For Sale
$1,600,000
2714 Seaman, El Monte, CA 91733
Warehouses
Property Size3,144 SF
Lot Size0.23 Acres
Price / SF$508.91
Days on Market115
Property Features for 2714 Seaman
General Information
Standard status
Active
Size
3,144 SF
Lot size
0.23 Acres
Property subtype
Industrial
Building Details
Building Size
3,144 SF
Year Built
2006
Listing Agency:
1 Stop Realty LLC
(626) 625-5416
Listed By:
LAN TRAN · License #01791429
(626) 625-5416
Source:
Elliman
Added: Apr 24
Changed: Aug 14
Last Checked: Aug 14 at 8:10AM
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 1 Stop Realty LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Modern warehouse constructed in 2006
- 3,144 square feet of building area on a 10,168 square foot lot
- Ideal for owner‑user or investor
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
$47,426
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
2.96%
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%
$948,520
$948.5K
Cap Rate 7%
$677,514
$677.5K
Cap Rate 9%
$526,956
$527.0K
Market Conditions
NOI Build-Up for 3,144 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
$59.6K $18.96/SF
− Vacancy
−$3.8K −$1.21/SF
EGI
$55.8K $17.75/SF
− OpEx
−$8.4K −$2.66/SF
NOI
$47.4K $15.08/SF
Area
El Monte, CA
Vacancy
6.40%
Lease Rate
$18.96 /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%
$948,520
Cap Rate 7%
$677,514
Cap Rate 9%
$526,956
Alternative Uses
Best Use
Warehouse
$677.5K
$592.8K – $790.4K
NOI $47,426 @ 7.0% cap · market cap 2.96%
Second Best
Industrial
$558.0K
$488.2K – $651.0K
NOI $39,057 @ 7.0% cap · market cap 2.44%
Theoretical Best
Multifamily LT 5
$59.74M
$52.27M – $69.70M
NOI $4,181,906 @ 7.0% cap · market cap 261.37%
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
Demographics for 91733, CA
41,990
Population
11,172
Households
3.8
Avg Household Size
36
Median Age
11%
College-Educated
56%
High-School Grad
6.7 sq mi
ZIP Area
6,267
Density / Sq Mi
$67,245
Median Household Income
$32,486
Median Earnings
$1,658
Median Rent
$601,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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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
- Self-Storage at U-Haul — 10704-28 Garvey Ave, El Monte, CA 91733
- Angel's City Towing — 3102 Seaman Ave, El Monte, CA 91733
Frequently Asked Questions
Where is this warehouse located?
The property is located at 2714 Seaman El Monte, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Modern warehouse constructed in 2006; 3,144 square feet of building area on a 10,168 square foot lot; Ideal for owner‑user or investor
