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11911 Woodruff AveDowney, CA 90241

14,000 SF Warehouse, 2.23 Acres, High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional redevelopment opportunity presents a 14,000-square-foot industrial building situated on a 2.23-acre lot in Downey, CA. The single-story, Class C building, constructed in 1965, features 7 loading docks, 7 dock-high doors, and an 18-foot ceiling height. Currently 100% occupied with a lease expiring January 1, 2024, generating significant rental income, this property offers a compelling investment with a 3.00% cap rate. The expansive 2.23-acre lot includes a large, paved concrete yard (approximately 1100 x 50 ft), ideal for various uses such as contractor yards, storage, assembly, or distribution. The property boasts 20 parking spaces and is fully fenced and gated, enhancing security. Located in Los Angeles County, with zoning designated as M2, this property benefits from convenient access to major freeways (5, 605, 105, 710) and proximity to commercial districts in Commerce, Norwalk, Pico Rivera, Huntington Park, and Downtown Los Angeles. The seller will consider a long-term escrow, subject to terms. This is a fee-simple ownership with a gross lease in place. The property's address is 11911 Woodruff Ave, Downey, CA 90241, and the APN is 6284-024-029. This is a rare chance to acquire a well-located industrial property with significant redevelopment potential.

Highlights

  • 14,000 SF industrial building on a 2.23-acre lot in Downey, CA.
  • 7 loading docks, 7 dock-high doors, and 18-foot ceilings.
  • Large, paved concrete yard (1100 x 50 ft) ideal for various uses.
  • Fully fenced and gated with 20 parking spaces.
  • Excellent freeway access (5, 605, 105, 710) and proximity to major commercial districts.

Property Details for 11911 Woodruff Ave

Property type
Warehouses, Industrial properties
Square Feet
14,000 SF
Class
C
Year Built
1965
Buildings
1
Stories
1
Lot Size (sq. ft)
97,139 SF
Units
1

Location Insight

City
Downey
County
Los Angeles
State
California
Latitude
33.927629556847
Longitude
-118.11720253046
11911 Woodruff Ave, Downey, California

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11911 Woodruff Ave
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