7641 Florence Ave #103, Downey, CA 90240
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7641 Florence Ave #103 Downey, CA 90240

$525,000 Sold Price as of 04/14/2023
  • 2 Beds
  • 2 Baths
  • 1,161 Sq.Ft.
Sold
$525,000 Sold Price as of 04/14/2023 Refinance Your Mortgage

Map preview of 7641 Florence Ave #103, Downey, CA 90240

Property Overview: 7641 Florence Ave #103 Downey, CA has 2 bedrooms, 2 bathrooms, 1,161 living square feet and 15,711 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: MOVE IN READY CONDO IN DOWNEY! This spacious 2 bedroom, 2 bathroom condo is perfect for a first time homebuyer. The home features a patio, beautiful flooring, recessed lighting throughout, gorgeous white shutters and cute modern touches throughout the home. Condo has central AC which is a huge plus! It's also located on the first floor which is great for those who don't want any stairs or have difficulties with stairs. Complex is quiet and quaint with community laundry area. Condo comes with 2 assigned parking spaces, one of which is located underneath a carport. Property is located minutes away from 710 freeway and plenty of food places nearby.

Listed by Kenneth Palma | BRE #01886266 | Palma Investments
Co-listed by Donnell Palma | BRE #01926704 | Palma Investments
Last checked: 9 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
15,711
HOA Dues
$225/mo
Year built
1973
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
RS23022834
City
Downey
County
Los Angeles
Time on Site
455 days

Property Details for 7641 Florence Ave #103

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Kitchen, Living Room, Master Bathroom, Master Bedroom
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport, Uncovered
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 6359016052
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: THE 7641 HOMEOWNERS ASSN
  • Association Fee: $225 (Monthly)
  • Association Amenities: Maintenance Grounds, Trash, Water
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Downey Unified
Location / Neighborhood
Location Information
  • Directions: Between Old School River RD and Rives Ave
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 7641 Florence Ave #103

Last sold for $525,000 on April 14th, 2023
  • April, 2023

  • Apr 14, 2023

    Date

    Sold

    CRMLS: RS23022834

    $525,000

    Price

  • Feb 9, 2023

    Date

    Active

    CRMLS: RS23022834

    $529,000

    Price

  • October, 2018

  • Oct 16, 2018

    Date

    Sold

    CRMLS: RS18152988

    $365,000

    Price

  • Sep 11, 2018

    Date

    Pending

    CRMLS: RS18152988

    $374,900

    Price

  • Aug 28, 2018

    Date

    Price Change

    CRMLS: RS18152988

    $374,900

    Price

  • Aug 7, 2018

    Date

    Price Change

    CRMLS: RS18152988

    $379,900

    Price

  • Jul 12, 2018

    Date

    Active

    CRMLS: RS18152988

    $389,900

    Price

  • Listing provided courtesy of CRMLS

    Charming condo in the city of Downey. Conveniently located near Rio Condo Country Club, Del Rio Lanes, Stonewood Center, Schools and Restaurants. This condo features beautiful wood laminate flooring through living room, dinning room and bedrooms. Kitchen has newer tile countertop that compliments traditional cabinets. New garbage disposal. Fireplace located in living room. Sliding door leads to private patio. Spacious bedrooms. Both bathrooms have water efficient toilets. Master bathroom offers double sink vanity. Gated community with 2 assigned car spaces. Community laundry. New A/C and heating system.

  • October, 2018

  • Oct 15, 2018

    Date

    Sold (Public Records)

    Public Records

    $365,000

    Price

  • August, 2016

  • Aug 26, 2016

    Date

    Sold (Public Records)

    Public Records

    $320,000

    Price

Show More

Tax History for 7641 Florence Ave #103

Assessed Value (2020): $372,300
Year Land Value Improved Value Assessed Value
2020 $202,266 $170,034 $372,300

Home Value Compared to the Market

This property vs the competition

7641 Florence Ave #103 sold on April 14, 2023 for 42.19% lower than the current median sold price for the city of Downey which is $915,000. The median sold price per/sqft for Downey is $533 and this home is sold at $455.64 per/sqft which puts the price per square foot 14.51% lower than the current median sale per square foot for the city of Downey.

About 7641 Florence Ave #103

Detailed summary of property

7641 Florence Ave #103 is a condominium that recently sold in Downey, CA 90240. This condo offered 2 bedrooms, 2 bathrooms, roughly 1,161 living square feet, and sits on an approximately 15,711 square foot lot. 7641 Florence Ave #103 was first listed on ArdentRealEstateGroup.com on February 9, 2023. The homeowner sold the property for $525,000. Home in Downey are selling for a median price of $915,000 and a median price per square foot of $533. Based on Ardent Real Estate Group's Downey Market Data, this home is sold 42.19% lower than the current median priced home. Local homes that are currently for sale include 5577 Pioneer Blvd #14, 3936 E 5th St and 923 S Alma Ave. This home does have a Homeowners Association and the monthly fee is $225 per month. While the average home in Downey, CA is selling in 44 days, 7641 Florence Ave #103 has a days on market of 15 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 sale at 7641 Florence Ave #103 Downey, CA 90240 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 7641 Florence Ave #103

Public county record property details
Beds
2
Baths
2
Year built
1973
Sq. Ft.
1,161
Lot Size
15,700
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
6359-016-052

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.