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8648 Florence Avenue

Downey, CA 90240
  • $1,975,000
  • STATUS: Active Under Contract
  • ON SITE: 78 Days
  • ID#: PW22074122
Under Contract
UPDATED: 65 min ago
$1,975,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Listing Agent(s): Elaine Denham of Berkshire Hathaway H.S.C.P. (562-860-2625)


Description

This location is outstanding! HIGH TRAFFIC COUNT. Next to the HISTORIC McDonalds with those classic Golden Arches. Investment opportunity with extraordinary visibility and great exposure for this commercial corner with off the charts vehicle traffic. Income and development possibilities abound! Existing two-unit commercial buildings sits next to its sister property with 3 commercial units and a spacious single-family residence. Properties sold together inclusive of this listing price, for a total of 5 commercial units and a wonderful, updated, single family home. Seller has architectural plans to develop the corner. SEE the listing on 10210 Bellman which is sold with this property. Commercial possibilities may include restaurant, hair salon, retail possibilities are endless! One Unit on Florence is currently vacant. Next door property has three commercial units of which two are vacant. Square footage and lot sizes include the three buildings and three lots. Two units about 960 Sq. Ft. Three units about 630 Sq Ft each. Home about 1870 sq feet. Sizes are estimated and should be confirmed.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-02T08:26:58.623. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Latrice Deluna Homes | Anvil Real Estate. Licensed in the State of California, USA.
www.findorangecountyhomelistings.com/homes/127686756
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8648 Florence Avenue Downey, CA 90240

  • Price: $1,975,000
  • Status: Active Under Contract
  • On Site: 78 Days
  • Updated: 65 min ago
  • ID#: PW22074122
0
Beds
0
Baths
0
½ Baths
0.4
Acres
1956
Built
Neighborhood:
D1 - Northeast Downey, N of Firestone, E of Downey
County:
Los Angeles
Area:
D1 - Northeast Downey, N of Firestone, E of Downey
Property Description
This location is outstanding! HIGH TRAFFIC COUNT. Next to the HISTORIC McDonalds with those classic Golden Arches. Investment opportunity with extraordinary visibility and great exposure for this commercial corner with off the charts vehicle traffic. Income and development possibilities abound! Existing two-unit commercial buildings sits next to its sister property with 3 commercial units and a spacious single-family residence. Properties sold together inclusive of this listing price, for a total of 5 commercial units and a wonderful, updated, single family home. Seller has architectural plans to develop the corner. SEE the listing on 10210 Bellman which is sold with this property. Commercial possibilities may include restaurant, hair salon, retail possibilities are endless! One Unit on Florence is currently vacant. Next door property has three commercial units of which two are vacant. Square footage and lot sizes include the three buildings and three lots. Two units about 960 Sq. Ft. Three units about 630 Sq Ft each. Home about 1870 sq feet. Sizes are estimated and should be confirmed.
Exterior Features

Lot Features 0-1 Unit/Acre

Interior Features

Cooling None Cooling YN No

Property Features

Additional Parcels YN Yes Common Interest None Current Financing None Exclusions Water Softener in Home And Ring Security. Appliances Inclusions Billboard Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing Loan Number Of Units Leased 2 Property Sub Type Mixed Use Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-02T08:26:58.623. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Latrice Deluna Homes | Anvil Real Estate. Licensed in the State of California, USA.
 
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Latrice Deluna Homes | Anvil Real Estate
23046 Avenida de la Carlota, Suite 600
Laguna Hills CA, 92653
Listing Agent(s): Elaine Denham of Berkshire Hathaway H.S.C.P. (562-860-2625)