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Property profile & analytics
OFF-MARKET
Estimated value
$33,920,000
Super regional malls
9245 Firestone Blvd Downey, CA 90241
Entity Owned
30-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6467056
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1965
Construction
CONCRETE
Total area
158,365 SF
Lot
8.41 ac (366,493 SF)
Zoning code
DOC4*
APN
6285-031-082
UPID
US09-6467056
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$33.92M
Owner & transaction history
Sears Development Co · 30 yrs held
Sears Development Co
since 1996
7 recorded transactions
Zoning & alternative use
DOC4* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$214 / 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
$300,561
Tax year 2024
Assessed value
$22,651,667
Assessed 2024
Previous assessed
$22,651,667
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$9,297,142
Assessed improvement
$13,354,525
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1965
Construction
CONCRETE
Heating
NONE
Buildings
3
Stories
1
Total area
158,365 SF
Lot
8.41 ac (366,493 SF)
Zoning code
DOC4*
APN
6285-031-082
UPID
US09-6467056
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
DOC4* · Downey, CA
Zoning DOC4* · permitted uses
DOC4* · 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
1965
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
3
Lot
8.41 ac
Current owner
From public records · entity-resolved
Sears Development Co
Entity
Mailing address
5407 TRILLIUM BLVD STE #120, HOFFMAN ESTATES, IL 60192-3414
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2025
—
Transform Operating Stores LLC
—
Deed
related
$500,000 · Jpp LLC
May 19, 2025
—
Transform Operating Stores LLC
—
Deed
related
$1,000,000 · Cantor Fitzgerald Securities
Mar 6, 2023
—
Transform Operating Stores LLC
—
Deed
related
$100,000,000 · Cantor Fitzgerald Securities
Feb 8, 2022
—
Transform Operating Stores LLC
—
Deed
related
$1,000,000 · Jpp LLC
Aug 18, 2021
—
Transform Operating Stores LLC
—
Deed
related
$75,000,000 · Cantor Fitzgerald Securities
Apr 16, 2021
—
Macerich Stonewood LLC
—
Deed
related
$700,000 · Deutsche Bank National Trust Co
Sep 18, 2020
—
Transform Operating Stores LLC
—
Deed
related
$500,000,000 · Jpp LLC
Feb 10, 2020
—
Transform Operating Stores LLC
—
Deed
related
$250,000 · Cantor Fitzgerald Securities
Nov 1, 2019
—
Transform Operating Stores LLC
—
Deed
related
$250,000 · Cantor Fitzgerald Securities
Jul 18, 2019
—
Transform Operating Stores LLC
—
Grant Deed
related
$254,978,928 · Transform Operating Stores LLC
Mar 15, 2018
—
Sears Dev Co
—
Grant Deed
related
$300,000,000 · Jpp LLC
Nov 3, 2010
—
Macerich Stonewood LLC
—
Deed Of Trust
related
$114,000,000 · Metropolitan Life Insurance
Dec 5, 2000
—
Macerich Stonewood LLC
—
Deed Of Trust
related
$77,750,000 · Credit Suisse First Boston Mtg
Oct 22, 1999
—
Macerich Stonewood LLC
—
Deed Of Trust
related
$75,000,000 · Lehman Capital Corp
Feb 21, 1996
—
Sears Development Co
Broadway Stores INC
Grant Deed
related
—
Oct 8, 1992
—
Gary L Et Al Trs Ball
—
Deed Of Trust
related
—
Jul 18, 1991
—
Gary L Et Al Trs Ball
—
Deed Of Trust
related
—
—
—
Transform Operating Stores LLC
—
Deed Of Trust
related
$250,000 · Cantor Fitzgerald Securities
—
—
Transform Operating Stores LLC
—
Deed Of Trust
related
$250,000 · Cantor Fitzgerald Securities
—
—
Transform Operating Stores LLC
—
Deed Of Trust
related
$500,000,000 · Jpp LLC
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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