Date
Details
Price
Change
Source
1/20/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$750,000
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1/18
Property Description
Outstanding single-tenant net investment opportunity in a prime Downey location. This 1,600 SF freestanding commercial building offers excellent street presence, a private gated parking lot, and a ground-level access door for operational convenience. The property is occupied by a long-term established tenant of over 10 years, delivering reliable and consistent monthly net income. Tenant is responsible for all property expenses and maintenance, creating a true passive, low-management investment. Rare opportunity to acquire a stable income-producing asset in a high-demand commercial corridor.
Full Property Details
Full Property Details for 10231 Old River School
General
- Price: $750,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: OC26015263
- Updated: 1/28/2026
- Days on Market: 69 days
- Added to Site: 71 day(s) ago
Business
- Business Type: Dry Cleaner
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: See Remarks
Location
- County: Los Angeles
- Driving Directions: Take I-5 N, CA-73 N and I-605 N to Studebaker Rd in Downey. Take exit 11 from I-605 N. Follow E Florence Ave to destination
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1603
- Square Feet: 1,603
- Current Bldg. Use: See Remarks
- Retail: 1,603 Sq. Ft.
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.1714
- Useable Acres: .1714
- Lot Size (Sq. Ft.): 7,465
- Lot Size Source: Assessor
- Lot Features: 0-1 Unit/Acre
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $467
Disclosures and Reports
- Investment: Yes
- Property ID: 6229002004
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Meet the listing agent
Meet the listing agent
— 10231 Old River School —
CalRE#: 01988835
(949) 702-0267 mobile
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 10231 Old River School
School District:Downey Unified School District
| Name | Grades | Distance |
|---|---|---|
Rio Hondo Elementary School, Downey, CA 7731 Muller Street, Downey, CA 90241 | K-5 | 0.5 mi |
Griffiths Middle School 9633 Tweedy Lane, Downey, CA 90240 | 6-8 | 0.7 mi |
Warren High School 8141 De Palma Street, Downey, CA 90241 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10231 Old River School
Tax History
Tax History for 10231 Old River School
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,855
6%
$83,043
4%
2023
$1,753
4%
$79,821
2%
2022
$1,691
8%
$78,257
2%
2021
$1,571
1%
$76,724
1%
2020
$1,554
-4%
$75,938
2%
2019
$1,624
13%
$74,450
2%
2018
$1,442
8%
$72,991
2%
2017
$1,332
3%
$71,561
2%
2016
$1,294
1%
$70,159
2%
2015
$1,275
4%
$69,106
2%
2014
$1,228
2%
$67,754
—
2013
$1,202
—
$67,449
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10231 Old River School
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- Townhouse
- Active
- Updated 18 hours ago
- 3Beds
- 3Total Baths
- 1,162Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,094Sq. Ft.
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- Warehouse
- Active
- Updated 5 hours ago
- 27,000Sq. Ft.
- 0.96Acres
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10231 Old River School, Downey, CA 90241 (MLS# OC26015263) is a Commercial property. 10231 Old River School is currently listed for $750,000 and was received on January 20, 2026. This property is listed by Stacie Hatfield from our Carlsbad Office.Want to learn more about 10231 Old River School? Do you have questions about finding other Commercial real estate for sale in Downey? You can browse all Downey real estate or contact a Coldwell Banker agent to request more information.