8520 Florence Ave Downey, CA 90240

$1,030,000 Sold Price as of 09/15/2016

-- Beds
-- Baths
3,141 Sq.Ft.

Off Market

$1,030,000 Sold Price as of 09/15/2016 Refinance Your Mortgage

Map preview of 8520 Florence Ave, Downey, CA 90240

Property Overview: 8520 Florence Ave Downey, CA has -- bedrooms, -- bathrooms, 3,141 living square feet and 8,110 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8520 Florence Ave is currently an off market home 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 $879,000. The median price per/sqft for Downey is $541. 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 $175,800 for the down payment and will need roughly $17,580 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Downey the commission could be as much as $45,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 8520 Florence Ave

Last sold for $1,030,000 on September 15th, 2016

September, 2022
Sep 29, 2022

Date

Canceled

CRMLS: OC22159160

$2,700

Price
Jul 25, 2022

Date

Active

CRMLS: OC22159160

$2,700

Price
Listing provided courtesy of CRMLS

Great visibility on high traffic Florence Ave. in North Downey between Lakewood & Brookshire. Spacious office space with three private offices, storage & private bathroom. Parking spaces included. This unit is one of only three units in the building with the other two being occupied by a dental & a real estate offices.

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September, 2016
Sep 15, 2016

Date

Sold (Public Records)

Public Records

$1,030,000

Price
August, 2007
Aug 14, 2007

Date

Sold (Public Records)

Public Records

$1,300,000

Price

Tax History for 8520 Florence Ave

Assessed Value (2020): $1,093,043

Year	Land Value	Improved Value	Assessed Value
2020	$742,845	$350,198	$1,093,043

About 8520 Florence Ave

Detailed summary of property

8520 Florence Ave is categorized with a use code of Office Bldg (General) in Downey, CA 90240 and last sold on September 15, 2016 for $1,030,000. This property has -- bedrooms, -- bathrooms, roughly 3,141 living square feet, and sits on an approximately 8,110 square foot lot. Homes 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 12.57% higher than the current median priced home. 8520 Florence Ave was last sold on September 15, 2016 for $1,030,000. Local nearby listings include 10704 Paramount Blvd, 9339 Appleby St and 7727 Suva St. The average home in Downey, CA is selling in 48 days. There are currently 87 homes for sale in the Downey real estate market and 74 of them are single family homes while 6 of them are condos and 7 are townhomes. If you are the homeowner and looking to sell the home at 8520 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 8520 Florence Ave

Public county record property details

Beds: --
Baths: --
Year built: 1958
Sq. Ft.: 3,141
Lot Size: 8,110
Stories: 1

Type: Office Bldg (General)
Pool: No
Spa: No
County: Los Angeles
Lot#: 13
APN: 6252-012-014

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

$1,049,000

Median List Price/Sq.Ft.

$550

Median Sold Price

$955,000

Median Sold Price/Sq.Ft.

$489

Total Inventory

Median Sale to List Price %

97.95%

Avg Days on Market

Loan Type

Conventional (66.67%), FHA (16.67%), VA (0%), Cash (0%), Other (16.67%)

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(714) 706-1823

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