Historical Office Sale Listing - REO Office Building in Downey!!!

Office For Sale

This Office property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Office For Sale, Downey, CA or California

REO Office Building in Downey!!!

9900 Lakewood Blvd., Downey, CA 90240

N/A

16,092 SF | Office

  • Print

REO Office Building in Downey!!!

Office Property - Off Market

Price:
N/A
Building Size:
16,092 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Distressed:
Yes
Commission Split:
3%
Cap Rate:
7.50%
Occupancy:
60%
No. Stories:
2
Tenancy:
Multiple
Year Built:
1964
Lot Size:
30,056 SF
Listing ID
16175164
Last Updated
over 1 year ago

Description

The subject property is a bank-owned two-story professional office building located in freeway close Downey. The office building is on one of Downey' s busiest main streets. Built in 1964 on a 30,052 sq. ft. lot, the building has 16,092 sq. ft. of gross area and 14,590 sq. ft. of rentable space. It currently has 29 office suites. This investment offers an investor safety with upside potential in renting small vacant space or perfect for an Owner/User. The property also has ample parking.

Downey's strategic location offers effortless access to either Downtown Los Angeles or all parts of Orange County. Surrounded by major freeways, the Santa Ana (I-5), Long Beach (I-710) and San Gabriel Freeway (I-605), and is adjacent to the Riverside Freeway(SR-91) and the Century Freeway (I-105). From Downey, these routes provide access to all of metropolitan Los Angeles, Orange County, as well as other major markets in California. A small town, yet conveniently located in the heart of a great metropolitan area. It is a city with a strong business community and a commitment to helping local businesses grow with stable middle-class neighborhoods that have stood the test of time. With ready access to markets and jobs throughout Southern California. And it is a city where local government, local residents, and local institutions work together to create a vibrant and successful community life.

Map of 9900 Lakewood Blvd., Downey, CA 90240 (Los Angeles County)

Research for 9900 Lakewood Blvd., Downey, CA 90240 (Los Angeles County)

  • Demographics – Population, income & other demographics near 9900 Lakewood Blvd.
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building