8460 Telegraph Rd - Commercial LAND FOR SALE


Downey, CA 90240 23,000 SF
$2,500,000 USD
213-700-4336
8460 Telegraph Rd, Downey, CA for Sale
$2,500,000 USD
Commercial LAND - FOR SALE
1/16
23,000 SF

8460 Telegraph Rd
Downey, CA 90240


OVERVIEW

Calla Commercial is pleased to present this owner-user redevelopment opportunity in the city of Downey. The owner has owned the property for 20 years and has been operating their Cruise America RV Rental business on-site. The parcel has tremendous value for an owner-user or a developer. The subject property is located just west of Lakewood Boulevard (State Route 19) and near the 5, 605, and 105 freeways. City of Downey is centrally located within 30 mins driving distance to Downtown Los Angeles, Long Beach, and Orange County. The subject property is zoned C-2 with a General Plan Land Use Designation of Neighborhood Commercial (NC). The property has also been included in the City's Housing Overlay, specifically HOU-2. Mixed-Use Development is also allowed per city guidelines. The required density for HOU-2 is 30 dwelling units per acre, hence this property will allow up to 15 units based on its parcel size. Important Note: Absolutely Do Not Approach the Tenant. Buyer shall be responsible and must verify all intended use with the city.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/ACRE

$4,734,783/AC

PRICE/SF

$109 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

8460 Telegraph Rd, Downey, CA 90240

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Apartment Units

LAND ACRES

0.53 AC

LAND SF

23,000 SF

OFFSITE IMPROVEMENTS

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

ZONING

C-2

APN/PARCEL ID

6367-025-020

ASK ABOUT THIS PROPERTY

Young LeeCalla Commercial Real EstateMore Info
213-700-4336

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Young LeeCalla Commercial Real EstateMore Info
213-700-4336

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