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    7420 Florence Ave Downey, CA 90240-3609
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    Property profile & analytics

    7420 Florence Ave, Downey, CA 90240-3609

    View on Map

    • Community centers
    • 22,425 SF
    • 1.95 lot acres
    Off-Market
    Last Sale Dec 2, 2021
    $7,400,074
    Property ID
    US09-6350504
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $7,040,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Amapola Deli & Market / Grocery & Convenience Store / Specialty Food Shop

    Property Details for 7420 Florence Ave

    Year built
    1959
    Construction
    TILT-UP CONCRETE
    Lot size
    1.95 lot acres
    Zone code
    DOC4*
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    6249-001-030
    APU
    6249001030

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 2, 2021 $7,400,000 Amadowney LLC Cmg Enterprises LLC Grant Deed $5.2M · Cmg Enterprises LLC
    Oct 18, 2021 — Cmg Enterprises LLC Carlos B Galvan Grant Deed —
    Aug 21, 2017 — Carlos B Galvan — Deed · related —
    Aug 28, 2007 — Cmg Ents LLC Galvan,carlos & Martha Grant Deed —
    Sep 11, 1998 — Carlos B Galvan — Grant Deed · related $1.9M · Banco Popular National Assoc
    Jun 10, 1998 $1,400,000 Carlos B Vazin Galvan,moe & Roya Grant Deed $980k · Banco Popular NA
    Apr 27, 1990 $72,000 Dev Ass Property Safeway Us Holdi Grant Deed —
    — — Carlos B Galvan — Deed Of Trust · related $2M · Americas United Bank
    — — Carlos B Galvan — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,440,000
      ML approach
      $5,620,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $10,120,000
      6.5%
      $9,345,000
      7%
      $8,675,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Downey
    County
    Los Angeles
    State
    California
    Longitude
    -118.14
    Latitude
    33.9578
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $103,697
    $5,306,040
    $2,392,920
    $7,698,960
    -
    $0.00
    $0.00
    $0.00
    More about this property
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