15323 Paramount Blvd Paramount, CA 90723

Located in the heart of downtown Paramount, this mixed-use property presents an opportunity for owner-user investment. The property, on the market for the first time in over 50 years, occupies a 15,006 square foot lot and includes approximately 4,380 square feet of combined building space. It features a pet store with long-term tenants, a vacant detached single-family home, and three tenant-occupied one-bedroom, one-bath units. The home includes three bedrooms, one bath, approximately 1138 square feet of living area, an inside laundry room, an extra-long one-car garage, carport space, and additional storage inside the garage. It has been recently repainted and features new wood-look laminate flooring throughout, a remodeled full bath with white and gray tile surround at the tub, a vanity, and new fixtures. The home also includes a spacious front porch, wainscotting in the living and dining rooms, a window seat in the dining room, custom woodwork, a private enclosed backyard, and parking. At the rear of the lot are three rental units: a ground-level one-bedroom, one-bath unit with laundry behind the pet store; an upstairs one-bedroom, one-bath unit with an office, laundry, and two single-car garages below; and a ground-level one-bedroom, one-bath unit with laundry and an enclosed yard behind the house. Additional open storage space on the property is also rented out. Gated access to the rear of the property from the alley is available for all tenants except those of the three-bedroom home. The property is zoned C-M, "Commercial Manufacturing," which allows for some C-3 "General Commercial" uses. The property has five electrical boxes, five gas meters, and two water meters. Tenants pay for electricity and gas, while the owner pays for water and trash. Panera Bread and Sprouts are under construction the next block over on Somerset and Paramount Boulevard.