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10231 Old River School Rd 1,600 SF Retail Building Downey, CA 90241 $750,000 ($468.75/SF) 5.60% Cap Rate
Investment Highlights
- Traffic: 46,622 cars per day on Florence Ave & Pomering Rd SE
- Phase 1 & 2 Completed March 2026
- NNN Lease w/ Existing Income in place
Executive Summary
Phase 1 & Phase 2 completed in March 2026. Results provided a Clean Soil Report. Can provide Buyer a copy of Phase 1 & 2 upon request.
SELLER FINANCING POSSIBLE | 50% + down payment | 2 year balloon | Interest Rate depends on Buyer credit/financials
+/- 1,600 SF Bldg. | +/- 0.17 Acre Lot
Leased Investment | 5.6% Cap Rate
Lease currently expires Nov 30, 2027 (tenant could potentially extend)
PROPERTY HIGHLIGHTS
Building Size: +/- 1,600 SF Free Standing Building
Lot Size: +/- 0.17 AC (+/- 7,405 SF) parcel
Commercial (C-1) Zoned with Mixed Use Overlay (confirm with City)
Private Gated Parking Lot/Yard - Concrete
One (1) Ground Level Door
Traffic: 46,622 cars per day on Florence Ave & Pomering Rd SE
INVESTMENT DETAILS
Established Tenant for 10+ years
2-10 year NNN Leased Investment (Call for Details)
Monthly Net Income of $3,500.00
Net Operating Income of $42,000.00
Tenant Responsible for all expenses and maintenance at the property
Excellent Single Tenant Investment Opportunity
SELLER FINANCING POSSIBLE | 50% + down payment | 2 year balloon | Interest Rate depends on Buyer credit/financials
+/- 1,600 SF Bldg. | +/- 0.17 Acre Lot
Leased Investment | 5.6% Cap Rate
Lease currently expires Nov 30, 2027 (tenant could potentially extend)
PROPERTY HIGHLIGHTS
Building Size: +/- 1,600 SF Free Standing Building
Lot Size: +/- 0.17 AC (+/- 7,405 SF) parcel
Commercial (C-1) Zoned with Mixed Use Overlay (confirm with City)
Private Gated Parking Lot/Yard - Concrete
One (1) Ground Level Door
Traffic: 46,622 cars per day on Florence Ave & Pomering Rd SE
INVESTMENT DETAILS
Established Tenant for 10+ years
2-10 year NNN Leased Investment (Call for Details)
Monthly Net Income of $3,500.00
Net Operating Income of $42,000.00
Tenant Responsible for all expenses and maintenance at the property
Excellent Single Tenant Investment Opportunity
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,600 SF
Building Class
C
Year Built
1941
Price
$750,000
Price Per SF
$468.75
Cap Rate
5.60%
NOI
$42,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.17 AC
Zoning
DOC1* - Commercial (C-1) Zoned with Mixed Use Overlay (confirm with City)
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6229-002-004 | Improvements Assessment | $36,252 |
| Land Assessment | $46,791 | Total Assessment | $83,043 |
Property Taxes
Parcel Number
6229-002-004
Land Assessment
$46,791
Improvements Assessment
$36,252
Total Assessment
$83,043
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10231 Old River School Rd
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