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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Retail space
8321 Firestone Blvd Downey, CA 90241-3841
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0065344
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1922
Construction
TILT-UP CONCRETE
Total area
7,700 SF
Lot
0.23 ac (10,117 SF)
Zoning code
DOC3YY
APN
6254-020-014
UPID
US10-0065344
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
-
The Pride By Her Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.41M
Owner & transaction history
Alvarenga Firestone LLC · 2 yrs held
Alvarenga Firestone LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
DOC3YY · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.3M
+1.3%
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
$1,445,000
ML approach
$1,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,235,000
Current use
WAREHOUSE, STORAGE
$2,260,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10% · vs last sale $1.43M (Nov 20 2023)
Last sale anchor
$1.43M
Nov 20 2023
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
$183 / 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
$30,483
Tax year 2024
Assessed value
$2,184,840
Assessed 2024
Previous assessed
$2,184,840
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,352,520
Assessed improvement
$832,320
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
7,700 SF
Lot
0.23 ac (10,117 SF)
Zoning code
DOC3YY
APN
6254-020-014
UPID
US10-0065344
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
DOC3YY · Downey, CA
Zoning DOC3YY · permitted uses
DOC3YY · 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
RETAIL STORES Current
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$2.3M
RETAIL STORES Current
WAREHOUSE, STORAGE
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
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Alvarenga Firestone LLC
Entity
Mailing address
5324 E BROCKWOOD ST, LONG BEACH, CA 90808-1906
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2023
—
Alvarenga Firestone LLC
Guillermo A Alvarenga JR
Intrafamily Transfer
related
—
Nov 18, 2022
—
Guillermo A Alvarenga JR
Guillermo Alvarenga
Affidavit Death Of Trustee/successor Trustee
related
—
Oct 10, 2018
$1,550,000
Alvarenga Trust
Hick,hanna
Grant Deed
—
May 7, 2018
—
Hanna Bicj
—
Deed
related
$365,000 · The Loan Company Of San Diego
Apr 24, 2018
—
Hanna Bick
—
Deed
related
$440,000 · Loan /san Diego
Jan 30, 2017
—
Hanna Bick
—
Deed
related
$501,372 · San Diego Private Bk
Mar 12, 2013
—
Hanna Bick
Bick,hanna
Quit Claim Deed
related
$425,000 · Loan Co Of San Diego
Sep 6, 2006
$1,425,000
Hanna Bick
Cuevas,alberto L
Grant Deed
—
Nov 10, 2003
—
Albert L Cuevas
Cuevas,blanca T
Quit Claim Deed
related
—
Nov 10, 2003
$405,909
Albert L Cuevas
James L Springs Foundation INC
Grant Deed
$315,000 · James L Stamps Foundation INC
Aug 13, 1992
$75,000
George Martinez
Parker,jaime E
Grant Deed
$55,000 · Seller
Aug 24, 1990
$400,000
George Martinez
James L Stamps
Grant Deed
$300,000 · Seller
—
—
Hanna Bick
—
Loan Modification
related
$501,372 · San Diego Private Bk
—
—
Albert L Cuevas
—
Deed Of Trust
related
$715,000 · Greenpoint Mortgage Funding
—
—
Hanna Bick
—
Deed Of Trust
related
$440,000 · Loan /san Diego
—
—
Hanna Bick
—
Deed Of Trust
related
$200,000 · Community Commerce Bank
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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