Dual-Structure Light Industrial
10943 Schmidt El Monte, CA 91733
10943 Schmidt, El Monte, CA, 91733
$1,425,000
For Sale
$1,425,000
Versatile industrial site with two separate structures, supported by light industrial zoning for multiple on-site business options.
Property Size4,160 SF
Lot Size0.28 Acres
Price / SF$342.55
Days on Market103
Property Features for 10943 Schmidt
General Information
- Standard status
- Active
- Size
- 4,160 SF
- Lot size
- 0.28 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1948
Listing agency
Greenpoint Real Estate
(626) 230-6306
Listed by
Ricky Hernandez · License #01172950
(626) 230-6306
Source
Elliman
Added: Apr 12 Updated: Jul 22 at 2:45PM Checked: Jul 22 at 2:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greenpoint Real Estate
Investment Insights
Based on property information with market context.
The property is a versatile industrial asset featuring two separate structures, offering flexibility for multi-tenant use or an owner-user arrangement. The front building is approximately 4,160 SF, and there is an additional rear structure of approximately 1,000 SF, enabling independent operations within the same site.
Located in the South El Monte industrial corridor, the property provides immediate access to major freeways and is centrally positioned within the San Gabriel Valley. The site sits on a lot of approximately 12,241 SF, with functional flexibility that may accommodate yard space, parking, or future repositioning, subject to zoning and approvals.
Zoning supports light industrial uses, which may fit manufacturing, warehousing, or contractor-type operations. Bike and walk scores indicate moderate local mobility, with some transit access as reflected in the provided scores.
Located in the South El Monte industrial corridor, the property provides immediate access to major freeways and is centrally positioned within the San Gabriel Valley. The site sits on a lot of approximately 12,241 SF, with functional flexibility that may accommodate yard space, parking, or future repositioning, subject to zoning and approvals.
Zoning supports light industrial uses, which may fit manufacturing, warehousing, or contractor-type operations. Bike and walk scores indicate moderate local mobility, with some transit access as reflected in the provided scores.
Key Highlights
- Dual‑structure industrial property built in 1948 for multi‑tenant use or an owner‑user setup.
- Front building size is approximately 4,160 SF with an additional rear structure of approximately 1,000 SF.
- Approx. 12,241 SF lot with room for potential yard space, parking, or future repositioning.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.9k | $18.96 |
| − Vacancy | −$5.0k | −$1.21 |
| EGI | $73.8k | $17.75 |
| − OpEx | −$22.1k | −$5.32 |
| NOI | $51.7k | $12.42 |
4,160 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$738.3K
$646.0K – $861.3K
NOI $51,678 @ 7.0% cap · market cap 3.63%
Second Best
Flex RnD
$685.5K
$599.8K – $799.8K
NOI $47,987 @ 7.0% cap · market cap 3.37%
Theoretical Best
Multifamily LT 5
$79.05M
$69.17M – $92.22M
NOI $5,533,311 @ 7.0% cap · market cap 388.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ToughPRO
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- Taco SAAS — 10300 Rush St, South El Monte, CA 91733
- Eco Essential — 10161 Rush St, South El Monte, CA 91733
- Taquizas La Guera — 2241 Central Ave, South El Monte, CA 91733
- Sunseri's Bar and Beverage Catering — 10617 garvey ave, el monte, ca 91733
FAQs
What type of property is this?
Flex space - Versatile industrial site with two separate structures, supported by light industrial zoning for multiple on-site business options.
Where is this flex space located?
The property is located at 10943 Schmidt El Monte, CA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Dual‑structure industrial property built in 1948 for multi‑tenant use or an owner‑user setup.; Front building size is approximately 4,160 SF with an additional rear structure of approximately 1,000 SF.; Approx. 12,241 SF lot with room for potential yard space, parking, or future repositioning.
