8321-8327 Firestone Blvd
Downey, CA 90241
Downtown Downey Firestone Blvd Shops · Retail Property For Sale
Property Facts
About 8321-8327 FIRESTONE BLVD , DOWNEY, CA 90241
Reyn & Erik of Beach & Urban Commercial are pleased to present an exclusive listing for a Charming Strip-Retail Commercial Asset located on the bustling and revitalized Firestone Blvd! The property’s location is second to none in the city for retail property. Located between Downey Ave & Brookshire Ave on the North side of Firestone Blvd. This very busy part of the boulevard see’s an average traffic count of 30,000 cars per day. Due to the superb location, the properties retail space is highly sought after for local brick & mortar businesses. The property is walking distance from LA’s famous Porto’s Bakery & Café (approx. 1 block). The property is split into 4 retail units: Hookah Hub Lounge, Alma’s Beauty Shop, Tita’s Bridal Gallery and The Pride by Her Nail Solon. Current rental rates are approximately 30-50% below market rates. A new investor may have an opportunity to reposition the asset to maximize their return. Located in such a premium location, this asset will surely see strong growth in rents as time goes on.
Property Taxes
| Parcel Number | 6254-020-014 | Improvements Assessment | $848,966 |
| Land Assessment | $1,379,570 | Total Assessment | $2,228,536 |
Property Taxes
