The subject properties are located at 8342, 8348 and 8354 Secura Way [a private street] in Santa Fe Springs, California. The portfolio consists of three industrial buildings on separate legal parcels. The three buildings are each 1-story, built between 1966 and 1969, they are light industrial buildings configured in sizes ranging from 4,745 to 5,653 building SF on lot sizes ranging from 12,433 to 14,027 SF, with 16’ foot clear building height and 12-19% of built-out office space for each building. Each building is in average condition, industrial, concrete block construction with concrete foundations, configured with restroom facilities (two to three ½ bathrooms), over-head loading doors, HVAC or wall a/c units for the office spaces, space heaters for warehouse areas, and adequate surface parking for potential uses in front of each building. The portfolio is ideally suited for an investor or owner-user for a variety of light industrial and general warehousing potential uses. The properties are located on rectangular lots, adjacent to one another, within a conforming light industrial neighborhood of Santa Fe Springs (Whittier). Santa Fe Springs is one of the Gateway Cities of Southeast Los Angeles County, and largely made up of light industrial use properties. The industrial vacancy rate in the area is exceptionally low [approx. 1.2% by some estimates within the past three years] and demand is strong for these style and sizes of buildings. The buildings were previously occupied by a private jet parts manufacturer that closed around 2020. All buildings will be delivered vacant; Topography of subject properties is near level and at street grade; Roofing is flat with rolled or built up composition. Electrical is 440 AMPS for all three buildings; Zoning: M1 (general light industrial zoning)
Stats:
• APN 8168-026-012 8354 Secura Way, Santa Fe Springs: 5,643 SF industrial building on approx. 14,027 SF lot Frontage on Secura Way approx. 62 feet / 9 surface parking spaces
• APN 8168-026-013 8348 Secura Way, Santa Fe Springs: 4,745 SF industrial building on approx. 12,451 SF Lot Frontage on Secura Way approx. 55 feet / 15 surface parking spaces
• APN 8168-026-014 8342 Secura Way, Santa Fe Springs: 5,308 SF industrial building on approx. 12,433 SF lot Frontage on Secura Way approx. 55 feet / 9 surface parking spaces.