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8836 Lakewood Blvd, Downey, CA 90240
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8836 Lakewood Blvd Downey, CA 90240

$1,700,000 Sold Price as of 03/04/2021
  • -- Beds
  • -- Baths
  • 1,900 Sq.Ft.
Sold
$1,700,000 Sold Price as of 03/04/2021 Refinance Your Mortgage
Map preview of 8836 Lakewood Blvd, Downey, CA 90240

Property Overview: 8836 Lakewood Blvd Downey, CA has -- bedrooms, -- bathrooms, 1,900 living square feet and 5,925 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is the investment opportunity of a lifetime! This multi lot property is currently occupied by LA Camper Shells and Truck Accessories. There are four separate lots equating to 21,572 sq ft of lot space. This business has been operation since 1994 and has been cash flowing positive! With over 26 years of experience and history under their belts, the business has a multitude of satisfied clients that keep coming back. The biggest allure of this lot is it's easy access to the 5 and 605 Freeways. It's a very hard to miss spot and it's ready to be built on, expanded, or successfully utilized as is.

Listed by Daniel Yoo | BRE #01855213 | Dream Realty La Crescenta
Last checked: 2 minutes ago | Last updated: May 5th, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,925
HOA Dues
$0/mo
Year built
1941
Garage
--
Property Type:
Other
Status
Sold
MLS#
320004090
City
Downey
County
Los Angeles
Time on Site
743 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 0
  • Total # of Buildings: 0
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: --
  • Vacancy Allowance: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Maintenance: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 8836 Lakewood Blvd

Exterior Features
Exterior Information
  • Roof: Other
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Public Records
Property Information
  • Parcel Number: 6388001002
Location / Neighborhood
Location Information
  • Directions: Freeway 5 South. Get off at Rosemead and Lakewood exit. Make left. - Lakewood Blvd and Telegraph Rd.
View more facts & features

Local Downey Agent

Sale History for 8836 Lakewood Blvd

Last sold on February 27th, 2017

  • October, 2020

  • Oct 20, 2020

    Date

    Expired

    CRMLS: DW19164349

    $1,590,000

    Price

  • Oct 19, 2020

    Date

    Active

    CRMLS: DW19164349

    $1,590,000

    Price

  • Oct 29, 2019

    Date

    Active Under Contract

    CRMLS: DW19164349

    $1,590,000

    Price

  • Sep 5, 2019

    Date

    Active

    CRMLS: DW19164349

    $1,590,000

    Price

  • Aug 23, 2019

    Date

    Active Under Contract

    CRMLS: DW19164349

    $1,590,000

    Price

  • Jul 11, 2019

    Date

    Active

    CRMLS: DW19164349

    $1,590,000

    Price

  • Listing provided courtesy of CRMLS

    What a great location for a new business in the city of Downey. This opportunity only comes a few times and here it is. There are a total of 4 parcels for sale (APN 6388-001-002, 6388-001-010, 6388-001-003 and 6338-001-009) adding to an estimate of 21,563 sqft lot and estimate of 4,414 sqft building. There are a total of 3 separate buildings. One building space of 1,900sqft is being used as main office with all retail business inventory. There is a comfortable waiting area for clients, storage area, office area and restroom. Another building space of 1,664 which is being used as auto repair space with 4 garages plus a 2 story building with a bathroom in each that has been freshly painted with nice base boards that can be used as two separate offices. Currently 2 other parcels both used as parking lots. Best part is that property has a total of 3 separate entrances, 2 on Lakewood and 1 on Lindell. This commercial property is located on Lakewood Blvd right off the 5 Frwy. Major cross streets are Lakewood and Telegraph. This is your chance to start your business in the perfect location. Current business inventory is not included in sale.

  • July, 2019

  • Jul 1, 2019

    Date

    Expired

    CRMLS: DW18290449

    $1,799,000

    Price

  • Feb 21, 2019

    Date

    Price Change

    CRMLS: DW18290449

    $1,799,000

    Price

  • Feb 11, 2019

    Date

    Price Change

    CRMLS: DW18290449

    $17,990,000

    Price

  • Jan 24, 2019

    Date

    Price Change

    CRMLS: DW18290449

    $2,100,000

    Price

  • Jan 17, 2019

    Date

    Price Change

    CRMLS: DW18290449

    $1,649,000

    Price

  • Dec 13, 2018

    Date

    Active

    CRMLS: DW18290449

    $1,650,000

    Price

  • Listing provided courtesy of CRMLS

    Prime Investment Opportunity! Huge demand to rent to prospective business owners! Can be used for auto service or dealership with office building for rent.

  • February, 2017

  • Feb 27, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2008

  • Mar 18, 2008

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

Show More

Tax History for 8836 Lakewood Blvd

Assessed Value (2020): $540,459
Year Land Value Improved Value Assessed Value
2020 $312,267 $228,192 $540,459

Home Value Compared to the Market

This property vs the competition

8836 Lakewood Blvd sold on March 4, 2021 for 140.44% higher than the current median sold price for the city of Downey which is $915,000. The median sold price per/sqft for Downey is $533 and this home is sold at $1157.89 per/sqft which puts the price per square foot 117.24% higher than the current median sale per square foot for the city of Downey.

About 8836 Lakewood Blvd

Detailed summary of property

8836 Lakewood Blvd is a other that recently sold in Downey, CA 90240. This property offered -- bedrooms, -- bathrooms, roughly 1,900 living square feet, and sits on an approximately 5,925 square foot lot. 8836 Lakewood Blvd was first listed on ArdentRealEstateGroup.com on April 26, 2022. The homeowner sold the property for $1,700,000. Home in Downey are selling for a median price of $915,000 and a median price per square foot of $533. Based on Ardent Real Estate Group's Downey Market Data, this home is sold 140.44% higher than the current median priced home. Local homes that are currently for sale include 8273 S San Pedro, 13514 Avalon Blvd and 3317 S San Pedro St. There are currently 92 homes for sale in the Downey real estate market and 80 of them are single family homes while 6 of them are condos and 6 are townhomes. For more information on this home for sale at 8836 Lakewood Blvd Downey, CA 90240 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 8836 Lakewood Blvd

Public county record property details
Beds
--
Baths
--
Year built
1941
Sq. Ft.
1,900
Lot Size
5,924
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
54
APN
6388-001-002

The source for these homes facts are from public records.

90240 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,099,000
Median List Price/Sq.Ft.
$550
Median Sold Price
$955,000
Median Sold Price/Sq.Ft.
$489
Total Inventory
30
Median Sale to List Price %
97.95%
Avg Days on Market
16
Loan Type
Conventional (66.67%), FHA (16.67%), VA (0%), Cash (0%), Other (16.67%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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