South El Monte, CA 91733,10428 Rush ST
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South El Monte, CA 91733,10428 Rush ST
South El Monte, CA 91733,10428 Rush ST
South El Monte, CA 91733,10428 Rush ST
South El Monte, CA 91733,10428 Rush ST

$2,980,000

Est. payment /mo

$3,000,000

0.7%
Est.Price: ?

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10428 Rush ST South El Monte, CA 91733

0.5 Acres Lot

SOLD DATE : 06/16/2023

Key Details

Sold Price $2,980,000

Property Type Commercial

Sub Type Warehouse

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PF23072512

Sold Date 06/16/23

HOA Y/N No

Year Built 1968

Lot Size 0.499 Acres

Property Description

We proudly present an industrial 10,112 sq. ft. warehouse for sale at 10428 Rush Street in South El Monte, California. Located on a high traffic route in a central location near 10, 60, and 605 freeways, it is positioned well for a variety of uses for an owner user or investor. The warehouse is on a secured, gated .49 ac. (21,755 sq. ft.) yard lot with 16 parking spaces. There is a visible store front with entry to a wide reception and lobby area. Among the front interior of the building are rooms for office, conference, additional storage, and restrooms. The warehouse part of the building includes an office, men’s and women’s restrooms and two, 12’ x 12’ street level roll-up/double secured doors. The warehouse height clearance is 14' to 16'. Power is 400a/240v/3p3w. If needed, the front interior office space and warehouse can be subdivided for two different leases. The owner has spent recent capital improvements on the roof in 2019, re-piping in 2021, newer paved driveway and parking lot, HVAC, and painting. The configuration of the warehouse and the ease of ingress and egress make it suitable for many uses.

Current tenant will pay $12,320 per month IG (owner pays for property tax, insurance, and capital expenditures) through lease expiration on August 31, 2024. Market rents within the 3-mile radius of the warehouse in South El Monte is $16.00 - $18.00 psf annual and the proforma CAP rate is 4.76%.

Location

State CA

County Los Angeles

Area 657 - So. El Monte

Zoning Manufacturing

Interior

Cooling Central Air

Fireplace No

Laundry None

Exterior

Fence Block, Barbed Wire, Excellent Condition, Wrought Iron

Total Parking Spaces 16

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 8116026026

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Judy Lin Young • RubyHome Corporation
Bought with General NONMEMBER • NONMEMBER MRML

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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