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Property profile & analytics
OFF-MARKET
Estimated value
$1,975,000
Retail space
8422 Telegraph Rd Downey, CA 90240-2330
Trust Owned
20-yr Hold
Free & Clear
Property ID
US09-7960817
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Construction
TILT-UP CONCRETE
Total area
8,202 SF
Lot
0.53 ac (23,301 SF)
Zoning code
DOC4-P*
APN
6367-025-023
UPID
US09-7960817
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
-
Pleasure Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
ATM Atm
-
General Sport Barber Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.98M
Owner & transaction history
Nejathaim Jacob & Jenus Trust · 20 yrs held
Nejathaim Jacob & Jenus Trust
since 2005
7 recorded transactions
Zoning & alternative use
DOC4-P* · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.6M
+8.9%
Commercial (general)
$2.5M
+6.5%
Warehouse, storage
$2.4M
+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
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
RETAIL STORES
$2,380,000
Current use
OFFICE BUILDING
$2,590,000
Change: +9% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,535,000
Change: +7% · Conversion: Easy
WAREHOUSE, STORAGE
$2,410,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.98M
Range $1.78M – $2.17M · ±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
$241 / 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
$28,039
Tax year 2024
Assessed value
$2,166,023
Assessed 2024
Previous assessed
$2,166,023
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,229,921
Assessed improvement
$936,102
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
3
Total area
8,202 SF
Lot
0.53 ac (23,301 SF)
Zoning code
DOC4-P*
APN
6367-025-023
UPID
US09-7960817
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
DOC4-P* · Downey, CA
Zoning DOC4-P* · permitted uses
DOC4-P* · 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
$2.4M
OFFICE BUILDING
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.4M
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
3
Lot
0.53 ac
Current owner
From public records · entity-resolved
Nejathaim Jacob & Jenus Trust
Trust
Free & Clear · 20 yrs held
Mailing address
PO BOX 64473, LOS ANGELES, CA 90064-0473
Ownership since
2005
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
Aug 7, 2018
—
Telegraph Road Holdings LLC
—
Deed
related
$500,000 · California Bk&tr
Aug 26, 2005
—
Nejathaim Jacob & Jenus Trust
Nejathaim,farhang & Jenus
Quit Claim Deed
related
—
Apr 19, 2005
$1,585,000
Farhang Nejathaim
Mirharooni,pari
Grant Deed
$900,000 · Alliance Bank
Mar 30, 2000
$450,000
Pari Mirharooni
Polone Trust
Grant Deed
$337,500 · Key Bank NA
Mar 17, 1993
—
Gerald Tr Polone
—
Deed Of Trust
related
—
—
—
Telegraph Road Holdings LLC
—
Deed Of Trust
related
$500,000 · California Bk&tr
—
—
Telegraph Road Holdings LLC
—
Deed Of Trust
related
$500,000 · California Bk&tr
—
—
Telegraph Road Holdings LLC
—
Deed Of Trust
related
$852,381 · Alliance Bank
Jul 11, 1961
—
—
—
Grant 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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