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Property profile & analytics
OFF-MARKET Estimated value $7,540,000
Warehouses

1616 Bch St Montebello, CA 90640-5433

35,560 SF 1.15 ac lot Built 1975
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7357093
Property summary
AI-generated overview

This exceptional 35,418-square-foot warehouse, located at 1616 Beach St, Montebello, CA 90640, presents a significant opportunity for businesses seeking ample space in the AIR - Commerce/Vernon submarket of Los Angeles County. The single-story building, constructed in 1975, sits on a 1.15-acre lot and boasts a 21-foot ceiling height, providing generous vertical clearance for storage or operations. The property features eight dock-high doors and one loading dock, ensuring efficient loading and unloading of goods. Ample parking is available with 25 spaces on-site. The warehouse is currently vacant, offering immediate occupancy for a new tenant. The property's electrical service is robust, with 2400 amps, 240 volts, and a 3-phase system. Zoned M-1, the property is well-suited for a variety of industrial uses. The property's address is 1616 Beach St, cross streets S Vail Ave/Beach St, and its Assessor's Parcel Number (APN) is 6353002007. This location offers easy access to major transportation routes, making it an attractive option for businesses needing convenient logistics. The entire 35,418 square feet is available for lease.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1975
Construction WOOD
Total area 35,560 SF
Lot 1.15 ac (50,262 SF)
Zoning code MNM1*
APN 6353-002-007
UPID US09-7357093
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • TIPTOP SUPPLY CHIAN MANAGEMENT INC. Door Warehouse
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.82M
CAP Approach CAP
$7.12M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.54M
Owner & transaction history
Razmer 3 LLC · 5 yrs held
Razmer 3 LLC
since 2021
Last sale
$7.4M
6 recorded transactions
2021
Price N/A
2018
$7.4M
1999
Price N/A
1999
Price N/A
1994
Price N/A
1993
Price N/A
Zoning & alternative use
MNM1* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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