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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Office buildings
12105 Paramount Blvd Downey, CA 90242-2309
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7371227
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
TILT-UP CONCRETE
Total area
2,964 SF
Lot
0.32 ac (14,078 SF)
Zoning code
DOC4*
APN
6246-008-024
UPID
US09-7371227
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.66M
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.66M
Owner & transaction history
Jae Mae H Dream Catchers LLC · 4 yrs held
Jae Mae H Dream Catchers LLC
since 2022
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
DOC4* · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.8M
+92.6%
Auto repair, garage
$1.4M
+46.4%
Medical building
$1.3M
+43.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Downey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Downey submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,660,000
ML approach
$1,655,000
CAP Approach
CAP Return
Estimation
6%
$1,210,000
6.5%
$1,115,000
7%
$1,035,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,805,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,370,000
Change: +46% · Conversion: Difficult
MEDICAL BUILDING
$1,345,000
Change: +44% · Conversion: Easy
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±10% · vs last sale $1.65M (Apr 22 2022)
Last sale anchor
$1.65M
Apr 22 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$558 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$21,682
Tax year 2024
Assessed value
$1,716,660
Assessed 2024
Previous assessed
$1,716,660
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,404,540
Assessed improvement
$312,120
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,964 SF
Lot
0.32 ac (14,078 SF)
Zoning code
DOC4*
APN
6246-008-024
UPID
US09-7371227
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
DOC4* · Downey, CA
Zoning DOC4* · permitted uses
DOC4* · Downey, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Downey. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Jae Mae H Dream Catchers LLC
Entity
Mailing address
411 E HUNTINGTON DR STE 107STE107, ARCADIA, CA 91006-3731
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2022
—
Jae Mae H Dream Catchers LLC
—
Deed
related
$657,000 · Southland Economic Deveopment Corporatio
Apr 22, 2022
$1,650,000
Jae Mae H Dream Catchers LLC
Soo Mi Kim
Grant Deed
$640,000 · Jpmorgan Chase Bank NA
May 19, 2005
—
Myungho M Lee
Lee,songza
Quit Claim Deed
related
—
May 19, 2005
$725,000
Soo Kim
Lee,myungho M
Grant Deed
$471,250 · Commonwealth Business Bank
Apr 6, 2005
—
Myungho M Lee
Silks Unlimited INC
Quit Claim Deed
related
—
Nov 12, 2004
—
Silks Unlimited INC
—
Deed Of Trust
related
$2,500,000 · Centerbank
Oct 31, 2000
—
Silks Unlimited INC
—
Deed Of Trust
related
$1,800,000 · California Center Bank
Aug 30, 1999
—
Ap
—
Deed Of Trust
related
$1,500,000 · California Center Bank
Dec 11, 1991
$415,000
Silks Unlimited
American General
Grant Deed
$332,000 · California Center Bank
—
—
Soo M Kim
—
Deed Of Trust
related
—
—
—
Silks Unlimited INC
—
Deed Of Trust
related
$2,000,000 · Centerbank
—
—
Silks Unlimited INC
—
Deed Of Trust
related
$1,000,000 · California Center Bank
Sep 28, 1959
—
—
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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