Office and Workshop Flex
4935-4937 Encinita Ave Temple City, CA 91780
4935-4937 Encinita Ave, Temple City, CA, 91780
$2,200,000
For Sale
$2,200,000
Two buildings offer renovated office space and a workshop with outdoor area and abundant parking.
Property Size5,600 SF
Price / SF$392.86
Days on Market185
Property Features for 4935-4937 Encinita Ave
General Information
- Standard status
- Active
- Size
- 5,600 SF
Listing agency
Engvest Group - eXp Commercial
(310) 406-6767
Listed by
Charles Swanberg · License #00973712
(310) 406-6767
Source
Expcommercial
Added: Jan 18 Updated: Jul 21 at 3:23AM Checked: Jul 21 at 3:23AM
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 Engvest Group - eXp Commercial
Investment Insights
Based on property information with market context.
This property includes two commercial buildings configured for a combined office and workshop use. The front building has been newly remodeled with substantially upgraded, turnkey office space, while the back building functions as a workshop with outdoor space.
Located near the interstate within a high-traffic community, the site offers access to convenient regional connectivity. The offering is presented as a desirable location with limited supply of similar properties for sale, along with abundant parking for tenant use.
The office building totals 3,600 SF, and the workshop building provides 2,000 SF of workshop space. The seller notes development potential based on proximity to the interstate.
Located near the interstate within a high-traffic community, the site offers access to convenient regional connectivity. The offering is presented as a desirable location with limited supply of similar properties for sale, along with abundant parking for tenant use.
The office building totals 3,600 SF, and the workshop building provides 2,000 SF of workshop space. The seller notes development potential based on proximity to the interstate.
Key Highlights
- Two commercial buildings with 3,600 SF office space and 2,000 SF workshop space, plus outdoor space
- Front building features fully renovated office space previously used as a construction company headquarters
- Back building is a workshop with outdoor space
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 | $215.0k | $38.40 |
| − Vacancy | −$51.8k | −$9.25 |
| EGI | $163.2k | $29.15 |
| − OpEx | −$40.8k | −$7.29 |
| NOI | $122.4k | $21.86 |
5,600 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.75M
$1.53M – $2.04M
NOI $122,412 @ 7.0% cap · market cap 5.56%
Second Best
Industrial
$934.9K
$818.0K – $1.09M
NOI $65,442 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$3.00M
$2.62M – $3.50M
NOI $209,875 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two buildings offer renovated office space and a workshop with outdoor area and abundant parking.
Where is this flex space located?
The property is located at 4935-4937 Encinita Ave Temple City, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Two commercial buildings with 3,600 SF office space and 2,000 SF workshop space, plus outdoor space; Front building features fully renovated office space previously used as a construction company headquarters; Back building is a workshop with outdoor space
