NOT LISTED FOR SALE

8301 Florence Ave Downey, CA 90240

Estimated Value: $6,985,369

Studio
-- Bath
23,316 Sq Ft
$300/Sq Ft Est. Value

About This Home

This home is located at 8301 Florence Ave, Downey, CA 90240 and is currently estimated at $6,985,369, approximately $299 per square foot. 8301 Florence Ave is a home located in Los Angeles County with nearby schools including Gallatin Elementary School, Griffiths Middle School, and Warren High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Cnna Llc
Bought by
8301 Florence Avenue Llc
Current Estimated Value
$6,985,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,408,000
Outstanding Balance
$4,221,249
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$2,794,561

Purchase Details

Closed on
Dec 6, 2016
Sold by
Montoya Carlos F and Montoya Ana E
Bought by
Cnna Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2013
Sold by
Kornoff James A and Kornoff Barbara J
Bought by
Montoya Carlos F and Montoya Ana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,360,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2002
Sold by
Villaescusa Joseph G and Diaz Guadalupe
Bought by
Kornoff James A and Kornoff Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,044,400
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 1999
Sold by
Villaescusa Joseph G and Diaz Ernesto A
Bought by
Villaescusa Joseph G and Diaz Guadalupe

Purchase Details

Closed on
Jan 27, 1999
Sold by
Villaescusa Sandra T
Bought by
Villaescusa Joseph G

Purchase Details

Closed on
Jan 27, 1998
Sold by
Diaz Ernesto A and Diaz Guadalupe
Bought by
Villaescusa Joseph G and Diaz Ernesto A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,252,000
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 1996
Sold by
Great Western Bank
Bought by
Diaz Ernesto A and Diaz Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
7.59%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 1994
Sold by
California Reconveyance Company
Bought by
Great Western Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
8301 Florence Avenue Llc $5,965,000 California Best Title
Cnna Llc $4,400,000 None Available
Montoya Carlos F $2,950,000 Fatcola
Kornoff James A $1,865,000 Fidelity National Title
Villaescusa Joseph G -- --
Villaescusa Joseph G -- Fidelity National Title Co
Villaescusa Joseph G -- Fidelity National Title Co
Diaz Ernesto A $815,000 --
Great Western Bank Fsb $658,950 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8301 Florence Avenue Llc $4,408,000
Previous Owner Cnna Llc $2,200,000
Previous Owner Montoya Carlos F $2,360,000
Previous Owner Kornoff James A $1,044,400
Previous Owner Villaescusa Joseph G $1,252,000
Previous Owner Diaz Ernesto A $640,000
Closed Kornoff James A $250,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $79,285 $6,205,986 $2,772,666 $3,433,320
2024 $79,285 $6,084,300 $2,718,300 $3,366,000
2023 $64,158 $4,908,280 $2,231,037 $2,677,243
2022 $61,025 $4,812,041 $2,187,292 $2,624,749
2021 $59,532 $4,717,688 $2,144,404 $2,573,284
2019 $58,367 $4,577,760 $2,080,800 $2,496,960
2018 $41,895 $3,192,667 $1,406,938 $1,785,729
2016 $40,300 $3,068,693 $1,352,305 $1,716,388
2015 $39,713 $3,022,600 $1,331,993 $1,690,607
2014 $37,498 $2,963,393 $1,305,902 $1,657,491
Source: Public Records

Map

California Los Angeles County Downey 90240

8301 Florence Ave, Downey, CA

Not Listed for Sale

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