8203 Firestone Blvd Downey, CA 90241-4809
Property profile & analytics
8203 Firestone Blvd, Downey, CA 90241-4809
- Retail space
- 7,600 SF
- 0.18 lot acres
Property ID
US09-8369461
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- National Accident Attorneys US / Law Firm
- Discount Furniture City / Furniture & Home Goods / Home Decor Store
Property Details for 8203 Firestone Blvd
- Year built
- 1951
- Construction
- WOOD
- Lot size
- 0.18 lot acres
- Zone code
- DOC3*
- Property type
- Retail space
- APN
- 6254-009-002
- APU
- 6254009002
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,200,000
- 6.5%
- $2,955,000
- 7%
- $2,745,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,482,000
Market price range: $1.40M - $3.50M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,205,000 Current use
- AUTO REPAIR, GARAGE
- $3,515,000 Change: +59% Conversion: Difficult
- MEDICAL BUILDING
- $3,455,000 Change: +57% Conversion: Difficult
- OFFICE BUILDING
- $2,400,000 Change: +9% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,350,000 Change: +7% Conversion: Easy
- WAREHOUSE, STORAGE
- $2,235,000 Change: +1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Downey
- County
- Los Angeles
- State
- California
- Longitude
- -118.135
- Latitude
- 33.9412
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$26,023
$1,040,400
$832,320
$1,872,720
-
$0.00
$0.00
$0.00
