Property profile

9400 Firestone Blvd Downey, CA 90241

FOR LEASE
Office buildings
Property ID
US09-8469946
4,143 SF 0.17 ac lot Built 1949
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity presents a 2,600 square foot endcap space located at 9400 Firestone Boulevard in Downey, California, within Los Angeles County. The property is classified as a shopping center with multiple tenancy, offering a high-visibility location at a busy, signalized intersection. The entire 2,600 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. Ample parking is available for customers and employees, ensuring convenient access for all. The property's prime location in Downey, CA, zip code 90241 (latitude 33.9314043, longitude -118.1164283), offers excellent exposure to a high volume of traffic. This makes it ideal for a variety of retail businesses seeking a strong presence in a thriving community. The property type is retail, specifically a shopping center, providing a dynamic environment for potential tenants. This is a unique chance to establish a business in a highly visible and accessible location with significant foot traffic. The entire space is available for lease, presenting a rare opportunity to secure a substantial footprint in a desirable Downey commercial area. Interested parties are encouraged to inquire further to explore this promising retail investment.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1949
Construction WOOD
Total area 4,143 SF
Lot 0.17 ac (7,589 SF)
Zoning code DOC2*
APN 6284-003-001
UPID US09-8469946

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store

Location

9400 Firestone Blvd Downey, CA 90241
Downey metro Census 551102 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$856k
Blend (final) Blend
$735k

Owner & transaction history

since 2004
5 recorded transactions
2021
Price N/A
2017
Price N/A
2004
Price N/A
1992
Price N/A
1969
Price N/A

Zoning & alternative use

DOC2* · Downey, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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