10428 Rush Street, South El Monte, CA 91733
Commercial property
Sold June 2023
Listing Agent: Judy Lin Young (DRE #01914120) · Listing Office: RubyHome Corporation · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #PF23072512 · Source: CRMLS
About this commercial property
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%.
Listing description from the June 2023 sale, as reported to CRMLS.
Sale history