3007 Sastre Ave El Monte, CA 91733-1215
- Automotive properties
- 3,576 SF
- 0.28 lot acres
Current Use by Public Records
- Automotive properties
Property Details for 3007 Sastre Ave
- Year built
- 1935
- Construction
- WOOD
- Lot size
- 0.28 lot acres
- Property size
- 3,576 SF
- Zone code
- EMM1*
- Property type
- Automotive properties
- APN
- 8581-017-001
- APU
- 8581017001
Description
This exceptional investment opportunity presents a 3,576 sq ft mixed-use property situated on a large 12,115 sq ft corner lot in El Monte, CA (91733), at 3007 Sastre Ave. The property boasts a 3-bedroom, 1-bathroom home (built in 1935), two concrete block repair bays, and a smog station, all currently leased on short-term month-to-month agreements, generating consistent income. The rear portion of the property is less than twenty years old. This location offers significant advantages, including a high traffic count exceeding 40,000 vehicles daily, excellent walkability and transit scores with nearby amenities, and easy freeway access. The property benefits from multi-use zoning, adaptable to various uses, and importantly, includes one of the last grandfathered conditional use permits for automotive use in El Monte, eliminating the need for a new CUP. The property features exposed egress and ingress with multiple access points, enhancing its operational flexibility. Located in a revitalizing area of Garvey Avenue, this presents a strong long-term investment prospect with a 6.00% cap rate and an asking price of $1,999,000. All information is deemed reliable but not guaranteed.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,170,000
- 6.5%
- $1,265,000
- 7%
- $1,210,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,420,000
- Geo Method
- $1,250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,000,000
- Retail
- $1,015,000
- Mixed-Use
- $1,210,000
- Hospitality
- $1,160,000
- Educational
- $1,265,000
- Residential Income
- $1,115,000
- Energy
- $1,095,000
- Income-Based Land
- $1,350,000
- Food Service
- $1,280,000
Location Insight
- Map
- Local Demand
- City
- El Monte
- County
- Los Angeles
- State
- California
- Longitude
- -118.055
- Latitude
- 34.0631
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
