Roseann Oesterreich, CRS, GRI

Downey CA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Downey, CA is $745,000. This is higher than the county median home value of $740,000. The national median home value is $277,796. The average price of homes sold in Downey, CA is $745,000. Approximately 48% of Downey homes are owned, compared to 48% rented, while 4% are vacant. Downey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Downey real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
4,526
Status:
Active
MLS#:
OC21059806
Type:
Retail
Lot size:
0.17 Acres
Year built:
1951
Courtesy: Michael Rains - RE/MAX TerraSol
View additional info

Commercial property with retail and office space located on a busy street with 50 ft frontage to Paramount Blvd, fully occupied. Two tenants are on new 3 year lease and other tenant are month to month. Rents have not been increased in years. Actual Rents are $6300 Proforma rents should be a total of $6500 per month with buyer to verify all rental information. Parking is in the rear with additional street parking in front. Close to Downey High School. Gallagher Hair salon has been a tenant for nearly 40 years. Upstairs offices are approximately 5 offices with a conference room leased to a Real Estate company. Newest tenant on 3 year lease is a well established baking supply company with several other locations. Property to be SOLD AS IS with no repair or credits to be given. NO SBA LOANS and NO 51% occupancy req

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