11019 Schmidt Rd
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11019 Schmidt Rd
1,720 SF Industrial Building El Monte, CA 91733 $699,000 ($406/SF) 6% Cap Rate
Investment Highlights
- Free-Standing Warehouse Building
- Great Owner User / Investment Opportunity
- Privacy Gate, 2 Restrooms With Huge Office and Warehouse Spaces
Executive Summary
Rare opportunity to own this gated free-standing Warehouse located on Schmidt Road in North El Monte. This single-level of ±1,720 SqFt Building was renovated in 2017/2019 to display a modern look. With proximity to the 10/60/605 FWY, this warehouse building features a huge office space (±1,100 SqFt), warehouse (±620 SqFt), 2 restrooms, Central HVAC, and Swamp Cooler. Great opportunity for owner/user investment, ideal for a variety of uses including warehousing, distribution, office, retail/wholesale, light manufacturing, etc. Gated parking area that can park up to 5-6 vehicles, and 10' Ft ceiling height & GL door for loading on a ± 3,985 SqFt lot.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$50,400
|
$29.30
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $50,400 |
| Annual Per SF | $29.30 |
Property Facts
| Price | $699,000 | Rentable Building Area | 1,720 SF |
| Price Per SF | $406 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1946/2017 |
| Cap Rate | 6% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.91/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 10 FT |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.09 AC |
| Price | $699,000 |
| Price Per SF | $406 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.09 AC |
| Rentable Building Area | 1,720 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1946/2017 |
| Tenancy | Single |
| Parking Ratio | 2.91/1,000 SF |
| Clear Ceiling Height | 10 FT |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Fenced Lot
- Car Charging Station
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - City
1 of 1
Walk Score ®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 8105-014-010 | Improvements Assessment | $167,504 |
| Land Assessment | $456,735 | Total Assessment | $624,239 |
PROPERTY TAXES
Parcel Number
8105-014-010
Land Assessment
$456,735
Improvements Assessment
$167,504
Total Assessment
$624,239
zoning
| Zoning Code | EMM1 (MM1 Zoning Provides A Variety of Usage including: Light Industrial, Warehousing, Distribution, Wholesale, and etc.) |
| EMM1 (MM1 Zoning Provides A Variety of Usage including: Light Industrial, Warehousing, Distribution, Wholesale, and etc.) |
-
Danny Hy -
Pinnacle Real Estate Group
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11019 Schmidt Rd
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