11223 Old River School Road

    Downey, CA 90241
    • $1,295,000
    • STATUS: Active
    • ON SITE: 127 days
    • ID#: PW19167767
    UPDATED: 69 min ago
    $1,295,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,828
      SQFT
    • $338
      $/SQFT

    School Ratings & Info

    Description

    Great owner/user opportunity. Free standing, multi-tenant, retail/office building on a major intersection in Downey. Property is located on Old River School Road and Firestone Boulevard, signalized corner lot with heavy traffic. Property is split into three (3) separate units; 100% occupied with M2M tenants; (2) separate electrical meters. Many possible uses permissible: restaurant and cafes, retail, office, medical office, animal groom, parking, etc. (verify) Note: +/- 6,292 sf of lot is leased land from Union Pacific Railroad Company (UPRRC). Agreement is renews annually. Sellers generate additional income by renting on-site storage units and parking spaces.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-20T15:32:02.083. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/96915614

    11223 Old River School Road Downey, CA 90241

    • Price: $1,295,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: PW19167767
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    3,828
    SQFT
    $338
    $/SQFT
    1945
    Built
    Neighborhood:
    D2 - Northwest Downey, N of Firestone, W of Downey
    County:
    Los Angeles
    Area:
    D2 - Northwest Downey, N of Firestone, W of Downey
    Property Description
    Great owner/user opportunity. Free standing, multi-tenant, retail/office building on a major intersection in Downey. Property is located on Old River School Road and Firestone Boulevard, signalized corner lot with heavy traffic. Property is split into three (3) separate units; 100% occupied with M2M tenants; (2) separate electrical meters. Many possible uses permissible: restaurant and cafes, retail, office, medical office, animal groom, parking, etc. (verify) Note: +/- 6,292 sf of lot is leased land from Union Pacific Railroad Company (UPRRC). Agreement is renews annually. Sellers generate additional income by renting on-site storage units and parking spaces.
    Exterior Features

    Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Asset Class IndustrialOfficeRetailSpecialty Building Area Units Square Feet Building Status Existing Country Us Land Use IndustrialOfficeRetail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 3 Property Sub Type Retail Special Listing Conditions Standard Water Source Public Zoning C-1

    Listing provided courtesy of Gary Martinez of Ashwill Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-20T15:32:02.083. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
     
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