$5,425,000
Last sold price
- 16,511 sqft (on 1.10 acres)
7355 Florence Ave, Downey, CA 90240
Currently Off Market - Sold Feb 20, 2020 for $5,425,000
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Single-Family Home | $1,365,000 | 07/02/26 | 3 | 3 | 2,521 | |
0.23 | Single-Family Home | $1,192,000 | 10/23/25 | 3 | 2 | 2,058 | |
0.10 | Single-Family Home | $750,000 | 05/01/26 | 2 | 1 | 1,603 | |
0.15 | Single-Family Home | $975,000 | 07/23/26 | 3 | 1.5 | 1,534 | |
0.29 | Single-Family Home | $1,250,000 | 10/07/25 | 3 | 3 | 1,738 | |
0.17 | Single-Family Home | $861,000 | 06/24/26 | 2 | 2 | 1,435 | |
0.21 | Single-Family Home | $961,000 | 06/25/26 | 3 | 2 | 1,598 | |
0.25 | Single-Family Home | $977,777 | 04/16/26 | 4 | 2 | 1,914 | |
0.77 | Single-Family Home | $2,415,000 | 07/15/26 | 5 | 4 | 4,388 | |
0.69 | Single-Family Home | $1,650,000 | 09/04/25 | 4 | 2 | 2,096 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | $817,600 | 2 | 2 | 1,231 | Off Market | |
0.14 | $933,800 | 2 | 1 | 1,450 | Off Market | |
0.17 | $1,150,000 | 4 | 3 | 2,295 | For Sale | |
0.15 | $975,000 | 3 | 1.5 | 1,534 | Recently Sold | |
0.21 | $961,000 | 3 | 2 | 1,598 | Recently Sold | |
0.15 | $1,023,400 | 3 | 2 | 1,865 | Off Market | |
0.18 | - | 3 | 2 | 1,599 | Off Market | |
0.17 | $861,000 | 2 | 2 | 1,435 | Recently Sold | |
0.13 | $986,000 | 3 | 1.5 | 1,781 | Off Market | |
0.22 | $1,378,000 | 4 | 2 | 1,850 | For Sale | |
0.22 | $952,100 | 3 | 2.5 | 1,752 | Off Market | |
0.23 | $1,187,800 | 3 | 2 | 2,058 | Off Market |
Local Information
-- mins to
Home Highlights
Year Built
1959
Lot Size
1.1 acres
Living Area
16,511 sqft
About this House
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
7355 Florence Ave, Downey, CA 90240 is a 16,511 sqft unknown built in 1959. It last sold for $5,425,000 on Feb 20, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,596/month.
Home Details for 7355 Florence Ave
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Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 1959 |
Property Type / Style Property Type: Unknown |
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Lot Area: 1.10 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 20, 2020 Source: N/A | Sold | $5,425,000 |
Apr 16, 2014 Source: N/A | Sold | $2,585,025 |
Aug 15, 2007 Source: N/A | Sold | $3,675,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $6,051,686 |
Home facts updated by county records
Market trends in Downey
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
99
1MoM
Around this home
What Locals Say about Downey
At least 1007 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
32 % Say there's wildlife
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 7355 Florence Ave
- What is the price history for 7355 Florence Ave?7355 Florence Ave in Downey, CA last sold for $5,425,000 in February 2020.
- Is Downey a buyer's or seller's market?Downey is currently a seller's market, based on recent for-sale activity.
- What do residents say about Downey?Residents describe Downey, CA as dog-friendly, walkable to restaurants, and well-kept. See recently sold homes in Downey, CA.
- What are the closest schools to 7355 Florence Ave?The closest schools to 7355 Florence Ave in Downey, CA are Griffiths Middle School (rated 8/10), Price Elementary School (rated 7/10), Warren High School (rated 7/10).