7121 Somerset Blvd Paramount, CA 90723-3905

Property Details for 7121 Somerset Blvd

Year built

1962

Construction

TILT-UP CONCRETE

Lot size

0.13 lot acres

Property size

3,200 SF

Zone code

PAC3*

Property type

Auto shops

APN

6241-030-034

APU

6241030034

Description

This exceptional investment opportunity presents a thriving auto mechanic business, complete with equipment, situated on a substantial 0.38-acre lot in Paramount, California. The property encompasses a generous 4,118 square feet of retail space, perfectly suited for continued operation as an auto repair facility or potential redevelopment. Included in the sale are all existing lifts and equipment, representing a significant value-add for the buyer. The property's strategic location on Somerset Boulevard offers excellent visibility and accessibility, ensuring a strong customer base. The sale includes three separate parcels, providing flexibility and potential for future expansion or development. This turnkey operation is ideal for an owner-occupant seeking a profitable business venture with immediate income potential. The asking price of $1,800,000 reflects the property's strong potential for return on investment. The existing business infrastructure and equipment significantly reduce the start-up costs associated with establishing a similar operation. This is a rare opportunity to acquire a well-established business and prime real estate in a desirable location. Serious inquiries are encouraged to explore this lucrative investment opportunity further. All aspects of the property are sold "as is."

Location Insight

City

Paramount

County

Los Angeles

State

California

Longitude

-118.174

Latitude

33.8966

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments