8630 Imperial

Downey, CA 90242

$1,400,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $490 / sqft

1967

calendar_month Built

Property Description

This neighborhood retail center with only 2 units right on Imperial highway. Long term & good tenants. Close to 605 & 105 Fwy. Right Across from the 4 major apartment complex. High dense neighborhood. 1st unit is up & running well established Laundromat business. 2nd unit is a well established smoke shop. Property has good face lift with recently installed roof and new asphalt parking's. Asking at 4% caprate. Potential to increase cap rate. Property has two address 8630 & 8636 Imperial hwy. Ideal for 1031 exchange.

Listing Information

Close Price $1,400,000
Close Date Tuesday, December 5th, 2023
Status Closed
MLS IG23022332
Type Commercial
Subtype Retail
Year Built 1967
Lot Size N/A
Structure Size N/A
DOM 266
Courtesy Of Gold Team Realty
Listing Agent Shahid Jalal DRE#01385512
Co-Listing Agent Henna Jalal DRE#02058692

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Shahid Jalal, Henna Jalal, Gold Team Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 8th, 2023 at 10:57 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.