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    2113 Rosemead Boulevard

    South El Monte, CA 91733
    • $1,781,001 - $1,838,888
    • STATUS: Active
    • ON SITE: 92 days
    • ID#: WS20125761
    UPDATED: 40 min ago
    $1,781,001 - $1,838,888
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,800
      SQFT
    • $317
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:

    School Ratings & Info

    Description

    CBD IIMVESTMENTS, INC. IS PROUD TO PRESENT AN EXCLUSIVE LISTING FOR KIMSE AUTO SALE. THERE ARE FOUR BUILDINGS: (AUTO SALE-2113), (AUTO REPAIR-2115), (TOUCH-UP AUTO COLLISION INC-2117 AND 2119) LOCATED ON THE VERY HIGH CALIBER TRAFFIC THOROUGFARE, APPROXIMATE 45,000 CARS PER DAY PASSED THROUGHED ON ROSEMEAD BLVD. CITY OF SO EL MONTE, BUT ADJACENT TO ROSEMEAD CITY AND SAN GABRIEL. BUSINESS VENUES INCLUDES: 7/11 STORE, STARBUCKS, CAR WASH, SUPERMARKET, AND CONVENNIENCES ACCESS TO FWY 10 AND 60. CURENT TENANT IS GROSS MODIFIED LEASED ON TWO YEARS TERMS (LEASE END ON JUNE 30, 2021) OF BUILDINGS 2117 AND 2119 FOR $6800 PER MONTH. THE OTHER TWO BUILDINGS ON 2113 AND 2115 IS CURRENTLY OCCUPIED BY OWNER, WHEN IT IS VACANT, WHICH COULD BE POTENTIALLY LEASE FOR AN ADDITIONAL RENTAL INCOME PER MONTH ON MARKET RATE. THE PRO-FORMA PROJECTS TO BE ABOVE 7% NET CAP. PLEASE DO NOT DISTURB TENANT AND OWNER, DRIVE BY ONLY, SUBJECT TO INSPECTION AFTER OFFER ACCEPTANCED. PLEASE EMAIL BUYERS' PROOF OF FUNDS AND DIRECT LENDER DU APPROVAL LETTER WHEN SUBMITTING OFFER.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T15:34:29.86. 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 deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/107320745
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    2113 Rosemead Boulevard South El Monte, CA 91733

    • Price: $1,781,001 - $1,838,888
    • Status: Active
    • Updated: 40 min ago
    • ID#: WS20125761
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    5,800
    SQFT
    $317
    $/SQFT
    1940
    Built
    Neighborhood:
    657 - So. El Monte
    County:
    Los Angeles
    Area:
    657 - So. El Monte
    Property Description
    CBD IIMVESTMENTS, INC. IS PROUD TO PRESENT AN EXCLUSIVE LISTING FOR KIMSE AUTO SALE. THERE ARE FOUR BUILDINGS: (AUTO SALE-2113), (AUTO REPAIR-2115), (TOUCH-UP AUTO COLLISION INC-2117 AND 2119) LOCATED ON THE VERY HIGH CALIBER TRAFFIC THOROUGFARE, APPROXIMATE 45,000 CARS PER DAY PASSED THROUGHED ON ROSEMEAD BLVD. CITY OF SO EL MONTE, BUT ADJACENT TO ROSEMEAD CITY AND SAN GABRIEL. BUSINESS VENUES INCLUDES: 7/11 STORE, STARBUCKS, CAR WASH, SUPERMARKET, AND CONVENNIENCES ACCESS TO FWY 10 AND 60. CURENT TENANT IS GROSS MODIFIED LEASED ON TWO YEARS TERMS (LEASE END ON JUNE 30, 2021) OF BUILDINGS 2117 AND 2119 FOR $6800 PER MONTH. THE OTHER TWO BUILDINGS ON 2113 AND 2115 IS CURRENTLY OCCUPIED BY OWNER, WHEN IT IS VACANT, WHICH COULD BE POTENTIALLY LEASE FOR AN ADDITIONAL RENTAL INCOME PER MONTH ON MARKET RATE. THE PRO-FORMA PROJECTS TO BE ABOVE 7% NET CAP. PLEASE DO NOT DISTURB TENANT AND OWNER, DRIVE BY ONLY, SUBJECT TO INSPECTION AFTER OFFER ACCEPTANCED. PLEASE EMAIL BUYERS' PROOF OF FUNDS AND DIRECT LENDER DU APPROVAL LETTER WHEN SUBMITTING OFFER.
    Exterior Features

    Construction Materials ConcreteDrywall WallsFrame Lot Features Lot 10000-19999 Sqft Lot Size Dimensions 75X209.50 Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 3.63 Country Us Electric Electricity - On Property Expense Year 2019 Gross Scheduled Income 81600.00 Insurance Expense 4800.00 Land Lease YN No Land Use Industrial Laundry YN No Leasable Area Units Square Feet Living Area Source Public Records Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 65008.00 Operating Expense 16592.00 Other Expense 2016.00 Property Sub Type Industrial Real Estate Tax Expense 9776.00 Special Listing Conditions Standard Tax Annual Amount 9776.00 Tax Year 2019 Utilities Water Connected Water Source Public

    Listing provided courtesy of Martin Kwok of Coldwell Banker Dynasty/Tc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T15:34:29.86. 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 deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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    5923 Severin Drive
    La Mesa CA, 91942