7420 Florence Avenue, Downey, CA 90240 Property Information
7420 Florence Avenue, Downey, CA 90240 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 7420 Florence Avenue, Downey |
| Zip code | 90240 |
| County | Los Angeles |
| Municipality | Downey |
Sales & Tax Overview for 7420 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 | 12/02/2021 |
| Sale price | $7,400,000 |
| Arm's length | Register |
| Current property tax | $105,629 |
Lot & Building Information for 7420 Florence Avenue, Downey
| Building sqft | 22,425 |
| Building class | Shopping Center (Neighborhood, Community) - One Story (1500) |
| Acreage | 1.947
|
| Units | 1 |
| Year built | 1959 |
| Year last altered | 1999 |
| Stories | 1 |
Zoning, Use & Area Overview
| Zoning district | Register |
| Weed hazard | No |
| School district | Downey Unified School District |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab. For more property insights, including its Energy Star score, its Existing Buildings Energy and Water Efficiency Program (EBEWE) status, and additional energy and water usage data, create an account.
Other Property Data for 7420 Florence Avenue, Downey
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 7420 Florence Avenue, Downey , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 7420 Florence Avenue, Downey
This Shopping Center (Neighborhood, Community) - One Story (1500) located at 7420 Florence Avenue, Downey, CA 90240 has a total of 22,425 square feet and a current price per square foot of $329.
What is the year built & the current market value of 7420 Florence Avenue, Downey, CA 90240?7420 Florence Avenue, Downey, CA 90240 was built in 1959 and has a current tax assessor's market value of $8,009,996.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
Ownership Information
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Past Sales & Property History for 7420 Florence Avenue, Downey
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Title Documents for 7420 Florence Avenue, Downey
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R: Recorded date
D: Document date
Property Taxes for 7420 Florence Avenue, Downey
Access detailed property tax data for 7420 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 | $95,551 |
| Current property tax | $105,629 |
| Market value | $8,009,996 |
Special Assessments And Penalties for 7420 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 | Register |
| 06202 | County Sanitation District #2 | Register |
| 14358 | Downey Light District Zone L | Register |
| 14354 | Downey Lighting District Zone Ii | Register |
| 14353 | Downey Safety Lighting Zone Iii | Register |
Assessment History for 7420 Florence Avenue, Downey
Here's the assessment & property tax history for 7420 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 | $8,009,996 | 1.1929 | $95,551 | +1.61% |
| 2024-2025 | $7,852,938 | 1.1975 | $94,039 | +235.44% |
| 2023-2024 | $2,380,681 | 1.1776 | $28,035 | +5.53% |
| 2022-2023 | $2,334,002 | 1.1382 | $26,566 | +1.74% |
| 2021-2022 | $2,288,238 | 1.1411 | $26,111 | +1.61% |
Permits for 7420 Florence Avenue, Downey
The complete history of permits filed for 7420 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
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.
Check out recently sold homes in Downey and see how their prices compare.
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 | Register |
| Landslides and liquefaction map | Register |
Transportation
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Neighbors for 7420 Florence Avenue, Downey
Here are the neighbors for 7420 Florence Avenue, Downey.