Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downey Commercial Building For Sale Title is generated by Realmo AI

    9701 Boulevard, Downey, CA 90240

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Commercial building in Downey, with ample space and parking.

    Type:Office
    Property size:
    5,924 SF
    Price / SF:
    $2.00/SF
    Added:
    Feb 26, 2023
    Days on Market:
    1189
    Last Refresh:
    May 13 at 8:07 pm

    Property Features for 9701 Boulevard

    General Information

    Standard status
    Active
    Size
    5,924 SF
    Property subtype
    Office

    Building Details

    Year Built
    1940

    We can help!

    Listing Contact
    Robert Terrazas

    Listing agent Robert Terrazas

    Listing office

    Listing date Feb 26, 2023

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Robert Terrazas

    HighLights

    • Great commercial building with lots of space
    • Plenty of parking
    • Close to freeways
    • Close to restaurants and shops
    • 3 Guest Facilities
    • Public Transport Access

    Overview

    This commercial building, located in Downey, offers a substantial space of 5924 square feet. The property provides ample parking and is conveniently situated near freeways, restaurants, and shops. This location offers accessibility and convenience for both employees and clients.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Downey
    County
    Los Angeles
    State
    California
    Longitude
    -118.118
    Latitude
    33.9564

    Nearby Similar for Sale

    • $1,199,000
      1,418 SF

      Remodeled Duplex in Downey, CA

      Turnkey duplex with modern upgrades, ideal for investors or owner-occupants.
      8122 Cheyenne, Downey, CA 90242
      View Details
    • $2,100,000
      5,424 SF

      Downey Multifamily Investment Opportunity

      8-unit complex in Downey with on-site laundry and parking.
      8324 Alameda, Downey, CA 90242
      View Details
    • $1,175,000
      2,138 SF

      Downey Three-Unit Property with ADUs

      Three-unit property with paid solar and two newer ADUs.
      7977 Vista Del Rosa, Downey, CA 90240
      View Details
    • $1,350,000
      3,421 SF

      Mixed-Use Investment Property in Downey

      Two-building Downey property with retail and residential income.
      13000 Paramount, Downey, CA 90242
      View Details
    • $2,300,000
      5,424 SF

      Downey Multifamily Investment Opportunity

      8-unit complex in Downey with on-site laundry and parking.
      8324 Alameda, Downey, CA 90242
      View Details
    • $2,500,000

      Downey Showroom/Warehouse Opportunity

      Midcentury modern building in the heart of Downey.
      10900 Paramount, Downey, CA 90241
      View Details
    • $2,080,000
      3,464 SF

      Retail Space on Paramount Boulevard

      Retail space available for sale on Paramount Boulevard.
      12056 Paramount Blvd, Downey, CA 90242
      View Details
    • $2,000,000
      4,180 SF

      Retail Space on Paramount Blvd

      Retail space available for sale in Downey, California.
      11432 Paramount Blvd, Downey, CA, 90241
      View Details
    • $1,495,000
      3,266 SF

      Downey Warehouse Space Available

      Industrial warehouse space for sublease in Downey, California.
      9220-9268 Hall Rd, Downey, CA
      View Details
    • $1,175,000

      Downey Triplex with ADUs

      Three-unit property with paid solar and two newer ADUs.
      7977 Vista Del Rosa, Downey, CA 90240
      View Details
    • $2,199,000

      Renovated Downey Triplex with Upgrades

      Upgraded triplex near freeways, ideal for owner occupancy.
      11525 Haro Ave, Downey, CA 90241
      View Details
    • $0.39
      28,000 SF

      Crane Served Industrial Facility

      28,000 sq ft industrial facility in Downey, CA for sale.
      13217 Laureldale Avenue, Downey, CA 90242
      View Details

    FAQs

    What type of property is this?
    Office building - Commercial building in Downey, with ample space and parking.
    Where is this office building located?
    The property is located at 9701 Boulevard Downey, CA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Great commercial building with lots of space; Plenty of parking; Close to freeways
    (562) 325-5515
    We can help!
    Listing Contact
    Robert Terrazas
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9701 Boulevard, Downey, CA 90240
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!