220 California AveCity of Industry, CA 91744
- Warehouses
- 20,520 SF
Property Details for 220 California Ave
- Year built
- 1977
- Property size (Sq ft)
- 20,520 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a 20,520-square-foot manufacturing and warehouse building situated on a substantial 45,721-square-foot lot in the City of Industry, California. The property boasts a desirable 8.24% cap rate, generating a strong net operating income (NOI) of $492,480. Currently operating at 100% occupancy since November 20, 2023, this single-story, 1977-built structure offers significant potential for long-term returns. The building features two dock-high doors, facilitating efficient loading and unloading, and a generous 16-foot ceiling height, ideal for various industrial uses. The property is zoned for industrial use and is conveniently located at 220 N California Ave, City of Industry, CA 91744, within Los Angeles County. Its ample lot size provides abundant parking, further enhancing its operational efficiency. This net lease property offers a secure and profitable investment opportunity in a prime industrial location. The APN is 8208-011-021. The asking price is $5,975,000.
Location Insight
- City
- City of Industry
- County
- Los Angeles
- State
- California
- Latitude
- 34.0325
- Longitude
- -117.967
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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