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8416 Florence Ave, Downey, CA 90240
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8416 Florence Ave Downey, CA 90240

$1,675,000 Sold Price as of 07/21/2023
  • -- Beds
  • -- Baths
  • 3,858 Sq.Ft.
Sold
$1,675,000 Sold Price as of 07/21/2023 Refinance Your Mortgage
Map preview of 8416 Florence Ave, Downey, CA 90240

Property Overview: 8416 Florence Ave Downey, CA has -- bedrooms, -- bathrooms, 3,858 living square feet and 7,744 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two story, multi-tenant office building with 1 suite downstairs and 10 upstairs. Located on Florence Ave. just west of Brookshire, next door to U.S. Bank building. Men's and ladies bathrooms, large common area upstairs with skylights. Eight covered parking spaces in carport area plus 4 open spaces in rear lot. Storage cabinets in carports. Stairways located at north and south ends of the building.

Listed by Armando Perez | BRE #01352900 | Excellence RE Real Estate
Co-listed by Rafaela Perez | BRE #01454597 | Excellence RE Real Estate
Last checked: 12 minutes ago | Last updated: July 24th, 2023 | Source CRMLS | DOM: 60

Home details

Lot Sq. Ft
7,744
HOA Dues
$0/mo
Year built
1984
Garage
--
Property Type:
Office
Status
Sold
MLS#
DW23023039
City
Downey
County
Los Angeles
Time on Site
455 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2156
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 205
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 208
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 209
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 201
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 206
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 210
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 202
  • # of Beds: --
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Unit Breakdown 8
  • # of Units: 203
  • # of Beds: --
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Unit Breakdown 9
  • # of Units: 204
  • # of Beds: --
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Unit Breakdown 10
  • # of Units: 101
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 11
  • # of Units: 207
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8416 Florence Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 2156
  • Parcel Number: 6252013008
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Florence Ave.
View more facts & features

Local Downey Agent

Sale History for 8416 Florence Ave

Last sold for $1,675,000 on July 21st, 2023

  • July, 2023

  • Jul 21, 2023

    Date

    Sold

    CRMLS: DW23023039

    $1,675,000

    Price

  • Feb 9, 2023

    Date

    Active

    CRMLS: DW23023039

    $1,799,000

    Price

  • June, 2015

  • Jun 18, 2015

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

Show More

Tax History for 8416 Florence Ave

Assessed Value (2020): $934,092
Year Land Value Improved Value Assessed Value
2020 $549,467 $384,625 $934,092

Home Value Compared to the Market

This property vs the competition

8416 Florence Ave sold on July 21, 2023 for 96.61% higher 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 $466.3 per/sqft which puts the price per square foot 12.51% lower than the current median sale per square foot for the city of Downey.

About 8416 Florence Ave

Detailed summary of property

8416 Florence Ave is a office that recently sold in Downey, CA 90240. This office offered -- bedrooms, -- bathrooms, roughly 3,858 living square feet, and sits on an approximately 7,744 square foot lot. 8416 Florence Ave was first listed on ArdentRealEstateGroup.com on February 9, 2023. The homeowner sold the property for $1,675,000. 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 96.61% higher than the current median priced home. Local homes that are currently for sale include 2055 Hamner Ave, 16742 Orange Way and 4024 12th St. While the average home in Downey, CA is selling in 44 days, 8416 Florence Ave has a days on market of 60 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 8416 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 8416 Florence Ave

Public county record property details
Beds
--
Baths
--
Year built
1984
Sq. Ft.
3,858
Lot Size
7,743
Stories
1
Type
Office Bldg (General)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
6252-013-008

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%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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.

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