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7340 Florence Avenue, Downey, CA 90240 Property Information

7340 Florence Avenue, Downey, CA 90240 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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7340 Florence Avenue, Downey, CA 90240
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Address

Primary address 7340 Florence Avenue, Downey
Zip code 90240
County Los Angeles
Municipality Downey

Sales & Tax Overview for 7340 Florence Avenue, Downey

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 06/17/2004
Sale price $2,100,021
Arm's length
Current property tax $42,389

Lot & Building Information for 7340 Florence Avenue, Downey

Building sqft 10,338
Building class Office Building - 2 to 5 Stories (1702)
Acreage 0.727
Year built 1965
Year last altered 1969
Stories 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Downey Unified School District

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Other Property Data for 7340 Florence Avenue, Downey

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About 7340 Florence Avenue, Downey

How many square feet does 7340 Florence Avenue, Downey, CA 90240 have?

This Office Building - 2 to 5 Stories (1702) located at 7340 Florence Avenue, Downey, CA 90240 has a total of 10,338 square feet.

What is the year built & the current market value of 7340 Florence Avenue, Downey, CA 90240?

7340 Florence Avenue, Downey, CA 90240 was built in 1965 and has a current tax assessor's market value of $3,045,471.

Ownership Information

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Past Sales & Property History for 7340 Florence Avenue, Downey

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Purchase date Purchase price Buyer name Seller name
06/17/2004 $2,100,021
10/30/2002 $1,400,014
10/05/1989 $550,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 7340 Florence Avenue, Downey

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
11/16/2022 Reconveyance
11/16/2022 Substitution Trustee
11/03/2022 Agreement
Subordination
11/03/2022 Assignment of Rents
Financing Statement
Trust Deed
12/01/2032
11/03/2022 Grant Deed
(File correction - Single parcel sale)
01/14/2015 Reconveyance
Substitution Trustee
06/17/2004 Deed
(Sale for consideration - full DTT - Single parcel sale)
10/30/2002 Deed
(Sale for consideration - full DTT - Single parcel sale)
10/05/1989 Deed
10/05/1989 Deed
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R: Recorded date
D: Document date

Property Taxes for 7340 Florence Avenue, Downey

Access detailed property tax data for 7340 Florence Avenue, Downey, CA 90240. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $36,329
Current property tax $42,389
Market value $3,045,471

Special Assessments And Penalties for 7340 Florence Avenue, Downey

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
35071 Central Basin Mwd Standby Charge
06202 County Sanitation District #2
14358 Downey Light District Zone L
14354 Downey Lighting District Zone Ii
14353 Downey Safety Lighting Zone Iii

Assessment History for 7340 Florence Avenue, Downey

Here's the assessment & property tax history for 7340 Florence Avenue, Downey, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $3,045,471 1.1929 $36,329 +1.61%
2024-2025 $2,985,757 1.1975 $35,754 +3.72%
2023-2024 $2,927,213 1.1776 $34,471 +5.53%
2022-2023 $2,869,818 1.1382 $32,664 +1.74%
2021-2022 $2,813,548 1.1411 $32,105 +1.61%

Permits for 7340 Florence Avenue, Downey

The complete history of permits filed for 7340 Florence Avenue, Downey, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Data not available for this property.

Downey residential market stats

Median Sale Price
$833,000
-2% YoY
Median Price/Sqft
$557
3.1% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

Access a detailed real estate market overview of Downey so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Downey and compare it to other neighborhoods in Los Angeles County.

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Demographics by Zip Code

Total population 24,853
Median age 38.9
Average household income $138,332
Family households 80.9%
Occupied housing units 7,775
Owner occupied units 64.9%
Average number of people per household 3.19
Median year structure built 1957
Median value for units with a mortgage $796,800
Median value for units without a mortgage $861,000

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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Neighbors for 7340 Florence Avenue, Downey

Here are the neighbors for 7340 Florence Avenue, Downey.

Address Square feet Purchase date Purchase price
7301 Irwingrove Dr, Downey 1,976 05/05/2014 $515,000
10231 Old River School Rd, Downey 875 08/16/2012
7319 Irwingrove Dr, Downey 1,619 10/10/2025
7320 Irwingrove Dr, Downey 2,188 09/18/2025
7336 Florence Ave, Downey 8,336 10/30/2014
7300 Florence Ave, Downey 50,416 02/28/2025
7325 Irwingrove Dr, Downey 6,868 10/29/2021
10303 Old River School Rd, Downey 1,262 11/16/2018 $500,000
7360 Florence Ave, Downey 1,647 11/29/2012 $197,000
7337 Irwingrove Dr, Downey 1,450 03/05/2024 $820,000
7315 Irwingrove Dr, Downey 1,619 12/05/2002 $410,004
7331 Irwingrove Dr, Downey 2,534 02/19/2021
7348 Florence Ave, Downey 15,576 04/20/2023
7326 Irwingrove Dr, Downey 1,190 08/09/2010
10225 Old River School Rd, Downey 1,807 02/13/2018 $440,000
10215 Old River School Rd, Downey 3,204 12/16/2022
7251 Irwingrove Dr, Downey 1,484 03/09/2012 $290,000
7307 Irwingrove Dr, Downey 734 10/04/2006
7332 Irwingrove Dr, Downey 1,433 10/17/2024
10239 Old River School Rd, Downey 1,872 11/22/2002 $456,004

Nearby ZIP Codes for 7340 Florence Avenue, Downey

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