3570 Lexington AveEl Monte, CA 91731

Property Details for 3570 Lexington Ave

Year built

1935

Construction

TILT-UP CONCRETE

Lot size

0.34 AC

Property size (Sq ft)

5,489 SF

Zone code

EMC2*

Property type

Office properties

Property subtype

Office buildings

APN

8579-026-022

APU

8579026022

Description

This exceptional 6,000-square-foot industrial property, located at 3570 Lexington Avenue in El Monte, California (zip code 91731), presents a unique investment opportunity. Classified as a Class C building, it boasts a rich history, having served as the El Monte Post Office and later a lighting manufacturer. Built in 1935, this single-story structure offers versatile space suitable for various uses, including manufacturing, flex space, office, warehousing, restaurant, or retail. The property features a single tenancy and includes approximately 600 square feet of additional storage space distributed between a basement and attic. The warehouse area is highlighted by 24-foot ceilings and convenient loading doors. On-site amenities include enclosed parking and a yard, enhancing functionality and security. The interior comprises approximately 600 square feet of office space, three bathrooms, a mop sink, a janitorial room, and smaller storage areas, accessed via two entrances. For added convenience, free public parking is readily available across the street. This property offers a blend of historical charm and modern functionality, making it an attractive prospect for a diverse range of businesses. The property's adaptability and prime El Monte location make it a compelling investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,758,344

  6.5%

  $1,623,087

  7%

  $1,507,152

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,272,092

  Geo Method

  $1,043,788

• Alternative Use

  Use

  Valuation

  Residential

  $2,012,628

  Hospitality

  $1,843,556

  Educational

  $1,533,817

  Medical

  $1,586,568

  Retail

  $2,385,938

Location Insight

City

El Monte

County

Los Angeles

State

California

Latitude

34.0744

Longitude

-118.039

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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