Property profile

9806 Everest St Downey, CA 90242

OFF-MARKET
Manufacturing properties
Property ID
US09-8603114
5,977 SF 0.3 ac lot Built 1962
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents six individual industrial buildings totaling 6,500 square feet situated on a 13,046 square foot lot in Downey, California. Located at 9804-9806 Everest St, zip code 90242, this property offers a unique blend of potential uses, ideal for owner-occupiers or investors. Each building sits on its own parcel, providing flexibility and potential for separate leasing or development. The buildings, constructed in 1962, boast 12-foot ceilings and feature approximately 1,600 square feet of office space. The property includes one ground-level loading door per building, and ample street parking with a 1:1 ratio (one parking space per 1,000 square feet). Electrical service is 240 volts, 4-phase, 400 amps. The asking price is $1,787,500, translating to $275 per square foot. Additional storage is available in bonus mezzanine areas, and the possibility of yard space exists. The square footage includes exterior sheds. This property is zoned for industrial use and is currently vacant. Note that this property can be combined with the adjacent 9814-9816 Everest St property for a total of 9,500 square feet. This is a rare opportunity to acquire a well-located, versatile industrial portfolio in the thriving Los Angeles County market.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1962
Construction TILT-UP CONCRETE
Total area 5,977 SF
Lot 0.3 ac (13,046 SF)
Zoning code DOM1*
APN 6283-016-049
UPID US09-8603114

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
  • Logistics Company

Location

9806 Everest St Downey, CA 90242-3114
Downey metro Census 551101 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.79M
CAP Approach CAP
$1.14M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.79M

Owner & transaction history

since 2024
Last sale
$1.8M
3 recorded transactions
2024
$1.8M
2024
Price N/A
2022
Price N/A

Zoning & alternative use

DOM1* · Downey, CA
Top alternative use upside
Auto repair, garage $2.8M +70.2%
Medical building $2.7M +67.3%
Office building $1.9M +16.3%

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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