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Closed
- Listed price
- $690,000
- Listed Oct 29, 2018
- Sold price
- $650,000
- Sold Jan 18, 2019
11,064 sqft lot|1961 Built|52 MLS days on market
11531 Bellflower Blvd, Downey, CA 90241
Property Description
FREE STANDING RESTAURANT - Great owner/user opportunity. Currently occupied by a sushi and grill restaurant on a month-to-month bases. Existing tenant would consider a sort-term lease. CUP for Type 41 licensing effective 2015. Free standing building on a large corner lot. Existing restaurant with outside patio seating. Approximately 1,224 sq. ft. building on an approximate 11,000 sq. ft. lot. ABOUT: Two separate parcels available for sale in Downey. Can be bought together or separately (owner prefers joint sale). One is a successfully ran auto repair/smog shop, in operation for over 20 years. The second is a free-standing restaurant building on a large corner lot. Population over 769,000 within a 3-mile radius. Zoned C-2 Commercial. Please do not disturb tenants. LOCATION: Subject properties are nestled between two major traffic arteries of Downey - Lakewood and Firestone Boulevard. Located within minutes of flourishing Downtown Downey, Stonewood Mall, and retail centers The Downey Landing and The Promenade at Downey. Properties are also within close proximity to PIH Hospital and Kaiser Permanente, with convenient access to I-105, I-605, I-5 and CA-91 freeways. DEVELOPMENT: Properties are within one-mile radius of city approved new developments, including town-home/apartment communities, 24-unit condominium development, and a 140-unit hotel (verify).
Listing agent: Gary MartinezDRE #01318932gary@ashwillassociates.com, Listing office: Ashwill Associates
MLS data updated 10/25/2026, 3:07:36 PM PT
Source: CRMLSMLS #: PW18261065
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$650,000
Jan 18, 2019
Available records22018–2019
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90241 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90241 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.