9806 Everest St Downey, CA 90242-3114
- Manufacturing properties
- 5,977 SF
- 0.30 lot acres
Sep 25, 2024
Current Use by Public Records
- Edm Supplies Inc / Exporter
Property Details for 9806 Everest St
- Year built
- 1962
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.30 lot acres
- Property size
- 5,977 SF
- Zone code
- DOM1*
- Property type
- Manufacturing properties
- APN
- 6283-016-049
- APU
- 6283016049
Description
This exceptional investment opportunity presents six individual industrial buildings totaling 6,500 square feet situated on a 13,046 square foot lot in Downey, California. Located at 9804-9806 Everest St, zip code 90242, this property offers a unique blend of potential uses, ideal for owner-occupiers or investors. Each building sits on its own parcel, providing flexibility and potential for separate leasing or development. The buildings, constructed in 1962, boast 12-foot ceilings and feature approximately 1,600 square feet of office space. The property includes one ground-level loading door per building, and ample street parking with a 1:1 ratio (one parking space per 1,000 square feet). Electrical service is 240 volts, 4-phase, 400 amps. The asking price is $1,787,500, translating to $275 per square foot. Additional storage is available in bonus mezzanine areas, and the possibility of yard space exists. The square footage includes exterior sheds. This property is zoned for industrial use and is currently vacant. Note that this property can be combined with the adjacent 9814-9816 Everest St property for a total of 9,500 square feet. This is a rare opportunity to acquire a well-located, versatile industrial portfolio in the thriving Los Angeles County market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,790,000
- ML approach
- $1,790,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,240,000
- 6.5%
- $1,140,000
- 7%
- $1,060,000
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Location Insight
- Map
- Local Demand
- City
- Downey
- County
- Los Angeles
- State
- California
- Longitude
- -118.119
- Latitude
- 33.9193
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA