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Property profile & analytics
OFF-MARKET
Turn key restaurants
8028 Firestone Blvd Downey, CA 90241-4229
Trust Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7038984
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2000
Construction
WOOD
Total area
2,215 SF
Lot
0.27 ac (11,760 SF)
Zoning code
DOC3*
APN
6255-001-003
UPID
US09-7038984
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
-
Del Taco Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nerio Dick & M Fam 1999 Trust · 20 yrs held
Nerio Dick & M Fam 1999 Trust
since 2006
7 recorded transactions
Zoning & alternative use
DOC3* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$22,449
Tax year 2024
Assessed value
$1,504,498
Assessed 2024
Previous assessed
$1,504,498
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$961,763
Assessed improvement
$542,735
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
NONE
Cooling
OTHER
Total area
2,215 SF
Lot
0.27 ac (11,760 SF)
Zoning code
DOC3*
APN
6255-001-003
UPID
US09-7038984
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
DOC3* · Downey, CA
Zoning DOC3* · permitted uses
DOC3* · 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
2000
Construction
WOOD
Heating
NONE
Cooling
Yes
Lot
0.27 ac
Current owner
From public records · entity-resolved
Nerio Dick & M Fam 1999 Trust
Trust
Mailing address
10749 LA TERRAZA AVE, FOUNTAIN VALLEY, CA 92708-3918
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2006
—
Nerio Dick & M Fam 1999 Trust
Nerio,margaret
Quit Claim Deed
related
—
Jan 6, 2006
—
Margaret Nerio
Hara Trust
Grant Deed
related
—
Mar 3, 2003
—
Hara,tr
Hara,tr
Quit Claim Deed
related
—
Feb 28, 2001
$1,500,000
Hara Associates LLC
Emco Development LLC
Grant Deed
related
$570,000 · Hara Properties LP
Feb 2, 2000
$525,000
Emco Dev
Mushakian,j E & C G
Grant Deed
—
—
—
Hara Associates LLC
—
Deed Of Trust
related
$660,000 · Guaranty Bank California
—
—
Hara Associates LLC
—
Deed Of Trust
related
$720,000 · Gbc International Bank
Dec 12, 1969
—
John E Mushakian
—
Grant Deed
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.
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?”
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