7355 Florence Ave, Downey, CA 90240
OFF MARKET

7355 Florence Ave
Downey, CA 90240

  • 16,511 sqft (on 1.10 acres)
16,511 sqft
(on 1.10 acres)

Local Information

Map showing home location
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-- mins to
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Description

Highlights Owner Spends Thousands of Dollars & A Big Reduction !!! of $300,000 /ASSUMABLE LOAN IS AVAILABLE Seller Cooperate But Do not Guarantee Very Motivated Seller. A Rare Opportunity With High Cap rate @8%+ The Area Is Highly Commercial and Residential Surrounded A Signalized Corner With Heavy Traffic 40,000+ Cars Per Day & A Busy Intersection is a major east west commuter road through the trade Lots of Synergy Highly Populated Area In One of the Best Area in Southern California in County of Los Angeles 1.26 Acer Land, and 53 Parking Space/Uniquely Is Located In Very Active Neighbordhood by Residentials, Shopping Centers,and Gas Station Big Reduction!!! of $300,000 Seller spend thousands of Dollor on the property for tenant's improvment. A Very Unique Opportunity of 8%+ Cap rate with long term tenant like 7Eleven, LIttle Caesars Pizza, PWS Coin Laundry, Dental Office along with other strong tenants like Linda Marques Insurance , Tax Services, Downey Escrow Company, Financial Co, Pap's Ice Cream, Clothing Store,and Hair Salon in the best Live Area of Downey City County of Los Angeles and Highly populated city in Southern California to acquire A 56,097SF Signalized Corner Land include A16, 511SF Well Maintained Buildings with 53 car space and -/+95% Occupancy . The property is surrounded by shopping centers and residential community and cross street from a Supermarket and Gas Station and many other regional and national tenants Florence Avenue and Tecum Dr. in 5 Mile Radius is 839,665+ in 3 Mile Radius 251,905+ In 1 Mile Radius 34,176+ Zoning : DOC4-P* Lot Acres : 1.29 County Use : Store & Office Land Use : Stores & Offices Lot Size : 56,097 Motivated Sellers. Buyers Must Verify All Information. DRE: 01453581
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 7355 Florence Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Unknown

Lot Information

Lot Area: 1.10 acres

Price History for 7355 Florence Ave

DatePriceEventSource
02/20/2020$5,425,000Sold
N/A
04/16/2014$2,585,025Sold
N/A
08/15/2007$3,675,000Sold
N/A

Market trends in Downey

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$882K
$5KMoM
Sale-to-List Price
100.6%
0.3%MoM
Price per sq ft
$584
$14MoM
Available listings
92
7MoM
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Property Tax and Assessment

Year2025
Tax$78,754
Assessment$5,933,027
Home facts updated by county records

Homeowner tools

Estimated monthly rent$2,596/mo
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Homes for rent near 7355 Florence Ave

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Comparable Sales for 7355 Florence Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7414 Dinsdale St, Downey, CA
0.07
Single-Family Home
$825,000
07/11/25
2
2
1,231
10302 Pomering Rd, Downey, CA
0.23
Single-Family Home
$1,192,000
10/23/25
3
2
2,058
10231 Old River School Rd, Downey, CA
0.10
Single-Family Home
$750,000
05/01/26
2
1
1,603
7303 Via Rio Nido, Downey, CA
0.29
Single-Family Home
$1,250,000
10/07/25
3
3
1,738
9221 Rives Ave, Downey, CA
0.76
Single-Family Home
$2,200,000
06/27/25
4
4
4,012
10246 Julius Ave, Downey, CA
0.25
Single-Family Home
$977,777
04/16/26
4
2
1,914
7535 Perry Rd, Bell Gardens, CA
0.69
Single-Family Home
$1,650,000
09/04/25
4
2
2,096
7421 Ivo St, Downey, CA
0.34
Single-Family Home
$1,075,000
10/14/25
4
2
2,122
10253 Hopeland Ave, Downey, CA
0.39
Single-Family Home
$1,125,000
05/20/26
3
2.5
2,406
10227 Rives Ave, Downey, CA
0.43
Single-Family Home
$1,250,000
08/22/25
4
3
2,276

Nearby homes

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Assigned Schools

These are the assigned schools for 7355 Florence Ave.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Downey

At least 1006 Trulia users voted on each feature.

