8024 Allport Ave Santa Fe Springs, CA 90670

Property Details for 8024 Allport Ave

Year built

1962

Construction

TILT-UP CONCRETE

Lot size

0.60 lot acres

Property size

12,640 SF

Zone code

SSM1*

Property type

Manufacturing properties

APN

8169-005-034

APU

8169005034

Description

This exceptional Santa Fe Springs industrial property offers 27,610 square feet across two buildings on a 1.3-acre lot (APN: 8169-005-034; 8169-005-035; 8169-005-018). Zoned M1, it features 11 loading docks, ceiling heights ranging from 12 to 16 feet, and street-to-street access. Currently vacant (occupancy date 02/27/2024), this Class C property presents a compelling value-add opportunity for owner-users or investors. The asking price is $5,900,000 ($213.69/sq ft), with a pro-forma cap rate of 9.27% and NOI of $547,000. The property's layout, previously used for wood molding fabrication, warehousing, and distribution, is adaptable to various uses. Nine individual units are available, priced at $655,555.56 each. This versatile asset offers significant potential for income generation and operational expansion. The property consists of two buildings: one approximately 12,640 square feet with six roll-up doors, and another approximately 14,970 square feet with five roll-up doors. The buildings are ready for immediate occupancy and offer a rare opportunity in the Santa Fe Springs market. This is a private ownership property with no tenant credit rating.

Location Insight

City

Santa Fe Springs

County

Los Angeles

State

California

Longitude

-118.064

Latitude

33.9694

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments