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Property profile & analytics
OFF-MARKET
Estimated value
$3,680,000
Banks
8211 Firestone Blvd Downey, CA 90241-4809
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9083460
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1962
Construction
WOOD
Total area
7,545 SF
Lot
0.32 ac (13,763 SF)
Zoning code
DOC3*
APN
6254-009-014
UPID
US09-9083460
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
-
Century 21 Champions Real Estate Agency
-
Firestone Garage Door's Repair General Contractor
-
Joseph Gonzalez Real Estate Real Estate Agency
-
Blanca Reyes Realtor Real Estate Agency
-
Elisa Singh, Realty World Experts Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.68M
Owner & transaction history
8211 Firestone LLC · 4 yrs held
8211 Firestone LLC
since 2022
Last sale
$3.6M
6 recorded transactions
Zoning & alternative use
DOC3* · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.9M
+16.3%
Neighborhood: shopping center
$4.6M
+8.7%
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
$2,300,000
ML approach
$3,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$4,225,000
Current use
RESTAURANT
$4,915,000
Change: +16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,590,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,490,000
Change: -17% · Conversion: Difficult
MEDICAL BUILDING
$3,430,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.68M
Range $3.31M – $4.05M · ±10% · vs last sale $3.60M (Jan 21 2022)
Last sale anchor
$3.60M
Jan 21 2022
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
$488 / 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
$47,863
Tax year 2024
Assessed value
$3,745,440
Assessed 2024
Previous assessed
$3,745,440
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,080,800
Assessed improvement
$1,664,640
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
7,545 SF
Lot
0.32 ac (13,763 SF)
Zoning code
DOC3*
APN
6254-009-014
UPID
US09-9083460
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.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$4.2M
RESTAURANT
Est. value
$4.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.4M
FINANCIAL BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
8211 Firestone LLC
Entity
Mailing address
110 E WILSHIRE AVE, FULLERTON, CA 92832-1900
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
$3,600,000
8211 Firestone LLC
Eduvigis Madiedo
Grant Deed
$2,700,000 · Fidelity Bridge Loans LLC
Aug 20, 2004
—
Madiedo Eduvigis Trust
Madiedo,eduvigis
Quit Claim Deed
related
—
Mar 5, 2004
$970,000
Eduvigis Madiedo
Corner Firestone Property LLC
Grant Deed
$582,000 · East West Bank
Aug 15, 2000
$750,000
Corner Firestone Property LLC
—
Grant Deed
related
—
Oct 20, 1999
$620,000
Mi K Soo
—
Grant Deed
related
—
—
—
Madiedo,eduvigis Living Trust
—
Loan Modification
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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