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Property profile & analytics
OFF-MARKET Estimated value $2,440,000
Retail space

8203 Firestone Blvd Downey, CA 90241-4809

7,600 SF 0.18 ac lot Built 1951
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US09-8369461
Property summary
AI-generated overview

This exceptional 7,600 square foot retail property, located at 8203 Firestone Boulevard in Downey, California, presents a unique investment opportunity. Situated on a 0.18-acre lot at the highly visible corner of Firestone Boulevard and La Reina, this property benefits from exceptional foot traffic and high visibility. Its strategic location places it in the heart of downtown Downey, directly on the same block as the popular Porto's Bakery and AAA Automotive Building. The property's convenient location offers easy access to a multitude of amenities, including banks, restaurants, and medical offices, all within walking distance. Ample parking is available at the rear of the building, ensuring customer convenience. The building is being offered in its "as is" condition, presenting a blank canvas for redevelopment or renovation to suit a variety of commercial uses. This prime location and substantial square footage make this property ideal for an investor seeking a high-return investment in a thriving downtown area. The property's current condition provides significant potential for value enhancement through strategic improvements and modernization. This is a rare opportunity to acquire a significant retail space in a highly desirable and established commercial district. The asking price is $3,500,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Construction WOOD
Total area 7,600 SF
Lot 0.18 ac (8,001 SF)
Zoning code DOC3*
APN 6254-009-002
UPID US09-8369461
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
  • National Accident Attorneys US Law Firm
  • Discount Furniture City Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.96M
Comparable Approach Comparable
$2.48M
Blend (final) Blend
$2.44M
Owner & transaction history
Ju Fat Investment LLC
Ju Fat Investment LLC
since 2025
Last sale
$3.2M
6 recorded transactions
2025
$3.2M
2024
Price N/A
2024
Price N/A
2021
$1.5M
2021
Price N/A
1969
$47,000
Zoning & alternative use
DOC3* · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.5M +59.4%
Medical building $3.5M +56.7%
Office building $2.4M +8.9%
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