temple City, CA

    Listing date Oct 30, 2025

    MLS# AR25250026 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warehouse with Cooler and Freezer

    This 9,907 square foot commercial warehouse, constructed in 1992, features a 22-foot clear ceiling height, one loading dock, and one roll-up ground-level door. It includes a built-in 35-foot by 16-foot cooler, an 11-foot by 11-foot freezer, and a dedicated approximately 550 square foot food processing room with plumbing, along with storage space above the food processing room. The property also offers approximately 1,320 square feet of office and showroom space downstairs, plus an additional bonus approximately 1,320 square feet of office space in the upstairs mezzanine area, which is not included in the total building square footage. It has two restrooms, 11 energy-saving skylights, and central air conditioning. The power supply is 208V 3 Phase 400 amps. Situated on a large 18,637 square foot gated lot with 100 feet of frontage, the property provides a secure business environment with generous parking. Located in South El Monte’s industrial hub, approximately 15 miles south of Downtown Los Angeles, the city fosters a business-friendly environment and has one of the most robust industrial manufacturing markets in Southern California.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Coast Machinery Movers — 2431 Chico Ave, South El Monte, CA 91733
    • StorQuest Self Storage — 8659 Garvey Ave, Rosemead, CA 91770
    • Angel's City Towing — 3102 Seaman Ave, El Monte, CA 91733

    Location Insight

    • Map
    • Local Demand
    City
    South El Monte
    County
    Los Angeles
    State
    California
    Longitude
    -118.0676798
    Latitude
    34.0564949

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    FAQs

    What type of property is this?
    Warehouse - 9,907 SF warehouse with cooler, freezer, and office space.
    Where is this warehouse located?
    The property is located at 2437 Lee Avenue South El Monte, CA.
    What is the lease rate?
    The lease rate is $15,000 /Mo.
    What are key features of this property?
    This property features: 9,907 sf Warehouse with **22 Ft Clear Ceiling Height**; Includes ±1,320 sf of Office/Showroom Space (Downstairs) plus Bonus ±1,320 sf Mezzanine Office; Dedicated ± 550 sf Food Processing Room with Plumbing
    (626) 389-3899
    We can help!
    Listing Contact
    Tommy Thai
    Real Estate License ID: 01082910
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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