Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8419 Ave Unit B Downey, CA 90240

    • Office Properties & Spaces
    • 2,044 SF
    • 0.19 lot acres
    For Sale
    View listing
    $1,150
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 8419 Ave Unit B

    Year built
    1979
    Lot size
    0.19 lot acres
    Property size
    2,044 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional 2,044 square foot office space is ideally situated in Downey, California, at 8419 Avenue Unit B. Its convenient location, right off Florence and Brookshire, offers easy access to major thoroughfares and ensures high visibility for your business. The property boasts a well-maintained interior, presenting a clean and professional atmosphere. Included with the lease are two dedicated parking spaces, eliminating the hassle of finding parking for you and your staff. The property is further enhanced by the landlord's commitment to maintaining the building's exterior, covering the costs of water, trash removal, and window cleaning. This significantly reduces your operational expenses and allows you to focus on your core business activities. The 0.19-acre lot provides ample space and a comfortable setting. This office space is perfect for a variety of businesses seeking a functional and conveniently located workspace in Downey. The asking price is $1150. Don't miss this opportunity to secure a prime location for your business. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Downey
    County
    Los Angeles
    State
    California
    Longitude
    -118.118
    Latitude
    33.9556

    Comparable in this City

    • Value Estimation by Request
      5,924 SF

      9701 Blvd

      Office Properties & Spaces • 5,924 SF
      9701 Blvd, Downey, CA 90240
      View Details
    • Value Estimation
      $1,110,000
      5,202 SF

      8361 Florence Ave

      OFFICE BUILDING • 5,202 SF
      8361 Florence Ave, Downey, CA 90240-3953
      View Details
    • Value Estimation
      $595,000
      2,044 SF

      8423 Florence Ave

      OFFICE BUILDING • 2,044 SF
      8423 Florence Ave, Downey, CA 90240-3918
      View Details
    • Value Estimation
      $2,565,000
      16,864 SF

      8535 Florence Ave

      OFFICE BUILDING • 16,864 SF
      8535 Florence Ave, Downey, CA 90240-4063
      View Details
    • Value Estimation
      $1,510,000
      9,361 SF

      8409 Florence Ave

      OFFICE BUILDING • 9,361 SF
      8409 Florence Ave, Downey, CA 90240-3962
      View Details
    • Value Estimation
      $1,045,000
      5,924 SF

      9701 Lakewood Blvd

      OFFICE BUILDING • 5,924 SF
      9701 Lakewood Blvd, Downey, CA 90240-3311
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,924 SF

      Downey Office Building For Lease

      Spacious Office, Ample Parking, Prime Location
      9701 Blvd, Downey, CA 90240
      View Details
    • Contact for pricing
      2,044 SF

      Downey Office Space - Great Location!

      Prime Downey office, 2,044 sq ft, 2 parking spaces.
      8419 Ave Unit B, Downey, CA 90240
      View Details
    • Contact for pricing
      26,420 SF

      Downey Spa Suites - Now Leasing!

      Prime Downey location, move-in ready spa suites.
      9040 Rd, Downey, CA 90240
      View Details
    • $705,990
      1,511 SF

      New Downey Townhomes in Gated Community

      New 33-unit gated community in Downey, featuring spacious townhomes.
      7350 Foster Bridge Blvd, Downey, CA 90240
      View Details
    • $65,000
      900 SF

      Turnkey Salon in Downey, CA

      Fully equipped salon in prime Downey location with ample parking.
      9986 Lakewood Blvd, Downey, CA 90240
      View Details
    • $575,000
      12,190.00 Acres

      Two Flat Lots in Downey

      Two flat lots in a desirable Downey neighborhood, ready for development.
      7700 Bangle Rd, Downey, CA 90240
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      496 SF

      Downey Office Space For Rent

      Second floor office unit available for rent in Downey.
      8615 Florence Ave, Downey, CA 90240
      View Details
    • $11,848 /Mo

      Commercial Building for Lease

      Commercial building in Downey with ample space and parking.
      9701 Lakewood Blvd, Downey, CA 90240
      View Details
    • $11,848 /Mo

      Retail Building for Lease

      Commercial building in Downey with ample parking and space.
      9701 Lakewood Blvd, Downey, CA 90240
      View Details
    • Contact for pricing
      70,373 SF

      Secured Yard for Lease

      Large, fenced yard approved for truck trailer storage.
      9701 Bluff Rd, Downey, CA 90240
      View Details
    • Contact for pricing

      Fully Leased Retail Property

      Retail property in Downey, CA, currently 100% leased.
      9901-9915 Paramount Blvd, Downey, CA 90240
      View Details
    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.
    8419 Ave Unit B
    Downey, CA 90240
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!