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Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Turn key restaurants
8228 Firestone Blvd Downey, CA 90241-4810
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8329151
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1951
Construction
TILT-UP CONCRETE
Total area
2,183 SF
Lot
0.1 ac (4,182 SF)
Zoning code
DOM2-C3*
APN
6255-003-006
UPID
US09-8329151
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
-
GE Monogram Expert Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.14M
Owner & transaction history
Barbara H Schaer · 4 yrs held
Barbara H Schaer
since 2021
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
DOM2-C3* · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,075,000
ML approach
$2,060,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,420,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,330,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$2.14M
Range $1.93M – $2.35M · ±10% · vs last sale $2.22M (Aug 9 2021)
Last sale anchor
$2.22M
Aug 9 2021
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
$980 / 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
$12,098
Tax year 2024
Assessed value
$837,522
Assessed 2024
Previous assessed
$837,522
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$514,998
Assessed improvement
$322,524
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1951
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,183 SF
Lot
0.1 ac (4,182 SF)
Zoning code
DOM2-C3*
APN
6255-003-006
UPID
US09-8329151
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
DOM2-C3* · Downey, CA
Zoning DOM2-C3* · permitted uses
DOM2-C3* · 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
RESTAURANT Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
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
1951
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Barbara H Schaer
Individual
Mailing address
11015 PARAMOUNT BLVD STE #3, DOWNEY, CA 90241-3663
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2023
—
11015 Paramount LLC
—
Deed
related
$1,150,000 · Steiny Capital LP
Aug 9, 2021
—
Barbara H Schaer
Clara Levy
Affidavit Death Of Trustee/successor Trustee
$299,000 · Malba Investments INC
Jul 14, 2015
—
Tyle 8210 LLC
Levy Family Trust
Grant Deed
—
Aug 4, 2010
—
Meyers Family Trust
Tyras,daveen A
Quit Claim Deed
related
—
Jul 20, 2007
—
Levy Fam Credit Shelter Trust
Levy Family Trust
Quit Claim Deed
related
—
May 13, 1999
—
Stein,robyn Tr Etal
—
Deed Of Trust
related
—
Feb 9, 1995
—
Levy,seymore And Clara Tr Et Al
—
Deed Of Trust
related
—
Oct 27, 1994
—
Mandel,marc Tr
—
Deed Of Trust
related
—
Aug 19, 1994
—
Mandel,marc Tr
—
Deed Of Trust
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.
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