Two-Bay Automotive Repair
For Sale
$825,000
12328 Fineview, El Monte, CA 91732
Cinder-block commercial condominium with dedicated parking and grandfathered automotive repair use.
Property Size1,420 SF
Price / SF$580.99
Days on Market10
Property Features for 12328 Fineview
General Information
Standard status
Active
Size
1,420 SF
Total Parking Spaces
5
Property subtype
Industrial
Additional Details
Service Bays
2
Amenities
3
Building Details
Year Built
1997
Construction
cinder block
Listing Agency:
EXCELLENCE RE ELITE PROPERTIES
(626) 593-7536
Listed By:
Anthony Meneses · License #01397731
Source:
Xome
Added: Aug 21
Changed: Aug 29
Last Checked: Aug 29 at 11:03PM
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 EXCELLENCE RE ELITE PROPERTIES
Investment Insights
Based on property information with market context.
This 1,420-square-foot commercial condominium in El Monte is configured for automotive service, with a cinder-block structure, two service bays, and an on-site restroom. The unit includes five dedicated parking spaces and its own separate APN. Built in 1997, the property is identified as grandfathered for automotive repair use, subject to independent verification with the City of El Monte and other appropriate authorities.
Located at 12328 Fineview, the property is suited to an automotive operator seeking an ownership position in an established service-oriented layout. The unit is described as having no restrictive operating rules, while buyers should independently confirm permitted use, parking, zoning, and grandfathered status.
Located at 12328 Fineview, the property is suited to an automotive operator seeking an ownership position in an established service-oriented layout. The unit is described as having no restrictive operating rules, while buyers should independently confirm permitted use, parking, zoning, and grandfathered status.
Key Highlights
- 1,420‑square‑foot automotive repair condominium in El Monte
- Two automotive service bays and one restroom
- Five dedicated parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,893
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$717,860
$717.9K
Cap Rate 7%
$512,757
$512.8K
Cap Rate 9%
$398,811
$398.8K
Market Conditions
NOI Build-Up for 1,420 SF
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.
Gross rent
$52.5K $36.96/SF
− Vacancy
−$1.2K −$0.85/SF
EGI
$51.3K $36.11/SF
− OpEx
−$15.4K −$10.83/SF
NOI
$35.9K $25.28/SF
Area
El Monte, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$717,860
Cap Rate 7%
$512,757
Cap Rate 9%
$398,811
Alternative Uses
Best Use
Retail
$512.8K
$448.7K – $598.2K
NOI $35,893 @ 7.0% cap · market cap 4.35%
Second Best
Industrial
$252.0K
$220.5K – $294.0K
NOI $17,640 @ 7.0% cap · market cap 2.14%
Theoretical Best
Multifamily LT 5
$26.98M
$23.61M – $31.48M
NOI $1,888,774 @ 7.0% cap · market cap 228.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Service bays
Location Intelligence
Trade Area within ½ mile
1,094
Businesses Nearby
84k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 58%
Apparel 32%
Dining 10%
Superior Grocers
Groceries
48,579 visits/mo
0.4 miles
Marshalls
Apparel
26,698 visits/mo
0.5 miles
SUBWAY
Dining
5,778 visits/mo
0.5 miles
Wingstop
Dining
2,899 visits/mo
0.5 miles
Demographics for 91732, CA
60,137
Population
15,995
Households
3.8
Avg Household Size
36
Median Age
15%
College-Educated
66%
High-School Grad
4.5 sq mi
ZIP Area
13,364
Density / Sq Mi
$67,172
Median Household Income
$31,884
Median Earnings
$1,752
Median Rent
$628,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Seth Mobile Tire Repair — 117 broadmead st, south el monte, ca 91733
- ALFONSO'S TIRES — 12642 Maryvine St, El Monte, CA 91732
- Castillo's Auto Repair — 12335 Rush St, South El Monte, CA 91733
- 3L Fleet Services — 11300 E, 11300 Rush St, South El Monte, CA 91733
- Euro M Tech Auto Repair — 10895 Thienes Ave, South El Monte, CA 91733
Frequently Asked Questions
What type of property is this?
Auto shop - Cinder-block commercial condominium with dedicated parking and grandfathered automotive repair use.
Where is this auto shop located?
The property is located at 12328 Fineview El Monte, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 1,420‑square‑foot automotive repair condominium in El Monte; Two automotive service bays and one restroom; Five dedicated parking spaces
