Remodeled Warehouse with Fenced
For Sale
Contact for pricing
2532 Seaman Ave, South El Monte, CA
Remodeled warehouse featuring concrete paved yards and gated access.
Property Size7,308 SF
Lot Size0.28 Acres
Price / SF$270.94
Days on Market343
Property Features for 2532 Seaman Ave
General Information
Standard status
Active
Size
7,308 SF
Lot size
0.28 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Ashwill Associates
(626) 363-7858
Listed By:
David Brackmann
(626) 363-7858
Source:
Moodyscre
Added: Sep 22, 2025
Changed: Aug 14
Last Checked: Aug 29 at 7:56AM
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 Ashwill Associates
Investment Insights
Based on property information with market context.
This is a 7,308 square foot warehouse building that has been fully remodeled. The warehouse features a clear span with a minimum clearance of 16 feet. The property includes concrete paved yards, with the rear yard fenced and gated. Ground level doors are located in both the front and back of the building, providing good access.
Key Highlights
- 100% Remodeled Building
- Clear Span 16' Minimum Clearance Warehouse
- Ground Level Doors in Front and Back for Good Access
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
$95,091
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
4.80%
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%
$1,901,820
$1.9M
Cap Rate 7%
$1,358,443
$1.4M
Cap Rate 9%
$1,056,567
$1.1M
Market Conditions
NOI Build-Up for 7,308 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
$117.5K $16.08/SF
− Vacancy
−$5.6K −$0.77/SF
EGI
$111.9K $15.31/SF
− OpEx
−$16.8K −$2.30/SF
NOI
$95.1K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
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%
$1,901,820
Cap Rate 7%
$1,358,443
Cap Rate 9%
$1,056,567
Alternative Uses
Best Use
Warehouse
$1.36M
$1.19M – $1.58M
NOI $95,091 @ 7.0% cap · market cap 4.80%
Second Best
Industrial
$1.22M
$1.07M – $1.42M
NOI $85,402 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$3.91M
$3.42M – $4.56M
NOI $273,887 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,036
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Royal Imaging — 2220 Santa Anita Ave, South El Monte, CA 91733
- Coast Machinery Movers — 2431 Chico Ave, South El Monte, CA 91733
- Angel's City Towing — 3102 Seaman Ave, El Monte, CA 91733
- Self-Storage at U-Haul — 10704-28 Garvey Ave, El Monte, CA 91733
Frequently Asked Questions
What type of property is this?
Warehouse - Remodeled warehouse featuring concrete paved yards and gated access.
Where is this warehouse located?
The property is located at 2532 Seaman Ave South El Monte, CA.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: 100% Remodeled Building; Clear Span 16' Minimum Clearance Warehouse; Ground Level Doors in Front and Back for Good Access
