Highlights Owner Spends Thousands of Dollars & A Big Reduction !!! of $300,000 /ASSUMABLE LOAN IS AVAILABLE Seller Cooperate But Do not Guarantee Very Motivated Seller. A Rare Opportunity With High Cap rate @8%+ The Area Is Highly Commercial and Residential Surrounded A Signalized Corner With Heavy Traffic 40,000+ Cars Per Day & A Busy Intersection is a major east west commuter road through the trade Lots of Synergy Highly Populated Area In One of the Best Area in Southern California in County of Los Angeles 1.26 Acer Land, and 53 Parking Space/Uniquely Is Located In Very Active Neighbordhood by Residentials, Shopping Centers,and Gas Station Big Reduction!!! of $300,000 Seller spend thousands of Dollor on the property for tenant's improvment. A Very Unique Opportunity of 8%+ Cap rate with long term tenant like 7Eleven, LIttle Caesars Pizza, PWS Coin Laundry, Dental Office along with other strong tenants like Linda Marques Insurance , Tax Services, Downey Escrow Company, Financial Co, Pap's Ice Cream, Clothing Store,and Hair Salon in the best Live Area of Downey City County of Los Angeles and Highly populated city in Southern California to acquire A 56,097SF Signalized Corner Land include A16, 511SF Well Maintained Buildings with 53 car space and -/+95% Occupancy . The property is surrounded by shopping centers and residential community and cross street from a Supermarket and Gas Station and many other regional and national tenants Florence Avenue and Tecum Dr. in 5 Mile Radius is 839,665+ in 3 Mile Radius 251,905+ In 1 Mile Radius 34,176+ Zoning : DOC4-P* Lot Acres : 1.29 County Use : Store & Office Land Use : Stores & Offices Lot Size : 56,097 Motivated Sellers. Buyers Must Verify All Information. DRE: 01453581
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