Back on Market - Oh my gosh!!! Where in Downey can you buy a 4526 square foot property at this price? And have it provide income of around $72,000 per year? With a cap rate of 5%? Property has a Hair Salon business that has been in business since 1977 and occupies two of the downstairs units. (Can be re-divided into two units to get additional income). Upstairs is a Real Estate company that occupies the whole floor, has 5 offices and a conference room, and just signed an additional 3 year lease. Downstairs, has a recently vacated unit and can be used for many uses. Uses, that we have provided above. Also has loading door access. Property is definitely priced to sell. This would be a perfect OWNER USER opportunity, and with lots of off street parking. Stop paying for a rental somewhere else and become a property owner and get your tax benefits on a building that provides income that you own!!!!!!!. We have phase one and phase two reports. Please no SBA financing
IV22198403
Commercial - Office, 2 Story
1951
Los Angeles
0.1663
Acres
Public
2
Frame,Stucco
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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