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$495,000 Just Listed
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Property Description
Established in 2017, this turnkey restaurant business specializes in premium steaks and fresh seafood, featuring authentic mariscos, and offers a unique dining experience with high-quality seafood, hand-cut steaks, delicious desserts, and a full-service bar featuring craft beer and signature cocktails. Known for its exceptional flavors and welcoming family- and dog-friendly atmosphere, the restaurant has built a loyal customer base and strong local reputation. Fully built out and ready for a new owner, this is an outstanding opportunity to acquire a well-established restaurant in a prime Downey location with the flexibility to continue the existing concept or bring your own vision to life.
Full Property Details
Full Property Details for 7860 Florence Ave
General
- Price: $495,000
- Status: Active
- Type: Business
- Source: MRMLS
- MLS ID: DW26170306
- Updated: 8/13/2026
- Days on Market: 2 days
- Added to Site: 3 day(s) ago
Business
- Name: Buena Mesa
- Business Type: Food & Beverage
- Year Established: 2017
Location
- County: Los Angeles
- Driving Directions: Rives Ave & Florence Ave
Structural Information
- Building Size: 5124
- Square Feet: 5,124
- Year Built: 1966
Lot Features
- Lot Size (Acres): 0.5889
- Useable Acres: .5889
- Lot Size (Sq. Ft.): 25,654
- Lot Size Source: Assessor
Financial Considerations
- Price Per Sq. Ft.: $96
Disclosures and Reports
- Property ID: 6251002021
Listed by Legaspi Commercial, GilLegaspi
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Schools
Schools serving 7860 Florence Ave
School District:Downey Unified School District
| Name | Grades | Distance |
|---|---|---|
Rio Hondo Elementary School, Downey, CA 7731 Muller Street, Downey, CA 90241 | K-5 | 0.4 mi |
Griffiths Middle School 9633 Tweedy Lane, Downey, CA 90240 | 6-8 | 0.4 mi |
Warren High School 8141 De Palma Street, Downey, CA 90241 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7860 Florence Ave
Date
Details
Price
Change
Source
8/12/2026
Listed
$495,000
-45%
MLS
7/09/2003
Sold
$900,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7860 Florence Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,574
5%
$1,279,598
4%
2023
$24,365
4%
$1,229,912
2%
2022
$23,421
3%
$1,205,797
2%
2021
$22,677
1%
$1,182,155
1%
2020
$22,458
26%
$1,170,035
2%
2019
$17,813
5%
$1,147,094
2%
2018
$16,962
4%
$1,124,603
2%
2017
$16,379
2%
$1,102,553
2%
2016
$16,119
2%
$1,080,936
2%
2015
$15,856
-17%
$1,064,700
2%
2014
$19,099
19%
$1,043,844
—
2013
$15,983
—
$1,039,128
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7860 Florence Ave
7860 Florence Ave, Downey, CA 90240 (MLS# DW26170306) is a Business property. 7860 Florence Ave is currently listed for $495,000 and was received on August 12, 2026. Want to learn more about 7860 Florence Ave? Do you have questions about finding other Business real estate for sale in Downey? You can browse all Downey real estate or contact a Coldwell Banker agent to request more information.

