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An exceptional opportunity to own a premier entertainment venue in the heart of Downey. This 16,000 sq. ft. property is currently operating as a high-end nightclub, featuring a sophisticated, modern design and top-tier amenities. Designed for an unparalleled guest experience, the property boasts a spacious open floor plan, dramatic lighting, and stylish décor. The expansive main event space offers a sleek bar setup, luxurious VIP seating, a high-capacity dance floor, and a state-of-the-art sound and lighting system to accommodate live performances, private events, or large-scale nightlife experiences. The venue is move-in ready, requiring little to no upgrades for seamless operations. Additional highlights include ample parking, ensuring easy access for guests and clientele, high-end restrooms, private areas for staff and management, and an efficient layout for smooth operations. With strong visibility and easy access to major freeways, this location offers incredible exposure and convenience for both patrons and operators. Whether continuing as a nightlife destination or transforming into a premier banquet hall, event space, lounge, or entertainment venue, this property offers endless potential in an area known for its vibrant social scene.
Listing agent: Charlie Kachian DRE #01987652 ckachian@gmail.com, Listing office: JohnHart Real Estate
MLS data updated 10/19/2026, 6:29:35 AM PT
Source: CRMLS, MLS #: GD25207144
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 8, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$12,000,000Original asking price · Sep 8, 2025ZIP 90241 · Sep 2025
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.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.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.