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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Office buildings
8658 Cleta St Downey, CA 90241-5201
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6268953
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1958
Construction
WOOD
Total area
1,800 SF
Lot
0.31 ac (13,602 SF)
Zoning code
DOM1*
APN
6255-021-038
UPID
US09-6268953
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
-
Living Prove Charitable Organization Social Service Agency
-
Painters Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$757k
Blend (final)
Blend
$1.03M
Owner & transaction history
Triple Ds Services INC · 1 yrs held
Triple Ds Services INC
since 2025
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
DOM1* · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+92.6%
Auto repair, garage
$835,000
+46.4%
Medical building
$820,000
+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
$980,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,095,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$835,000
Change: +46% · Conversion: Difficult
MEDICAL BUILDING
$820,000
Change: +44% · Conversion: Easy
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10% · vs last sale $1.40M (Apr 1 2025)
Last sale anchor
$1.40M
Apr 1 2025
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
$569 / 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
$13,186
Tax year 2024
Assessed value
$1,008,147
Assessed 2024
Previous assessed
$1,008,147
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$848,966
Assessed improvement
$159,181
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1958
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,800 SF
Lot
0.31 ac (13,602 SF)
Zoning code
DOM1*
APN
6255-021-038
UPID
US09-6268953
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
DOM1* · Downey, CA
Zoning DOM1* · permitted uses
DOM1* · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$835,000
MEDICAL BUILDING
Est. value
$820,000
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1958
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Triple Ds Services INC
Entity
Mailing address
8261 ARNETT ST, DOWNEY, CA 90241-4807
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
$1,400,000
Triple Ds Services INC
Saleoverstock
Grant Deed
$1,386,000 · Lendingclub Bank NA
Jun 23, 2021
$950,000
Saleoverstock
Painters & Allied Trades Dist Counc
Grant Deed
$855,000 · Harvest Small Business Finance LLC
Jul 10, 2000
—
Painters Trades
Intl Union Painters & All,
Quit Claim Deed
related
—
Apr 12, 2000
—
Intl Union Painters
Local Union 95 Brotherhoo,
Grant Deed
related
—
Feb 6, 1958
—
Local Union No 95 Of Brotherhood Of
—
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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