Property profile

8408 Florence Ave Downey, CA 90240

OFF-MARKET
Office buildings
Property ID
US09-8603152
3,296 SF 0.17 ac lot Built 1982
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction WOOD
Total area 3,296 SF
Lot 0.17 ac (7,425 SF)
Zoning code DOCP*
APN 6252-013-005
UPID US09-8603152

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
  • Insurance Agency
  • Loan Service Bank
  • Real Estate Agency
  • Insurance Agency
  • Real Estate Agency

Location

8408 Florence Ave Downey, CA 90240-3984
Downey metro Census 550902 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
$1.24M
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.18M

Owner & transaction history

since 2020
Last sale
$1.1M
4 recorded transactions
2026
Price N/A
2020
$1.1M
2016
Price N/A
2002
Price N/A

Zoning & alternative use

DOCP* · Downey, CA
Top alternative use upside
Auto repair, garage $1.5M +46.4%
Medical building $1.5M +43.8%

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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