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Property profile & analytics
OFF-MARKET
Estimated value
$1,845,000
Warehouses
8121 Pivot St Downey, CA 90241-4853
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7039381
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1971
Construction
TILT-UP CONCRETE
Total area
9,357 SF
Lot
0.44 ac (19,183 SF)
Zoning code
DOM2*
APN
6255-006-018
UPID
US09-7039381
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
-
Classic Collision in Downey Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
Marquez INC · 7 yrs held
Marquez INC
since 2018
7 recorded transactions
Zoning & alternative use
DOM2* · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.0M
+7.6%
Commercial (general)
$2.9M
+5.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,350,000
6.5%
$2,170,000
7%
$2,015,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,750,000
Current use
OFFICE BUILDING
$2,955,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,890,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$2,715,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$1.85M
Range $1.66M – $2.03M · ±10%
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
$197 / 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
$28,242
Tax year 2024
Assessed value
$2,198,226
Assessed 2024
Previous assessed
$2,198,226
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,268,628
Assessed improvement
$929,598
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
9,357 SF
Lot
0.44 ac (19,183 SF)
Zoning code
DOM2*
APN
6255-006-018
UPID
US09-7039381
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
DOM2* · Downey, CA
Zoning DOM2* · permitted uses
DOM2* · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.8M
OFFICE BUILDING
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.9M
RETAIL STORES
Est. value
$2.7M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Marquez INC
Entity
Mailing address
1459 S BRIAR AVE, ONTARIO, CA 91762-5504
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
—
Marquez INC
—
Deed
related
$1,000,000 · Western Alliance Bank
Sep 19, 2018
$2,010,000
Marquez INC
Miguel A Panasitti
Grant Deed
$1,756,000 · Evertrust Bank
Dec 21, 2016
—
Panasitti Family Trust
Panasitti,miguel A
Quit Claim Deed
related
—
Aug 12, 2016
$1,450,000
Miguel A Panasitti
Ebrahim Ghaneian Fassai
Grant Deed
$1,403,100 · Seacoast Commerce Bank
Aug 12, 2016
—
Miguel A Panasitti
Miranda,mabel G
Quit Claim Deed
related
—
Dec 16, 2004
$400,000
Ebrahim G Fassai
Zimmer Gene & Edith Trust
Grant Deed
—
Dec 16, 2004
—
Ebrahim G Fassi
Ghaneian,azar
Quit Claim Deed
related
—
Oct 28, 2003
—
Zimmer,tr
Zimmer,tr
Quit Claim Deed
related
—
Nov 24, 1970
—
—
—
Grant Deed
related
—
—
—
Ebrahim G Fassai
—
Deed Of Trust
related
$250,000 · Alliance Bank
—
—
Ebrahim G Fassai
—
Deed Of Trust
related
$500,000 · California Bank & Trust
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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