Property profile

7238 Florence Ave Downey, CA 90240

OFF-MARKET
Retail properties & Spaces
Property ID
US09-7468048
28,148 SF 0.65 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 7238 Florence Avenue in Downey, California, presents a significant investment opportunity. The property boasts a substantial 28,148 square feet of retail space situated on a generous 0.65-acre lot. Its strategic location in Los Angeles County, zip code 90240, ensures high visibility and accessibility. The property is zoned R-3, offering flexibility for a variety of commercial uses. The expansive lot size provides ample room for expansion, redevelopment, or additional parking. The property's two Assessor's Parcel Numbers (APN) are 6229001003, 6229001004, and 622900. This prime Downey location offers excellent potential for a variety of retail businesses seeking a high-traffic area with significant visibility. The property's size and zoning make it an ideal candidate for redevelopment or expansion, catering to the growing needs of the Downey community. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property. This is a rare opportunity to acquire a substantial retail property in a thriving Los Angeles County market. The property is currently offered for sale.

Property profile

Verified
Property type Retail properties & Spaces
Total area 28,148 SF
Lot 0.65 ac (28,314 SF)
UPID US09-7468048

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7238 Florence Ave Downey, CA 90240
Downey metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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