$3,550,000
$3,350,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
12450 Lakeland Rd Santa Fe Springs, CA 90670
11,232 SqFt
Key Details
Sold Price $3,550,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 11,232 sqft
Price per Sqft $316
MLS Listing ID 25558941
Year Built 1979
Lot Size 0.491 Acres
Property Sub-Type Industrial
Property Description
*Can be delivered Vacant* Freestanding 11,232 SF industrial building on 21,263 SF of land in the highly sought-after Santa Fe Springs industrial corridor1520 ft clear height, two grade-level loading doors, and concrete tilt-up construction for optimal operational efficiency Ample 25+ surface parking spaces, and convenient truck access off Lakeland Rd Excellent connectivity to the 5, 605, and 105 freeways, with close proximity to major logistics players like Fashion Nova, FedEx Ground, and McMaster-Carr Current tenant is month-to-month, paying significantly below-market rent ($0.49/SF), creating immediate value-add upside. Building features FA heating and CAC cooling in the office area, standard public utilities (including gas), and updated restrooms Strategically positioned in a submarket with sub-3% vacancy, consistent rent growth, and minimal supply pipeline Ideal for owner-users, 1031 exchange buyers, or investors seeking stabilization and long-term appreciation
Location
State CA
County Los Angeles
Area Santa Fe Springs
Zoning SSM2-BP*
Interior
Heating Forced Air
Laundry None
Exterior
Garage Spaces 25.0
Others
Special Listing Condition Standard
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Bought with Fred Leeds Asset Group Inc.