Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    15514 Paramount Blvd Paramount, CA 90723

    Sponsored
    For Lease
    $1,500 /Mo ($27 SF/Yr)

    Commercial Lease - Paramount, CA

    Property size:
    650 SF
    Days on Market:
    51
    Last Refresh:
    Jan 21 at 1:06 am

    Property Features for 15514 Paramount Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    6270016003
    Size
    650 SF

    Utilities

    Cooling system
    Ductless

    Building Details

    Year built
    1963
    Architectural style
    Other

    We can help!

    Listing Contact
    Alberto A Romero Meza

    GOOD OPPORTUNITY HOMES & INVESTMENTS (323) 395-6485 [email protected]

    Listing agent Alberto A Romero Meza (562) 602-8550 License #01705343

    Listing date Dec 2, 2025

    MLS# DW25269391 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Remodeled Commercial Space in Paramount

    This recently remodeled commercial space is located in the heart of a vibrant downtown area on a prime Main Street corridor, offering exceptional visibility and heavy foot traffic. It is suitable for retail, restaurant, or professional office use. The interior features a spacious, open floor plan. The unit has been updated with new flooring, modern lighting, fresh paint, and a newly installed A/C unit. Water, electrical, and gas utilities are included in the base rent. The property is in turn-key condition and includes a private in-unit bathroom. It is situated in a growing downtown hub surrounded by shops and eateries. The location is within walking distance of public transportation and parking, with convenient access to the 91, 105, and 710 freeways. The property contains 650 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Accessories Rivera Inc Fashion Accessories Store ShoeDaddy Shoe Store Sideline Shoes Inc Shoe Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Clothing Store Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paramount
    County
    Los Angeles
    State
    California
    Longitude
    -118.1596778
    Latitude
    33.8924998

    Nearby Similar for Lease

    • $10 SF/Yr
      48,075 SF

      Farmers Market Plaza: Multi-Use Space

      Prime Paramount location; versatile warehouse & retail space.
      7500-7532 Rosecrans Ave, Paramount, CA 90723
      View Details
    • $1.35 SF/Yr
      9,920 SF

      Refurbished Industrial Unit in Paramount

      Refurbished ±3,040 SF industrial unit in a secured park.
      16220 Gundry Ave, Paramount, CA 90723
      View Details
    • $3,600 /Mo

      Remodeled Retail Space in Paramount

      Remodeled retail space in Paramount with excellent signage potential.
      8329 Alondra Blvd, Paramount, CA 90723
      View Details
    • $2,895 /Mo
      700 SF

      Remodeled Paramount Home with Garage

      Remodeled 2 bed, 1 bath unit with detached garage.
      15366 Georgia Ave, Paramount, CA 90723
      View Details
    • $18 SF/Yr
      4,750 SF

      Prime Paramount Executive Office Space

      4,750 SF Office, 3 Parking Spaces
      14026 Garfield Ave, Paramount, CA 90723
      View Details
    • $1.20 SF/Yr
      296,370 SF

      Paramount Warehouse Space Available

      Industrial warehouse space for lease in Paramount, CA.
      7310 Adams St, Paramount, CA 90723
      View Details
    • $1.10 SF/Yr
      28,084 SF

      Paramount Manufacturing/Warehouse Space Available

      Manufacturing/warehouse space with heavy manufacturing zoning and security monitoring.
      14520-14534 Garfield Ave, Paramount, CA 90723
      View Details
    • $0.95 SF/Yr
      18,865 SF

      Industrial Space with Fenced Yard

      Multi-tenant building with office space, yard, and freeway access.
      15248-15250 Texaco Ave, Paramount, CA 90723
      View Details
    • $1.25 SF/Yr
      5,160 SF

      Industrial Space with Convenient Access

      Industrial space with truck well, loading, and fire sprinklers.
      15946-15948 Downey Ave, Paramount, CA 90723
      View Details
    • $1.30 SF/Yr
      3,520 SF

      Downey Ave Flex Space Available

      Multi-tenant building with convenient access to major freeways.
      15930-15940 Downey Ave, Paramount, CA 90723
      View Details
    • $18 SF/Yr
      13,500 SF

      Paramount Industrial Manufacturing Space

      13,500 SF Manufacturing Building, Large Yard
      7734 Alondra Blvd, Paramount, CA 90723
      View Details
    • $1.55 SF/Yr
      15,000 SF

      Paramount Industrial Building Sublease

      15,000 SF industrial building with excellent freeway access.
      7314 Madison St, Paramount, CA 90723
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime location, heavy foot traffic, ideal for retail or office.
    Where is this retail space located?
    The property is located at 15514 Paramount Blvd Paramount, CA.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Prime Main Street location in a vibrant downtown area with **high visibility and foot traffic.**; - All-inclusive pricing: rent covers water, electrical, and gas utilities.; - **Recently remodeled and in turn-key condition** with new flooring, modern lighting, fresh paint, and a new A/C unit.
    (323) 327-3330
    Request Owner's contact information
    15514 Paramount Blvd Paramount, CA 90723
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15514 Paramount Blvd
    Paramount, CA 90723
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15514 Paramount Blvd Paramount, CA 90723
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alberto A Romero Meza
    Real Estate License ID: 01705343
    (323) 327-3330
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.