8856 Rosecrans Ave Downey, CA 90242-5200

This 21,032 sq ft industrial property in Downey, CA, presents a compelling value-add or redevelopment opportunity. Located on a 0.89-acre lot at the busy intersection of Rosecrans Avenue and Lakewood Boulevard, this property boasts over 56,613 vehicles passing daily. Currently 100% occupied with two, single-story buildings constructed in 1976, the property offers significant upside potential. Current rents average $0.70 PSF MG, drastically below market rates of approximately $2.00 PSF NNN, representing a substantial increase opportunity for the new owner. The property's prime location within a dense, infill area of Los Angeles County, with approximately 800,000 residents within a 5-mile radius, makes it highly attractive for a variety of uses. Potential uses include owner-user occupancy, value-add renovations to increase rental income, or full redevelopment into commercial retail, QSR, or fast-food establishments. The property's APN is 6268-001-014. The asking price is $4,150,000, translating to $197.32 per square foot. This is a rare infill opportunity in a high-demand area.