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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Auto shops
8730 Firestone Blvd Downey, CA 90241-5245
Trust Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-8434326
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1959
Construction
TILT-UP CONCRETE
Total area
1,250 SF
Lot
0.13 ac (5,647 SF)
Zoning code
DOC3*
APN
6255-005-012
UPID
US09-8434326
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
-
Watson's Collision Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.55M
Owner & transaction history
Panasitti Family Trust · 5 yrs held
Panasitti Family Trust
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
DOC3* · 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
$1,660,000
ML approach
$1,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.55M
Range $1.40M – $1.71M · ±10% · vs last sale $1.50M (Sep 23 2020)
Last sale anchor
$1.50M
Sep 23 2020
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
$1,240 / 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
$10,369
Tax year 2024
Assessed value
$815,856
Assessed 2024
Previous assessed
$815,856
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$737,116
Assessed improvement
$78,740
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
1,250 SF
Lot
0.13 ac (5,647 SF)
Zoning code
DOC3*
APN
6255-005-012
UPID
US09-8434326
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
DOC3* · Downey, CA
Zoning DOC3* · permitted uses
DOC3* · 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.
Building & site characteristics
From public records
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Panasitti Family Trust
Trust
Mailing address
8730 FIRESTONE BLVD, DOWNEY, CA 90241-5245
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Sep 23, 2020
—
Panasitti Family Trust
Miguel Panasitti
Quit Claim Deed
related
—
Sep 26, 2018
$1,500,000
Miguel A Panasitti
Safe Harbor Self Storage
Grant Deed
$1,275,000 · Seacoast Commerce Bank
Sep 26, 2018
—
Miguel A Panasitti
Mabel Gonzalez Miranda
Intrafamily Transfer
related
—
Apr 29, 2015
$1,617,500
Safe Harbor Self Storage
Panasitti Miguel A
Grant Deed
$235,000 · Private Individual
Nov 2, 2010
—
Panasitti Family Trust
Panasitti,miguel A & Mabel I
Quit Claim Deed
related
—
—
—
Panasitti Family Trust
—
Deed Of Trust
related
$325,000 · Kar Properties INC Defined Ben
—
—
Miguel A Panasitti
—
Deed Of Trust
related
$28,000 · Downey National Bank
—
—
Miguel A Panasitti
—
Deed Of Trust
related
$679,000 · Bank Of Yorba Linda
—
—
Miguel A Pansitti
—
Deed Of Trust
related
$165,000 · Downey National 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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