7420 Florence Ave, Downey, CA 90240 Property Records

Los Angeles County property record for 7420 Florence Ave, Downey, CA 90240

Property Summary

Property Type	Regional Shopping Center, Mall
Details	22,425 sqft · built 1959
Lot Size	1.94 acres (84,819 sqft)
Owner	Company Name on File
Last Sale	$7,400,000 (Dec 2021)
Tax Bill	$105,716 (2025)
Deeds & Mortgages	Oct 2021 Sale Dec 2021 Sale & Mortgage + 1 more
Flood Zone	Zone X (reduced by levee)
APN	`6249-001-030`

Property Details

APN / Parcel Number

Primary APN	`6249-001-030`

Interior

Stories	1 Story
Building Area	22,425 sqft Total Area

Exterior

Year Built	Built 1959
Effective Year Built	Effective 1980
Exterior Material	Precast Concrete Panel
Construction Type	Masonry / Concrete Block
Fire Resistance	Masonry Walls, Wood Interior
Roof Material	Rolled Roofing
Lot Area	84,819 sqft
Garage Area	63,000 sqft

Utilities, Heating & Cooling

Cooling System	None
Heating System	Forced Air with A/C

Location & Zoning

Street Address	7420 FLORENCE AVE
City	DOWNEY
State	CA
Zip	90240-3609
Property Category	Commercial
Property Type	Commercial > Retail > Regional Shopping Center, Mall
Local Zoning Code	DOC4*
Legal Description	TRACT # 18430 LOT COM N 58 58 W 313.67 FT FROM MOST E COR OF LOT 24 TH N 58 58 W 255 FT TH S 31 3110 W 150 FT TH S 5 8 58 E 75 FT TH S 31 3110 W 259.13 FT TH S 58 5355 E 180 FT TH N 31 31 10 E 409.34 FT TO BEG PART OF LOT 24
Legal Subdivision	18430
Legal Tract	18430
Legal Block	2
Legal Lot Number	24
Jurisdiction	LOS ANGELES CA
Township / Civil Division	DOWNEY-NORWALK
Census Block Group	2
Census Block	2000
Census Tract	550801

Owner

7420 Florence Ave, a commercial property, is owned by a company that bought it in December 2021.

Source: Los Angeles County records, as of August 25, 2026

Owner of Record	Company Name on File
Mailing Address	2105 RIDGE POINTE DR, LAKE OSWEGO, OR 97034-7576
Owner Type	Company
Vesting	Limited Liability Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 18, 2021	Grant Deed, Transfer WFT NATIONAL TITLE, WFG NATIONAL TITLE
Dec 2, 2021	Grant Deed, Transfer · Commercial Mortgage CMG ENTERPRISES LLC
Jul 24, 2017	Loan Modification, Mortgage AMERICAS UNITED BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 2, 2021 · Amount on File
Deed Sale	Dec 2, 2021 · Amount on File
Prior Sale	Jun 10, 1998 · Amount on File
Deed Document Number	20211783448
Record Updated	Oct 29, 2026

October 2021: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	LOS ANGELES CA
Recording Date	Oct 18, 2021
Property Address	7420 FLORENCE AVE, DOWNEY, CA 90240-3609
Document Number	0001566149
Map Reference	MB 482 PG 6
Instrument Date	Sep 29, 2021
Instrument	21-1566149
Transaction Type	Transfer
Record Updated	Oct 27, 2021
Title Company	WFT NATIONAL TITLE, WFG NATIONAL TITLE

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	448 EAST RD, LA HABRA HEIGHTS, CA 90631-8150

December 2021: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	LOS ANGELES CA
Recording Date	Dec 2, 2021
Property Address	7420 FLORENCE AVE, DOWNEY, CA 90240-3609
Document Number	0001783448
Map Reference	MB 482 PG 6
Instrument Date	Sep 29, 2021
Instrument	21-1783448
Transaction Type	Transfer
Record Updated	Dec 10, 2021
Title Company	WFG NATIONAL TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2105 RIDGE POINTE DR, LAKE OSWEGO, OR 97034-7576

Mortgage

Document Number	0001783449
Date	Dec 2, 2021
Instrument	21-1783449

Lender

Name	CMG ENTERPRISES LLC
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Mortgage

Document Number	0001783450
Date	Dec 2, 2021
Instrument	21-1783450

Lender

Name	CMG ENTERPRISES LLC
Type	Non-Lending Institution
Address	CYPRESS, CA 90630

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

July 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	LOS ANGELES CA
Property Address	7420 FLORENCE AVE, DOWNEY, CA 90240-3609
Document Number	0000944520
Instrument Date	Jul 24, 2017
Transaction Type	Mortgage
Record Updated	Aug 24, 2017
Title Company	TICOR TITLE INSURANCE COMPANY, TICOR TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	448 EAST RD LA HABRA HEIGHTS CA 906318150, LA HABRA HEIGHTS, CA 90631-8150

Mortgage

Document Number	0000944520
Date	Aug 21, 2017
Instrument	944520

Lender

Name	AMERICAS UNITED BK
Type	Bank
Address	GLENDALE, CA 91203

Agreement

Term	60 Months
Due	Aug 20, 2022

Interest

Rate Type	Fixed Rate
Rate	4.42%

Tax Assessment & Valuation

The 2025 property tax bill for 7420 Florence Ave was $105,716.

Source: Los Angeles County assessment roll, as of August 25, 2026

Property Jurisdictions

Type	Name
State	California
County	Los Angeles County
Municipality	Downey City
Unified School District	Downey Unified School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026		$8,009,996 (+2%) Land $5,520,403 Building $2,489,593
2025	$105,716.00	$7,852,938 Land $5,412,160 Building $2,440,778
2023	$100,270.00 (+168.99%)	$2,334,002 Land $1,534,765 Building $799,237
2022	$37,276.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 7420 Florence Ave in Zone X, where a levee reduces flood risk.

Source: FEMA National Flood Hazard Layer, effective September 30, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X reduced by levee · depends on levee performance
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 7420 Florence Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	DOWNEY - CITY, WATER DEPT. serves 110,556 people · EPA ID CA1910034
Water Source	Groundwater
Lead	Under 1 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Coliform assessment Feb 2018
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 611 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	5,000 / 5,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: GeoLinks, Starry.

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