Entity Owned 
For Sale
1 / 10
Contact for pricing
12340 Firestone Blvd, Norwalk, CA 90650
View Listing →
Property summary
AI-generated overview
This exceptional 3,448 square foot executive office complex, located at 12340 Firestone Boulevard in Norwalk, California (90650), presents a lucrative investment opportunity. The property, built in 1962 and extensively renovated in 2020, boasts nine individual office units, each offering a blend of live/work functionality. Currently operating as a fully leased income property, the complex includes a contractor's yard and ample parking (15 spaces) on a 0.28-acre lot. The property is zoned C3, providing flexibility for future uses. The asking price is $1,595,000, representing a compelling 4.80% cap rate. The current owner utilizes a portion of the property for their own business, offering the potential for a new owner to occupy a portion of the space or lease it out entirely. The convenient location provides easy access from Firestone Boulevard and the 5 Freeway. The building's exterior and all office units have undergone recent renovations, ensuring a modern and attractive presentation. This property is ideal for an owner-user seeking a combination of income generation and personal workspace, or for an investor looking for a strong return on investment in a desirable location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1962
Construction
WOOD
Total area
3,448 SF
Lot
0.2 ac (8,833 SF)
Zoning code
NOC3*
APN
8056-012-016
UPID
US09-8593934
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Freight Service Logistics Company
-
(Bike/Boat/Book/etc) Store Auto Parts Store
-
Architect
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.47M
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$1.67M
Blend (final)
Blend
$1.46M
Owner & transaction history
since 2022
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
NOC3* · Norwalk, CA
Top alternative use upside
Neighborhood: shopping center
$2.1M
+30.9%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 6 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.46M
Value range
$1.31M – $1.60M
±10% around blend
Estimated value / SF
$422 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
60
Income certainty
100
$1.31M
blend $1.46M
$1.60M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,448 SF
Lot area
0.2 ac
Year built
1962
Stories
1
APN
8056-012-016
Zoning
NOC3*
Assessed value
$1,243,278
Annual tax
$2,002
3
Income approach: direct capitalization
Partial preview
Income approach indication
$900k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$975k
@ 6.5% CAP return
$900k
@ 7% CAP return
$835k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$2,002
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$605k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.3 mi away · 3,218 SF
0.3 mi away · 3,218 SF
0.6 mi away · 2,816 SF
0.7 mi away · 3,189 SF
0.8 mi away · 3,322 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.46M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 23 sales
$465
-9%
Submarket 23 sales
$465
-9%
County 2758 sales
$449
-6%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $422/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+31%
vs current-use indication
Office Building · current use
Auto Repair, Garage
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
4.00%
Selected cap rate for this office buildings
Derived from the Norwalk market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.00%
9.0%
NOI (est.)
$55k *
Last sale · Jan 2022
$1.45M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.37M
Move the market yield to see immediate price impact.
Value / SF
$397
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.50%4.00%4.50%
$49k
$1.41M
$1.23M
$1.10M
$55k
$1.57M
$1.37M
$1.22M
$60k
$1.72M
$1.51M
$1.34M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$1.15M
0.3 mi · Oct 2025 · $357/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,002
Tax year 2024
Assessed value
$1,243,278
Assessed 2024
Previous assessed
$1,243,278
+0.0% YoY
Effective rate
0.16%
On assessed value
Assessed land
$468,180
Assessed improvement
$775,098
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1962
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,448 SF
Lot
0.2 ac (8,833 SF)
Zoning code
NOC3*
APN
8056-012-016
UPID
US09-8593934
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
NOC3* · Norwalk, CAZoning NOC3* · permitted uses
NOC3* · Norwalk, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
NOC3*
Jurisdiction
Norwalk, CA
Recorded code
NOC3*
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NOC3* in Norwalk, CA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
