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7360 Foster Bridge Boulevard $3,750,000

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    7360 Foster Bridge Boulevard Downey, CA 90240

    Active Under Contract
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    • 8,480 sq. ft.
    • Commercial Sale
    • MLS# P1-9339
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    Views: 39 Days On Market: 207

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    Property Details

    This TURN-KEY Religious Facility was built in 1959 and has not been on the market in half a century! This property is 8,480 SF and has 80 parking spaces. The main sanctuary has a capacity of 150 persons with an additional fellowship hall that holds approximately 50-60 people. The building also includes a kitchen, six classrooms, four office spaces, and newly renovated restrooms. It is equipped with a brand new tankless water heater and AC with new thermostats. This is located on a 1.27-acre site on corner location. Zoning is 'R1' ONE-FAMILY ZONE. Conceptual Plans Available to expand the Sanctuary to 300-person capacity.

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 2.250 %
      • County Or Parish Other County
      • YearBuilt 1959
    • Building Features
      • Cooling See Remarks
      • Heating See Remarks
      • Laundry Features None
    • Property Features
      • Fencing None
      • Lot Features Corner Lot, Sprinklers None
      • Parking Total 0.00

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    Neighborhood

    90240 (Downey) Demographics

    37 Median Age
    8,890 Population Density (per sq. mile)
    34% College Educated
    $87,107 Estimated Median Income
    4,688 Estimated Total Home Owners
    2,919 Estimated Total Renters
    62% / 38% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    26,801 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $885,000 Median Sales Price
    12 Homes Sold
    13 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,750,000
        7/25/2022 4:16:38 PM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        5/3/2022 4:48:00 PM New in Database Source: Multiple Listing Service New Value: $3,750,000

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        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 11/26/2022 12:48:12 AM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.