  • 85 % Say it's dog friendly

  • 75 % Say it's walkable to restaurants

  • 74 % Say car is needed

  • 74 % Say yards are well-kept

  • 74 % Say there are sidewalks

  • 73 % Say there's holiday spirit

  • 70 % Say it's walkable to grocery stores

  • 63 % Say they plan to stay for at least 5 years

  • 63 % Say people would walk alone at night

  • 62 % Say it's quiet

  • 60 % Say parking is easy

  • 60 % Say streets are well-lit

  • 51 % Say kids play outside

  • 48 % Say neighbors are friendly

  • 31 % Say there's wildlife

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Dom_val2000
    "Saturday farmers market on La Reina and every third Thursday there is a night market near downtown Downey. "
    0
    Flag
  • Amanda_marie31
    "People don’t pick up after their dogs. A lot of dogs running loose making it somewhat nerve wracking "
    0
    Flag
  • Gc4xhyjhj8
    "It is a fairly safe place to walk around. Everything Is well maintained & everyone usually picks up after their dogs around here."
    0
    Flag
  • Jaime Leiva
    "It’s a truly family neighborhood, safe and clean. People are friendly and courteous. The vibe is really good for walking at any time."
    0
    Flag
  • Trulia User
    "I see dog walkers at all hours of the day…every day. This is a great neighborhood for digs & dig owners. "
    0
    Flag
  • Herrerafrank00
    "More congested than 10 years ago. Loved here 35 years and traffic is getting worse. Freeways touch Downeys borders "
    0
    Flag
  • Rtl.90241
    "Commute is very easy access to freeways and everything is just within minutes away. Roads are well maintained."
    0
    Flag
  • Jenni SH
    "Very family oriented. People take walks in the evening. There’s a sense of community. There’s lots of shops, grocery stores, etc. it’s a very pleasant little hidden gem. One thing I wish, that all the little streets had sidewalks. "
    0
    Flag
  • Camposanam73
    "Love Downey everything is convenient local malls stores and work is about 15 min away. Been on Downey over 13 years"
    0
    Flag
  • Jenni SH
    "Downey is just a great city to call home. There’s lots of restaurants and shopping centers. There’s at least one farmers market on Lakewood and Firestone and many neighborhoods are great for trick or treating "
    0
    Flag
  • Armando Gutierrez
    "They like it the place it’s beautiful and clam so they don’t main it people are nice and respectful "
    0
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  • Mistermnn
    "Lots of dog poop on side walks and front yards because lots of dog owners don’t think they have to pick up after there dogs or there are some dog owners in the neighborhood that let their dogs run loose in the neighborhood and there dog poops on neighbors yards and they don’t pick it up. Other than that it’s good. "
    0
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  • Herrerafrank00
    "Downey has everything you need, good schools, good food, friendly police department, community programs, only downside would be the traffic getting through the city during rush out, residents usually take the back streets."
    6
    Flag
  • C B
    "Traffic in Downey is really bad. Can take 30 minutes to get from North Downey to South Downey. Lakewood and Telegraph are packed. But near freeways and that helps."
    0
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  • Teresa
    "Apartments state Dog friendly, but state restrictions on weight which makes it hard to find an apartment within a neighborhood you wish to live in. "
    3
    Flag
  • Monique M.
    "Downey is a dog friendly neighborhood. Some people post individual signs to keep dogs from pooping on their lawn but to each their own. "
    11
    Flag
  • Melodygregorio
    "Movie nights, concerts in the park, ride and stride day, lots and lots of classes for adults, seniors, youth, and children etc. "
    6
    Flag
  • Joc O
    "I grew up in Downey, and have lived here as an adult away from my childhood home but still enjoy living here. It’s close to Cerritos, Lakewood, Bellflower which I visit for different errands. I can drive 30-40 mins (depending on traffic, time of day,etc) to Huntington Beach or Santa Monica. "
    2
