Multi-Tenant Industrial Property For
2402 Seaman Ave, South El Monte, CA 91733
Single-story industrial property with versatile logistics, light manufacturing, and flex opportunities.
Type:Industrial
Property size:
20,866 SFLot size:
0.82 AcresPrice / SF:
$263/SF- Added:
- Mar 11, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 4 at 12:14 pm
Property Features for 2402 Seaman Ave
General Information
- Standard status
- Active
- Size
- 20,866 SF
- Lot size
- 0.82 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1956
Listing office Growth Investment Group (626) 224-2495
Listing date Mar 11, 2026
Source Elliman
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 Growth Investment Group
HighLights
- Priced below market value.
- Excellent location with easy access to FWY 10, FWY 60, and FWY 605.
- Vacant ±8,800 SF unit with bonus mezzanine, suitable for owner‑user, 3PL, or flex industrial, offering immediate occupancy.
- Multi‑tenant industrial property with three units, separately metered for electricity.
- Corner lot location with secure, gated lots and ample parking (29 spaces).
- Versatile industrial property suitable for logistics, light manufacturing, and flex industrial uses.
Overview
The property at 2402 Seaman Ave is a single-story, multi-tenant industrial building for sale. The property features a building of approximately 20,866 square feet on a corner lot of approximately 35,706 square feet. The property is located in the City of South El Monte, one block from Garvey Ave and two blocks from FWY 19/Rosemead Blvd, providing access to multiple freeways including FWY 10, FWY 60, and FWY 605. These freeways offer access to Downtown Los Angeles, the Port of Los Angeles and Port of Long Beach, the City of Industry, and the Inland Empire. The property is suitable for logistics, light manufacturing, and flex industrial uses. It consists of three units: 2402 Seaman, 2408 Seaman, and 9919 Klingerman. The units are separately metered for electricity and feature flexible office/showroom space, plumbed restrooms, kitchenettes, ample parking with 29 total spaces, and paved and securely gated lots. Units 2402 and 2408 Seaman share one water meter. Unit 2408 Seaman has approximately 8,800 square feet of space with a bonus mezzanine. It has one loading dock with access from the alley and two grade loading doors with access to the street and interior gated lot. The warehouse portion of the unit has approximately 15 to 17-foot clear heights. Units 2402 Seaman and 9919 Klingerman are occupied by long-term tenants with lease terms ending in 2024. Unit 9919 Klingerman has approximately 8,000 square feet of space with a distribution of warehouse space and a showroom/office, and two grade loading doors. Unit 2408 Seaman is vacant, offering an opportunity for an owner-user to occupy the space for 3PL or flex industrial purposes.
Local Financial Insights For Office B
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 | $801.3k | $38.40 |
| − Vacancy | −$193.1k | −$9.25 |
| EGI | $608.2k | $29.15 |
| − OpEx | −$152.0k | −$7.29 |
| NOI | $456.1k | $21.86 |
20,866 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$6.52M
$5.70M – $7.60M
NOI $456,114 @ 7.0% cap · market cap 8.31%
Second Best
Warehouse
$3.88M
$3.39M – $4.53M
NOI $271,507 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$11.17M
$9.78M – $13.03M
NOI $782,010 @ 7.0% cap · market cap 14.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Places Nearby
- Taco SAAS — 10300 Rush St, South El Monte, CA 91733
- Entertainment Catering — 1500 Chico Ave UNIT F, South El Monte, CA 91733
- POSH EVENTS LOS ANGELES — 1500 Chico Ave, South El Monte, CA 91733
- Zachihibachi — 11218 Linard St, South El Monte, CA 91733
- Eco Essential — 10161 Rush St, South El Monte, CA 91733
Location Insight
- Map
- Local Demand
- City
- South El Monte
- County
- Los Angeles
- State
- California
- Longitude
- -118.052
- Latitude
- 34.0558
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Single-story industrial property with versatile logistics, light manufacturing, and flex opportunities.
Where is this flex space located?
The property is located at 2402 Seaman Ave South El Monte, CA.
What is the asking price?
The asking price for this property is $5,490,000.
What are key features of this property?
This property features: Priced below market value.; Excellent location with easy access to FWY 10, FWY 60, and FWY 605.; Vacant ±8,800 SF unit with bonus mezzanine, suitable for owner‑user, 3PL, or flex industrial, offering immediate occupancy.
