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Property profile & analytics
OFF-MARKET
Estimated value
$5,375,000
Investment properties
3118 Firestone Blvd South Gate, CA 90280-2934
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8598839
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1940
Construction
WOOD
Total area
13,442 SF
Lot
0.34 ac (15,001 SF)
Zoning code
SGCM*
APN
6204-007-021
UPID
US09-8598839
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
Current use
Occupant on record · Public records
-
Quintanilla's Insurance Brokers Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.14M
CAP Approach
CAP
$4.19M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.38M
Owner & transaction history
Bakssherman LLC · 2 yrs held
Bakssherman LLC
since 2023
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
SGCM* · South Gate, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.8M
+206.6%
Neighborhood: shopping center
$8.2M
+186.6%
Medical building
$6.1M
+114.0%
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 South Gate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Gate 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
$5,360,000
ML approach
$5,140,000
CAP Approach
CAP Return
Estimation
6%
$4,535,000
6.5%
$4,190,000
7%
$3,890,000
Alternative Use
Use
Estimation
RESTAURANT
$8,755,000
Change: +207% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,180,000
Change: +187% · Conversion: Difficult
MEDICAL BUILDING
$6,110,000
Change: +114% · Conversion: Easy
OFFICE BUILDING
$6,030,000
Change: +111% · Conversion: Easy
WAREHOUSE, STORAGE
$3,950,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$5.38M
Range $4.84M – $5.91M · ±10% · vs last sale $5.50M (Sep 26 2023)
Last sale anchor
$5.50M
Sep 26 2023
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
$400 / 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
$12,942
Tax year 2024
Assessed value
$740,637
Assessed 2024
Previous assessed
$740,637
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$215,441
Assessed improvement
$525,196
Applied tax rate
15.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
10
Total area
13,442 SF
Lot
0.34 ac (15,001 SF)
Zoning code
SGCM*
APN
6204-007-021
UPID
US09-8598839
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SGCM* · South Gate, CA
Zoning SGCM* · permitted uses
SGCM* · South Gate, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Gate. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$8.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.2M
MEDICAL BUILDING
Est. value
$6.1M
OFFICE BUILDING
Est. value
$6.0M
WAREHOUSE, STORAGE
Est. value
$4.0M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1940
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
10
Lot
0.34 ac
Current owner
From public records · entity-resolved
Bakssherman LLC
Entity
Mailing address
2008 W CARSON ST #100, TORRANCE, CA 90501-3242
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2023
$5,500,000
Bakssherman LLC
Alice Paredes
Grant Deed
$4,400,000 · Alice Paredes Etal
May 1, 2023
—
Paredes V Paredes
Blake Alsbrook
Grant Deed
—
Oct 22, 2021
—
Claudia S Zevallos
Francisco Edgardo Paredes
Affidavit Death Of Trustee/successor Trustee
—
May 6, 2019
—
Paredes,f E Trust
Paredes,f Edgardo
Quit Claim Deed
related
—
Jan 3, 2005
—
F E Paredes
Paredes,f E
Quit Claim Deed
related
—
May 29, 2003
—
Paredes F E
Paredes,alice
Quit Claim Deed
related
—
Sep 2, 1999
—
Paredes Alice
—
Deed Of Trust
related
—
Jan 21, 1998
—
F Edgardo Paredes
—
Deed Of Trust
related
—
—
—
Paredes F E
—
Deed Of Trust
related
$625,000 · Washington Mutual Fsb
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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