9400 Firestone BlvdDowney, CA 90241

  • Office properties
  • 4,143 SF
For Lease

Property Details for 9400 Firestone Blvd

Year built
1949
Construction
WOOD
Lot size
0.17 AC
Property size (Sq ft)
4,143 SF
Zone code
DOC2*
Property type
Office properties
Property subtype
Office buildings
APN
6284-003-001
APU
6284003001

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,190,228
    6.5%
    $1,098,672
    7%
    $1,020,195
  • Comparable approach

    Method
    Valuation
    Relative Method
    $787,833
    Geo Method
    $787,833
  • Alternative Use

    Use
    Valuation
    Residential
    $1,362,353
    Hospitality
    $1,247,908
    Educational
    $1,038,245
    Medical
    $1,073,952
    Retail
    $1,615,048
9400 Firestone Blvd, Downey, California

Location Insight

City
Downey
County
Los Angeles
State
California
Latitude
33.9315
Longitude
-118.116
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,360
$301,077
$359,984
$661,061
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-
-
-

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