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Light Manufacturing Building with Fenced Yard

9540 Stewart And Gray Rd, Downey, CA 90241

For Sale
$2,350,000
Pending

Commercial Sale, Downey, CA

Property Size6,312 SF
Lot Size0.39 Acres
Days on Market62

Property Features for 9540 Stewart And Gray Rd

General Information

Property type Commercial Sale
Property subtype Other
Directions Exit I-605 at Firestone Blvd, head west. Turn left on Stewart and Gray Rd. Property will be on the left.
Subdivision D4 - Southeast Downey, S of Firestone, E of Downey
Standard status Pending
APN 6284001028
Lot size 0.39 Acres

Utilities

Cooling system Central Air

Amenities

Conference room

Building Details

Year built 1981
Listing Agency: Century 21 A Better Service · Century 21 Real Estate
Listed By: George Valencia · License CA #02083024
Added: Sep 14 Changed: Nov 2 Last Checked: Nov 14 at 10:06PM
MLS# DW26201083

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This freestanding light-manufacturing building contains 6,312 square feet on a 16,815-square-foot lot, or approximately 0.39 acres. The interior combines a front office suite—with reception, conference room, private offices, and restroom—with production and warehouse space. Exposed wood-truss ceilings, skylights, grade-level roll-up doors, radiant heat, mezzanine storage, and central air are also present. A fenced rear yard adds outdoor storage and staging area.

Zoned DOM1* for light manufacturing, the property is near the I-605 and Firestone Boulevard interchange, with access to I-605, I-5, I-105, and I-710. The building was constructed in 1981.

Key Highlights

  • 6,312‑square‑foot freestanding light‑manufacturing building on a 16,815‑square‑foot lot (approximately 0.39 acres)
  • DOM1* zoning for light manufacturing
  • Office suite includes reception, conference room, private offices, and restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$111,249
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,224,980 $2.2M
Cap Rate 7%
$1,589,271 $1.6M
Cap Rate 9%
$1,236,100 $1.2M
Market Conditions
NOI Build-Up for 6,312 SF
Gross rent
$189.4K $30.00/SF
− Vacancy
−$11.4K −$1.80/SF
EGI
$178.0K $28.20/SF
− OpEx
−$66.7K −$10.58/SF
NOI
$111.2K $17.63/SF
Area
Downey, CA
Vacancy
6.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,224,980
Cap Rate 7%
$1,589,271
Cap Rate 9%
$1,236,100

Alternative Uses

Best Use
Mixed Use
$1.59M
$1.39M – $1.85M (±1% cap)
NOI $111,249 @ 7.0% cap · market cap 4.73%
Second Best
Warehouse
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,214 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$2.58M
$2.25M – $3.00M (±1% cap)
NOI $180,271 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gann Products Co ... Warehouse & Storage

Suggested Use

Top Pick Law Firm Gym & Fitness Center Parking Lot & Garage Accounting Firm Spa & Massage Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,216
Businesses Nearby

Demographics for 90241, CA

44,921
Population
15,100
Households
3
Avg Household Size
37
Median Age
25%
College-Educated
81%
High-School Grad
4.9 sq mi
ZIP Area
9,168
Density / Sq Mi
$84,375
Median Household Income
$43,319
Median Earnings
$1,884
Median Rent
$770,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA

$440 Jul
$474 Aug
$477 Sep
$474 Oct

Properties on Market for Mixed-use properties in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Office, production, warehouse, and storage areas support a range of operating functions.
Where is this mixed-use property located?
The property is located at 9540 Stewart And Gray Rd Downey, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 6,312‑square‑foot freestanding light‑manufacturing building on a 16,815‑square‑foot lot (approximately 0.39 acres); DOM1* zoning for light manufacturing; Office suite includes reception, conference room, private offices, and restroom
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