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Financial
Distress signals
Property profile

7860 Florence Ave Downey, CA 90240

OFF-MARKET
Turn key restaurants
Property ID
US09-8469830
5,124 SF 0.59 ac lot Built 1966
Last sale Jul 2003 · $900,000
Individually Owned Owner of record is an individual. 23-yr Hold Held for 23 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 7860 Florence Ave in Downey, California is configured and historically operated as a fully built-out full-service restaurant with a steak-and-seafood style menu and a full bar. The operational concept includes a combined food-and-beverage program featuring steaks and seafood offerings alongside desserts and a craft-beer and cocktail service model. The space is suitable for continued restaurant use under a similar concept or for adaptation to an alternative restaurant concept, based on the existing built-out condition and bar-and-dining layout.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$25k
Tax billed · 2024
Assessed value$1.25M
Assessed land$732k
Assessed improvement$523k
Effective rate2.00%

Value estimate

· Oct 2026
$310k
$279k – $341k
AI approach$325k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$651/SF
County average, outlier-cleaned · 934 recorded sales of this use type
Observed band · Q1–Q3$272 – $1,124
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DOC1*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility14.1
Carpet & Flooring Store9.3
Pawn Shop9.3

Location

7860 Florence Ave Downey, CA 90240-3728
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7410 Florence, Downey, CA 90240-3609 $3,100,031 Sep 2023 3,108 SF
10010 Paramount, Downey, CA 90240-3808 $5,400,000 Apr 2023 5,940 SF
7401 Florence, Downey, CA 90240-3608 $1,325,000 Mar 2023 4,447 SF
8645 Florence, Downey, CA 90240-4032 $1,855,000 Jul 2021 10,044 SF
9144 Telegraph, Downey, CA 90240-2467 $740,007 Jul 2019 3,008 SF
7444 Florence, Downey, CA 90240-3600 $1,100,000 Apr 2019 13,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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