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Property profile & analytics
OFF-MARKET
Estimated value
$7,040,000
Community centers
7420 Florence Ave Downey, CA 90240-3609
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6350504
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1959
Construction
TILT-UP CONCRETE
Total area
22,425 SF
Lot
1.95 ac (84,819 SF)
Zoning code
DOC4*
APN
6249-001-030
UPID
US09-6350504
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
-
Amapola Deli & Market Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.62M
CAP Approach
CAP
$9.35M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.04M
Owner & transaction history
Amadowney LLC · 4 yrs held
Amadowney LLC
since 2021
Last sale
$7.4M
7 recorded transactions
Zoning & alternative use
DOC4* · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$5,440,000
ML approach
$5,620,000
CAP Approach
CAP Return
Estimation
6%
$10,120,000
6.5%
$9,345,000
7%
$8,675,000
Blend value · Realmo final
$7.04M
Range $6.34M – $7.74M · ±10% · vs last sale $7.40M (Dec 2 2021)
Last sale anchor
$7.40M
Dec 2 2021
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
$314 / 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
$103,697
Tax year 2024
Assessed value
$7,698,960
Assessed 2024
Previous assessed
$7,698,960
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$5,306,040
Assessed improvement
$2,392,920
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
22,425 SF
Lot
1.95 ac (84,819 SF)
Zoning code
DOC4*
APN
6249-001-030
UPID
US09-6350504
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.
Building & site characteristics
From public records
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
1.95 ac
Current owner
From public records · entity-resolved
Amadowney LLC
Entity
Mailing address
2105 RDG POINTE DR, LAKE OSWEGO, OR 97034-7576
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Dec 2, 2021
$7,400,000
Amadowney LLC
Cmg Enterprises LLC
Grant Deed
$5,180,000 · Cmg Enterprises LLC
Oct 18, 2021
—
Cmg Enterprises LLC
Carlos B Galvan
Grant Deed
—
Aug 21, 2017
—
Carlos B Galvan
—
Deed
related
—
Aug 28, 2007
—
Cmg Ents LLC
Galvan,carlos & Martha
Grant Deed
—
Sep 11, 1998
—
Carlos B Galvan
—
Grant Deed
related
$1,900,000 · Banco Popular National Assoc
Jun 10, 1998
$1,400,000
Carlos B Vazin
Galvan,moe & Roya
Grant Deed
$980,000 · Banco Popular NA
Apr 27, 1990
$72,000
Dev Ass Property
Safeway Us Holdi
Grant Deed
—
—
—
Carlos B Galvan
—
Deed Of Trust
related
$1,970,000 · Americas United Bank
—
—
Carlos B Galvan
—
Loan Modification
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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