Property profile

7860 Florence Ave Downey, CA 90240

FOR SALE
Turn key restaurants
Property ID
US09-8469830
5,124 SF 0.59 ac lot Built 1966
Individually Owned 23-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard
7860 Florence Ave, Downey, CA 90240 For Sale
$495,000 5,124 SF
7860 Florence Ave, Downey, CA 90240
View Listing →

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1966
Construction WOOD
Total area 5,124 SF
Lot 0.59 ac (25,648 SF)
Zoning code DOC1*
APN 6251-002-021
UPID US09-8469830

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

7860 Florence Ave Downey, CA 90240
Downey metro Census 550801 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2003
4 recorded transactions
2003
$900,000
1999
Price N/A
1992
Price N/A
1992
Price N/A

Zoning & alternative use

DOC1* · Downey, CA

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message