    Flag
  • Darlena C. J.
    "There’s a lot of families, and the city is overall pretty safe to be in. The transportation system is all throughout the city. Make the move!"
    0
    Flag
  • Jennylopwz1226
    "I drive to places. Everything is within a 5 minute drive. Close to freeways or sometimes walk to restaurants."
    2
    Flag
  • Yreynaga974
    "Downey is a clean and safe area to grow up and live in. People are generally nice, responsible, respectable and caring human beings."
    2
    Flag
  • Jennifer V.
    "I lived here for seven years now. It is a clean neighborhood with great schools. It is a safe and friendly town."
    3
    Flag
  • Elizabeth D.
    "I have lived in downey for 24 years and I have always felt safe and I love my city. The local officials are always doing their best to take care of our city, local police department keeps us safe! "
    0
    Flag
  • Anamaeespinoza
    "Good family ambiance and lots of good place to go. You can walk, bikes on the area too. Very friendly people "
    2
    Flag
  • Wendy A.
    "I love it here. Never had an issue, lots of restaurants and parks. Clean and people are nice for the most part "
    0
    Flag
  • Brojoehdz
    "New to the area so I’m not really familiar with what takes place around here. However, my neighbors have been friendly and welcoming to me and my family. I have zero complaints about my experience here. "
    4
    Flag
  • Susan
    "ok, but increasing freeway traffic can be very challenging at times. I live 16 miles from home, on average that is a 30 minute commute which can turn into 60 minutes in days with freeway incidents. "
    0
    Flag
  • Wendy A.
    "The schools are good and kids are often seen using their bikes up and down alone. Also there are a lot of parks and it’s just a very calm city with pretty quiet people that keep to themselves. They have programs for kids at parks and in the community to keep them busy and active. Does need like a Chuck E. Cheese type of establishment or a jumper place of some sort"
    2
    Flag
  • Wendy A.
    "Concerts in the park, food festivals, day of dead festival, good restaurants. Overall a safe place to ride bikes, parks"
    1
    Flag
  • Jenny M.
    "Safe city to raise your children in. I was born and raised and it is safe, lots of kids and great education "
    0
    Flag
  • Vanessa
    "There is lots to do! From miniature golfing to movies to bowling. The city has lots of history and feels safe. "
    0
    Flag
  • Mpmontiel0214
    "Clean, beautiful and peaceful place to live! Lovely and wonderful people. So traditional and quiet "
    0
    Flag
  • Ashley P.
    "Very close to my job and surrounding places I normally visit. I really enjoy living in Downey CA. "
    0
    Flag
  • Cristina Z.
    "Schools are good. Pretty safe to walk at night. I love it here. Been living here for 6 years now. I just wish it was less expensive "
    0
    Flag
  • Marcia V.
    "Nice area to raise kids in.Everything is close by schools shopping center mall markets eateries etc.."
    1
    Flag
  • Calleros1d
    "Many local churches with active goers. Farmers market every Saturday’s and people are constantly walking their pets or running themselves "
    0
    Flag
  • Jose S.
    "I love the area. it is close to down town La, but still far enough away to have some nature around me."
    0
    Flag
  • Esteban G.
    "Just keep an eye on your children, there have been many reports of kidnappings happening in the area. "
    3
    Flag
  • Yvette R.
    "About schools and predators that may live in the area. Also closest freeway to access and crime reports "
    0
    Flag
  • Yaritzaduenas22
    "I lived in Downey for about 10 years I grew up here and I love the neighborhood and proper education I was given. I still live in Downey and have kids of my own and I don’t feel unsafe with my kids in Downey. "
    0
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Off Market Homes Near 7355 Florence Ave

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7355 Florence Ave, Downey, CA 90240 is a 16,511 sqft unknown built in 1959. This property is not currently available for sale. 7355 Florence Ave was last sold on Feb 20, 2020 for $5,425,000.