7320 Firestone Blvd Downey, CA 90241

West Downey Plaza, a 135,000 square foot shopping center in Downey, CA, presents a compelling investment opportunity. This multi-tenant property, built in 1986, features three buildings on a ±130,000 square foot lot and boasts 35 tenants across 48,440 net rentable square feet, currently operating at 74.4% occupancy. The asking price is $15,274,000, translating to $315 per square foot. The property includes 195 parking spaces and is strategically located on Firestone Blvd, a high-traffic thoroughfare with over 40,600 vehicles passing daily, ensuring excellent visibility and accessibility. The strong demographic profile, with over 272,183 residents within a 3-mile radius, supports consistent customer traffic. Significant value-add potential exists through lease conversions, as approximately 22 leases are below market rates, and roughly 40% of tenants are on month-to-month agreements, offering immediate flexibility for lease restructuring. Further income growth can be achieved by redeveloping or leasing available outparcels. The property's APN is 6231-002-006. This is an exceptional opportunity to acquire a well-located retail center with substantial upside potential in a thriving Los Angeles County market.