Property profile

8203 Firestone Blvd Downey, CA 90241

OFF-MARKET
Retail space
Property ID
US09-8369461
7,600 SF 0.18 ac lot Built 1951
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Law Firm
  • Furniture & Home Goods Home Decor Store

Location

8203 Firestone Blvd Downey, CA 90241-4809
Downey metro Census 550901 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.96M
Comparable Approach Comparable
$2.48M
Blend (final) Blend
$1.45M

Owner & transaction history

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
Top alternative use upside
Auto repair, garage $3.5M +59.4%
Medical building $3.5M +56.7%
Office building $2.4M +8.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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