10503-10507 Valley Boulevard

    El Monte, CA 91731
    • $12,300,000
    • STATUS: Active
    • ON SITE: 97 days
    • ID#: AR18142078
    UPDATED: 64 min ago
    $12,300,000
    • 0
      BEDS
    • 2.81
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 90,243
      SQFT
    • $136
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1973
    County:

    School Ratings & Info

    Description

    SUBMIT OFFERS TODAY! Pacific Place is a commercial officeplaza located in the city of El Monte. The property has a wide +-320feet street frontage on the highly desirable Valley Blvd. Valley Blvdis considered the main and prime retail corridor for several cities(Alhambra, San Gabriel, Rosemead, and El Monte) in San GabrielValley and the flow of foreign capitaland local investments have spurredrapid growth and new developmentin the past decade.The property has a +-50 ft (possiblyhigher) high monument sign thatprovides additional exposure. Thetraffic count for this location isaveraging +-24,660 vehicles per day.The complex is situated on +-2.81 acresof land (+-122,449 SF) in the ForeignTrade Zone, which provided an arrayof benefits for the business located on the zone, making it an ideallocation for import/export businesses.The complex consists of 3 commercial buildings with shared parkingarea. Building 10503 is a +-11,453 SF single-story office building thatis occupied by a single tenant on a long-term lease. Building 10505is a +-49,987 SF two-story office building that is currently leasedto multiple tenants. The north and east side of this building haveloading docks with roll-up door. Building 10507 is a +-25,223 SF twostoryoffice building that is leased to multiple tenants. Parking isprovided by 189 parking spaces that are spread out betweenmiddle and sides of the property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-20T13:32:54. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84646365

    10503-10507 Valley Boulevard El Monte, CA 91731

    • Price: $12,300,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: AR18142078
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.81
    Acres
    90,243
    SQFT
    $136
    $/SQFT
    1973
    Built
    Neighborhood:
    619 - El Monte
    County:
    Los Angeles
    Area:
    619 - El Monte
    Property Description
    SUBMIT OFFERS TODAY! Pacific Place is a commercial officeplaza located in the city of El Monte. The property has a wide +-320feet street frontage on the highly desirable Valley Blvd. Valley Blvdis considered the main and prime retail corridor for several cities(Alhambra, San Gabriel, Rosemead, and El Monte) in San GabrielValley and the flow of foreign capitaland local investments have spurredrapid growth and new developmentin the past decade.The property has a +-50 ft (possiblyhigher) high monument sign thatprovides additional exposure. Thetraffic count for this location isaveraging +-24,660 vehicles per day.The complex is situated on +-2.81 acresof land (+-122,449 SF) in the ForeignTrade Zone, which provided an arrayof benefits for the business located on the zone, making it an ideallocation for import/export businesses.The complex consists of 3 commercial buildings with shared parkingarea. Building 10503 is a +-11,453 SF single-story office building thatis occupied by a single tenant on a long-term lease. Building 10505is a +-49,987 SF two-story office building that is currently leasedto multiple tenants. The north and east side of this building haveloading docks with roll-up door. Building 10507 is a +-25,223 SF twostoryoffice building that is leased to multiple tenants. Parking isprovided by 189 parking spaces that are spread out betweenmiddle and sides of the property.
    Exterior Features

    Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features See Remarks Office Class C

    Property Features

    Additional Parcels YN No Asset Class IndustrialOffice Building Area Units Square Feet Building Status Existing Business Type AccountingAdministrative And SupportAdvertisingClothingCommercialComputerConstruction/ContractorDance StudioDecoratorDistributionEducation/SchoolElectronicsEmploymentFinancialFurnitureGift ShopGovernmentHardwareHealth ServicesHobbyHome CleanerIndustrialJewelryManufacturingMedicalMulti-TenantOffice SupplyOtherProfessional ServiceProfessional/OfficeReal EstateRecreationRegional CenterShowroomSpecial UseToysTransportationTravelWarehouseWholesale Cap Rate 4.07 Country Us Industrial Type Warehouse/DistributionWarehouse/Office Investment Property YN Yes Land Lease YN No Land Use Office Laundry YN Yes Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Office Special Listing Conditions Standard Water Source See Remarks Year Built Source Assessor

    Listing provided courtesy of Justin Mccardle of Gig Real Estate Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-20T13:32:54. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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