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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Office buildings
8361 Florence Ave Downey, CA 90240-3953
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-6458816
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
WOOD
Total area
5,202 SF
Lot
0.21 ac (9,343 SF)
Zoning code
DOCP*
APN
6362-018-005
UPID
US09-6458816
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
-
Young's Acupuncture & Herbs, Downey Medical Clinic Alternative Medicine Practice
-
SRC Constructors Corp. Construction Company General Contractor
-
J & J Assured Home Loans, Inc. Loan Service Bank
-
Downey Injury Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.11M
Owner & transaction history
Three Bc Acquisition LLC · 8 yrs held
Three Bc Acquisition LLC
since 2018
7 recorded transactions
Zoning & alternative use
DOCP* · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,645,000
Current use
COMMERCIAL (GENERAL)
$1,605,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$1,530,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$1,510,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±10%
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
$213 / 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
$16,810
Tax year 2024
Assessed value
$1,327,464
Assessed 2024
Previous assessed
$1,327,464
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$892,413
Assessed improvement
$435,051
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
5,202 SF
Lot
0.21 ac (9,343 SF)
Zoning code
DOCP*
APN
6362-018-005
UPID
US09-6458816
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
DOCP* · Downey, CA
Zoning DOCP* · permitted uses
DOCP* · 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
OFFICE BUILDING Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RETAIL STORES
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
1986
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Three Bc Acquisition LLC
Entity
Mailing address
8361 FLORENCE AVE STE #200, DOWNEY, CA 90240-3953
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2018
—
Three Bc Acquisition LLC
—
Deed
related
$550,000 · Sunwest Bk
Jun 15, 2018
$1,190,000
Three Bc Acquisition LLC
Rosendo Gonzalez
Quit Claim Deed
related
$550,000 · Sunwest Bank
Mar 25, 2005
—
Klimenko Wladimir Trust
Klimenko,wladimir J
Quit Claim Deed
related
—
Nov 10, 2004
—
Wladimir J Klimenko
Klimenko,wladimir J & Maruska E
Quit Claim Deed
related
—
Jul 2, 1999
$230,000
Wladimir J Klimenko
Frousskais,anna
Grant Deed
$63,000 · Seller
Dec 1, 1998
—
Anna Froussakis
Pope,c W
Grant Deed
related
—
Jun 29, 1994
$181,000
Pope,charles W
Vakis,andrew
Trustees Deed
$75,000 · Charles L Johnson Tr
Jun 29, 1994
$7,500
Ulrich Trust
Johnson,julia C
Trustees Deed
—
Jun 29, 1994
$165,000
Pope,charles W
Johnson,charles
Trustees Deed
related
—
Jun 10, 1993
$420,000
Sheik Ramessar
Cascio,matilde H
Grant Deed
—
—
—
Charles W
—
Deed Of Trust
related
$90,000 · Ulrich Trust
—
—
Klimenko W J Living Trust
—
Deed Of Trust
related
$280,000 · Robert A Brown
—
—
Klimenko W Family Living Trust
—
Deed Of Trust
related
$500,000 · Bank Of The West
—
—
Three Bc Acquisition LLC
—
Deed Of Trust
related
$550,000 · Sunwest Bk
—
—
Charles W
—
Deed Of Trust
related
$262,000 · First Security Thrift Co
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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