Attention Investors, Builders, and Developers! This is a unique opportunity to acquire three parcels with highly desirable DOR3-PB* multi-family zoning. The combined area is approximately 35,637 sq. ft. The parcels being sold together are: APN#6229-001-008 (15,398 sq. ft.), APN#6229-001-009 (7,569 sq. ft.), and APN#6229-001-023 (12,670 sq. ft.), The land is mostly behind 7214 and 7218 Florence. Prospective buyers are encouraged to contact the City of Downey planning department to discuss the number/density of units allowed, as these details will vary based on the buyer's proposed development plans.
Attention Investors, Builders, and Developers! This is a unique opportunity to acquire three parcels with highly desirable DOR3-PB* multi-family zoning. The combined area is approximately 35,637 sq. ft. The parcels being sold together are: APN#6229-001-008 (15,398 sq. ft.), APN#6229-001-009 (7,569 sq. ft.), and APN#6229-001-023 (12,670 sq. ft.), The land is mostly behind 7214 and 7218 Florence. Prospective buyers are encouraged to contact the City of Downey planning department to discuss the number/density of units allowed, as these details will vary based on the buyer's proposed development plans.
Don't miss out on this incredible opportunity to own two parcels of land in the sought-after City of Downey (6366-017-011 and 6366-017-012). Both parcels are to be sold together. With a combined total of 12,181 square feet, the possibilities are endless. Build up to 4 single-family homes in this secluded area on the northwest side of Downey. We seek serious builders, contractors, investors, and innovators ready to take on this exciting project. This is a rare chance to develop desirable homes in a prime location. Take advantage of this unique opportunity and let your creativity run wild. Start envisioning the future of four brand-new homes in Downey in today's market!
The median home value in Downey, CA is $745,600. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Downey, CA is $745,600. Approximately 47.29% of Downey homes are owned, compared to 49.19% rented, while 3.52% are vacant. Downey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Downey real estate agent to arrange a tour today!
Downey, California 90240 has a population of 114,293. Downey 90240 is more family-centric than the surrounding county with 32.42% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Downey, California 90240 is $77,972. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Downey 90240 is 35.9 years.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 46 degrees. The average rainfall is approximately 14.1 inches per year, with 0 inches of snow per year.