7340 Florence Ave, Downey, CA 90240
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7340 Florence Ave Downey, CA 90240

$1,750
  • -- Beds
  • -- Baths
  • 16,486 Sq.Ft.
For Lease
$1,750 Get Pre-Qualified

Map preview of 7340 Florence Ave, Downey, CA 90240

Property Overview: 7340 Florence Ave Downey, CA has -- bedrooms, -- bathrooms, 16,486 living square feet and 31,683 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Leasing a small 440 square foot office location in the bustling entrance of Downey, situated on the highly trafficked Florence Avenue, presents an unparalleled opportunity for businesses seeking prime visibility and accessibility. With its move-in ready condition, upgraded facilities, private restrooms, surveillance cameras, cleanliness, and safety measures in place, this office space offers an ideal setting for various businesses to thrive. Recessed lights are being installed in the office. Office for lease is located on the 2nd floor close to the stairwell and restrooms. Businesses that would be perfect for this office lease include: * Professional Services: Such as law firms, accounting offices, financial advisors, or insurance agencies. These businesses benefit from a central location to meet clients and conduct consultations. * Real Estate Brokerage: Given the high visibility, real estate agencies can attract potential clients passing by and utilize the office space for client meetings and administrative tasks. * Creative Studios: Graphic designers, photographers, or architects can utilize the space as a studio for their creative work, benefiting from the upgraded facilities and privacy. * Consulting Services: Management consultants, marketing agencies, or HR firms can use the office as a base for meetings with clients and conducting business operations. Overall, this office lease presents an exceptional opportunity for businesses looking to establish a visible presence in Downey's entrance, capitalize on the high traffic flow along Florence Avenue, and operate efficiently in a move-in ready, upgraded, and secure environment.

Listed by Fernando Spindola | BRE #01745219 | Big Block Powerhouse Realty
Last checked: 7 seconds ago | Last updated: March 28th, 2024 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft
31,683
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Office
Status
Active
MLS#
DW24058241
City
Downey
County
Los Angeles
Time on Site
47 days

Open Houses for 7340 Florence Ave

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Property Details for 7340 Florence Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 6229002025
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Exit 710 Freeway and Go East on Florence, Pass Clara Street and Continue Over the Bridge/Riverbed. As you are entering the city of Downey you will see the red/maroon 2-story building on the South side Before the street: Old River School Road.
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Sale History for 7340 Florence Ave

Last sold for $2,100,000 on June 17th, 2004
  • March, 2024

  • Mar 23, 2024

    Date

    Active

    CRMLS: DW24058241

    --

    Price

  • June, 2004

  • Jun 17, 2004

    Date

    Sold (Public Records)

    Public Records

    $2,100,000

    Price

  • October, 2002

  • Oct 30, 2002

    Date

    Sold (Public Records)

    Public Records

    $1,400,000

    Price

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Tax History for 7340 Florence Ave

Assessed Value (2020): $2,730,098
Year Land Value Improved Value Assessed Value
2020 $1,430,050 $1,300,048 $2,730,098

Home Value Compared to the Market

This property vs the competition

7340 Florence Ave is currently listed for lease in the city of Downey. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Downey has a median list price of $895,000. The median price per/sqft for Downey is $543. With those numbers in mind, if you are looking to purchase a median priced home in Downey, CA and put 20% down you will need to save up $179,000 for the down payment and will need roughly $17,900 for closing costs on top of the down payment.

About 7340 Florence Ave

Detailed summary of property

7340 Florence Ave is a office for lease located in Downey, CA 90240. This office offers -- bedrooms, -- bathrooms, roughly 16,486 living square feet, and sits on an approximately 31,683 square foot lot. 7340 Florence Ave was first listed on ArdentRealEstateGroup.com on March 23, 2024. The homeowner is currently asking $1,599-$1,750. Local homes that are currently for sale include 11460 Samoline Ave, 11532 Samoline Ave and 8409 Quinn St. While the average home in Downey, CA is selling in 44 days, 7340 Florence Ave has a days on market of 36 days. There are currently 92 homes for sale in the Downey real estate market and 80 of them are single family homes while 6 of them are condos and 6 are townhomes. For more information on this home for lease at 7340 Florence Ave Downey, CA 90240 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 7340 Florence Ave

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
16,486
Lot Size
31,683
Stories
2
Type
Office Bldg (Multi-Story)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
6229-002-025

The source for these homes facts are from public records.

90240 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,099,000
Median List Price/Sq.Ft.
$550
Median Sold Price
$955,000
Median Sold Price/Sq.Ft.
$489
Total Inventory
30
Median Sale to List Price %
97.95%
Avg Days on Market
16
Loan Type
Conventional (66.67%), FHA (16.67%), VA (0%), Cash (0%), Other (16.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.