Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12121 Firestone Blvd Norwalk, CA 90650
    Back to Search
    Property profile & analytics

    12121 Firestone Blvd, Norwalk, CA 90650

    View on Map
    • Commercial kitchens
    • 1,450 SF
    • 0.24 lot acres
    Off-Market
    Property ID
    US09-8571749
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial kitchens

    Property Details for 12121 Firestone Blvd

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.24 lot acres
    Zone code
    NOC3*
    Property type
    Commercial kitchens
    Property subtype
    Commercial kitchens
    APN
    8056-006-003
    APU
    8056006003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 15, 2004 — Grieco,tr Grieco,claudia R Quit Claim Deed · related —
    Feb 6, 2002 — Claudia R Grieco Grieco,c R Tr Quit Claim Deed · related —
    Oct 29, 2001 — Goldsmith,martin Tr Goldsmith,m S Quit Claim Deed · related —
    May 20, 1993 $375,090 Martin S Goldsmith Tamkin,rita R Grant Deed $300k · Seller

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Los Angeles
    State
    California
    Longitude
    -118.075
    Latitude
    33.9094
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,333
    $45,478
    $53,754
    $99,232
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $900,000
      1,503 SF

      12155 Firestone Blvd

      TAKE-OUT RESTAURANT
      12155 Firestone Blvd, Norwalk, CA 90650-4360
      View Details
    • Value Estimation by Request
      720 SF

      12000 Rosecrans Ave

      TAKE-OUT RESTAURANT
      12000 Rosecrans Ave, Norwalk, CA 90650-4119
      View Details
    • Value Estimation
      $600,000
      817 SF

      12001 Rosecrans Ave

      TAKE-OUT RESTAURANT
      12001 Rosecrans Ave, Norwalk, CA 90650-4120
      View Details
    • Value Estimation
      $600,000
      3,878 SF

      10841 Imperial Hwy

      TAKE-OUT RESTAURANT
      10841 Imperial Hwy, Norwalk, CA 90650-2264
      View Details
    • Value Estimation by Request
      2,487 SF

      11790 Firestone Blvd

      TAKE-OUT RESTAURANT
      11790 Firestone Blvd, Norwalk, CA 90650-2899
      View Details
    • Value Estimation by Request
      70 SF

      10953 Alondra Blvd

      TAKE-OUT RESTAURANT
      10953 Alondra Blvd, Norwalk, CA 90650
      View Details

    Similar Nearby for Sale

    • $1,699,000

      Income-Producing Restaurant Investment Opportunity

      Established restaurant property with income-generating potential on high-traffic avenue.
      13226 Rosecrans Ave, Norwalk, CA 90650
      View Details
    • Contact for pricing
      5,800 SF

      Norwalk Retail Investment Opportunity

      Multi-tenant retail property with established tenants and upside potential.
      11610 Imperial Hwy, Norwalk, CA 90650
      View Details
    • $1,699,000
      5,500 SF

      Income-Producing Restaurant Property For Sale

      Well-established restaurant property with income-producing potential on nearly half acre.
      13226 Rosecrans Ave, Norwalk, CA 90650
      View Details
    • $99,000

      Established Restaurant Business Opportunity

      Long-standing Mexican restaurant in prime Norwalk location for sale.
      12341 Imperial Hwy, Norwalk, CA 90650
      View Details
    • Contact for pricing
      10,516 SF

      Norwalk Retail Space For Sale

      Retail property with 10,516 square feet of space.
      14020-14030 Pioneer Blvd, Norwalk, CA 90650
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      10,040 SF

      Firestone Blvd Office Building

      10,040 SF Office/Medical Space Available
      11642 Firestone Blvd, Norwalk, CA 90650
      View Details
    • Contact for pricing

      Prime Retail Space in Norwalk

      High-traffic shopping center with strong demographics and anchor tenants.
      12301 Norwalk Blvd, Norwalk, CA 90650
      View Details
    • Contact for pricing
      6,000 SF

      Norwalk Retail Space Available

      6,000 sqft retail space for rent in Norwalk, CA.
      12533-12555 NW Imperial Hwy, Norwalk, CA 90650
      View Details
    • Contact for pricing

      Norwalk Retail Spaces Available

      Retail spaces available, ranging from 1,150 to 6,250 SqFt.
      11633 The Plz, Norwalk, CA 90650
      View Details
    • Contact for pricing
      5,860 SF

      Retail Space For Lease

      Retail space available for lease.
      10917 Firestone Blvd, Norwalk, CA 90650
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 976 to 1,191 SqFt.
      13019 Rosecrans Ave, Norwalk, CA 90650
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12121 Firestone Blvd
    Norwalk, CA 90650
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12121 Firestone Blvd, Norwalk, CA, 90650
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!