Property profile

12501 Paramount Blvd 101 Downey, CA 90242

OFF-MARKET
Apartment buildings
Property ID
US09-6344810
22,638 SF 0.81 ac lot Built 1972
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1972
Construction WOOD
Total area 22,638 SF
Lot 0.81 ac (35,124 SF)
Zoning code DOR3*
APN 6245-020-027
UPID US09-6344810

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12501 Paramount Blvd, Unit 101 Downey, CA 90242-3734
Downey metro Census 551502 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.36M
CAP Approach CAP
$5.12M
Comparable Approach Comparable
$7.76M
Blend (final) Blend
$7.76M

Owner & transaction history

since 2023
Last sale
$8.1M
4 recorded transactions
2023
$8.1M
2022
$7.0M
1994
Price N/A
1969
Price N/A

Zoning & alternative use

DOR3* · Downey, CA
Top alternative use upside
Auto repair, garage $10.5M +76.5%
Medical building $10.3M +73.4%
Office building $7.2M +20.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 12501 Paramount Blvd, Unit 101?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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