8321-8331 Imperial Hwy - Commercial LAND FOR SALE


Downey, CA 90242 | 59,677 SF
$7,500,000 USD
213-308-9013
8321-8331 Imperial Hwy, Downey, CA for Sale
$7,500,000 USD
Commercial LAND - FOR SALE
1/7
59,677 SF

8321-8331 Imperial Hwy
Downey, CA 90242


HIGHLIGHTS

  • Signalized corner location at Imperial Highway and Downey Avenue
  • Direct access to I-105 and I-710 with connectivity to major regional freeways
  • Near Kaiser Permanente, PIH Health, Downtown Downey, and Stonewood Center

OVERVIEW

8321-8331 Imperial Highway presents a rare opportunity to acquire a fee simple redevelopment site in the heart of Downey, California. Situated on approximately 1.37 acres at the signalized intersection of Imperial Highway and Downey Avenue, the property offers excellent visibility, multiple points of ingress and egress, and a highly accessible location within one of Southeast Los Angeles County’s most established communities. Currently occupied by the Downey Church of Christ, the property is fully owner-occupied, providing a clean acquisition opportunity without lease encumbrances. The site is zoned C-P (Commercial Professional), a designation that accommodates a variety of office, medical, educational, financial services, restaurant, and related commercial uses. Development standards permit a floor area ratio of up to 2.0 and building heights up to 75 feet or five stories, creating flexibility for future redevelopment plans. The property benefits from immediate access to Interstate 105 and Interstate 710, with convenient connections to Interstate 605 and Interstate 5. Nearby demand generators include Kaiser Permanente, PIH Health, Downtown Downey, Stonewood Center, multiple schools, and major employment centers. Opportunities of this scale are infrequently available in Downey, where land supply remains limited and redevelopment sites are scarce. The combination of strategic location, favorable zoning, strong surrounding demographics, and existing owner occupancy positions the property as a compelling opportunity for developers, owner-users, and investors seeking a well-located asset with long-term potential.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/ACRE

$5,474,453/AC

PRICE/SF

$126 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Office, Multi-Family, Hospitality, Apartment Units, Bank, Hospital, Medical, Office Park, Planned Unit Development, Public Library, Restaurant, Schools, Storefront Retail/Office

LAND ACRES

1.37 AC

LAND SF

59,677 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C-P

APN/PARCEL ID

6261-006-021,6261-006-028

ASK ABOUT THIS PROPERTY

Phillip TaggartKidder MathewsMore Info
213-308-9013

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Phillip TaggartKidder MathewsMore Info
213-308-9013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.