For Sale

8121 Florence Ave

8121 Florence Ave,
Downey, CA 90240

Asset Snapshot

Community Center
Office Subtype
1971
Year Built
2000
Year Renovated
2
Floor Count
36
Parking Spots
0.57 Acres
Land Area

Offering Summary

Investment Overview

Positioned in Mid-Cities, where office vacancy stands at just 6.3% compared with 16.2% across the Los Angeles metro, 8121 Florence Ave offers a rare opportunity to acquire a free-standing office building in one of the region’s tightest office submarkets. The ±10,014 SF, two-story building is delivered vacant for immediate occupancy and sits on a ±24,960 SF lot with 36 gated parking spaces. Distinctive mid-century architecture, prominent Florence Ave visibility, and exclusive building and monument signage give the property a strong stand-alone identity. C-P zoning supports professional and medical office uses, providing flexibility for owner-users, healthcare providers, or investors seeking a well-located Downey asset.


Investment Highlights

  • Stand-alone identity
  • Distinctive mid-century architecture with exclusive building and monument signage.
  • Florence Ave exposure
  • Prominent frontage along Florence Ave with exposure to approximately ±33,596 vehicles per day.
  • Gated surface parking
  • 36 spaces on a gated, paved lot, providing approximately 3.60 spaces per 1,000 SF.
  • Immediate Occupancy
  • Delivered vacant with two efficient ±5,007 SF floors ready for an owner-user or new configuration.
  • MEDICAL USE POTENTIAL
  • » C-P (Commercial Professional) zoning supports medical office use.
  • » $103,292 median household income within 1 mile supports a strong surrounding patient base.
  • » Convenient access to Kaiser Permanente Downey Medical Center, PIH Health Downey Hospital, and Rancho Los Amigos National Rehabilitation Center.
  • » 36 on-site parking spaces and a flexible two-story layout accommodate a range of healthcare concepts.

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$3,000,000
Asking Price

Investment Sales Broker

Jeff Coburn, CCIM, SIOR
Lee & Associates Los Angeles - Long Beach, Inc.

Market Insights