Property summary
This exceptional multi-tenant industrial property in Santa Fe Springs, CA, presents a rare investment opportunity. Located at 12631 Los Nietos Rd, this property boasts 19,000 square feet across five units, all currently leased with month-to-month agreements expiring December 31, 2023, offering immediate income potential. The property sits on a substantial 57,408 square foot lot and benefits from a prime location with convenient access to the 605, 5, and 60 freeways. Zoned M2 - Heavy Industrial, this property is ideal for owner-occupiers or investors seeking a stable, cash-flowing asset. The asking price is $4,750,000 ($258/sq ft, $980,000/unit). Built in 1977, the property includes two APNs: 8167-002-003 and 8167-002-024. This is a first-time market offering since 1974, representing a unique chance to acquire a well-situated, multi-tenant industrial complex in a thriving Southern California market. The property's size, location, and current tenancy make it an attractive proposition for a variety of investment strategies. The gross lease structure simplifies management, and the month-to-month tenancies provide flexibility for future planning. Don't miss this chance to secure a valuable asset in a high-demand area.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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Zoning
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