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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Office buildings
8419 Florence Ave Downey, CA 90240-3945
Trust Owned
Absentee Owner
Free & Clear
Property ID
US09-6458815
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
WOOD
Total area
2,044 SF
Lot
0.19 ac (8,097 SF)
Zoning code
DOCP*
APN
6362-018-001
UPID
US09-6458815
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
-
Agencia Via Cuba Travel Agency
-
Lash Babe LA Hair Salon Nail Salon
-
Southern California Immigration Center and Tax Services Association / Organization
-
Quailtex Home Improvements Construction Company General Contractor
-
Pea Enterprises Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$859k
Blend (final)
Blend
$770k
Owner & transaction history
The Sotomayor Family Trust
The Sotomayor Family Trust
since 2025
Last sale
$770,000
6 recorded transactions
Zoning & alternative use
DOCP* · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+92.6%
Auto repair, garage
$945,000
+46.4%
Medical building
$930,000
+43.8%
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
$770,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
$835,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$645,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,245,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$945,000
Change: +46% · Conversion: Difficult
MEDICAL BUILDING
$930,000
Change: +44% · Conversion: Easy
COMMERCIAL (GENERAL)
$630,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$600,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$595,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $770k (Jul 24 2024)
Last sale anchor
$770k
Jul 24 2024
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
$377 / 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
$12,026
Tax year 2024
Assessed value
$925,396
Assessed 2024
Previous assessed
$925,396
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$709,073
Assessed improvement
$216,323
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
1979
Construction
WOOD
Heating
NONE
Stories
1
Units
4
Bathrooms
4
Total area
2,044 SF
Lot
0.19 ac (8,097 SF)
Zoning code
DOCP*
APN
6362-018-001
UPID
US09-6458815
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
$645,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$945,000
MEDICAL BUILDING
Est. value
$930,000
COMMERCIAL (GENERAL)
Est. value
$630,000
WAREHOUSE, STORAGE
Est. value
$600,000
RETAIL STORES
Est. value
$595,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1979
Construction
WOOD
Heating
NONE
Stories
1
Units
4
Bathrooms
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
The Sotomayor Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
9643 DACOSTA ST, DOWNEY, CA 90240-3505
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Dec 5, 2025
—
The Sotomayor Family Trust
Patricia Sotomayor
Deed
related
—
Jul 24, 2024
—
Patricia Sotomayor
Patricia Sotomayor
Intrafamily Transfer
related
—
Jul 23, 2024
—
Patricia Sotomayor
Carlos G Sotomayor
Affidavit Of Death Of Joint Tenant
related
—
Jun 30, 2014
$770,000
Carlos G Sotomayor
Berger Jerrie M Trust
Grant Deed
$539,000 · Berger Jerrie M Trust (rt)
Mar 7, 2012
—
Jerrie M Berger
Martin,rebekah E
Affidavit Of Death
—
Jan 16, 1997
—
Martin R E Trustee
Martin R E Trustee,
Quit Claim Deed
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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