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Property profile & analytics
OFF-MARKET
Commercial real estate

7238 Florence Ave Downey, CA 90240

28,148 SF 0.65 ac lot
Property ID
US09-7468048
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 Commercial real estate
Total area 28,148 SF
Lot 0.65 ac (28,314 SF)
APN 6229001003,6229001004,622900
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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