Property profile

1616 Beach St Montebello, CA 90640

FOR LEASE
Warehouses
Property ID
US09-7357093
35,560 SF 1.15 ac lot Built 1975
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Door Warehouse

Location

1616 Beach St Montebello, CA 90640
Montebello metro Census 532001 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.82M
CAP Approach CAP
$7.12M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.87M

Owner & transaction history

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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