Retail Space on Paramount
For Sale
$2,000,000
11432 Paramount Blvd, Downey, CA 90241
Retail space available for sale in Downey, California.
Property Size4,180 SF
Price / SF$478.47
Days on Market201
Property Features for 11432 Paramount Blvd
General Information
Standard status
Active
Size
4,180 SF
Property subtype
Retail
Building Details
Building Size
4,180 SF
Year Built
2001
Stories
1
Properties For Sale
at 11432 Paramount Blvd
Available Space
Not For Lease
Size
4,180 SF
*IN ESCROW* FOR SALE SALE PRICE: $2,000,000 Price/SQFT: $478.47 Please verify all information herein as Broker does not warrant its accuracy.
Contact us
Listing Agency:
DAUM Commercial Real Estate Services Los Angeles
Listed By:
Greg Johnson · License #CA 00620927
(213) 270-2243
Source:
Daumcommercial
Added: Apr 3
Changed: Oct 16
Last Checked: Oct 19 at 3:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DAUM Commercial Real Estate Services Los Angeles
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 4,180-square-foot retail space is available for sale. The property is zoned C-2.
Key Highlights
- Retail space available, perfect for your business venture.
- Zoning: C‑2, offering a range of commercial possibilities.
- Year Built: 2001.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,658
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,113,160
$2.1M
Cap Rate 7%
$1,509,400
$1.5M
Cap Rate 9%
$1,173,978
$1.2M
Market Conditions
NOI Build-Up for 4,180 SF
Gross rent
$154.5K $36.96/SF
− Vacancy
−$3.6K −$0.85/SF
EGI
$150.9K $36.11/SF
− OpEx
−$45.3K −$10.83/SF
NOI
$105.7K $25.28/SF
Area
Downey, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,113,160
Cap Rate 7%
$1,509,400
Cap Rate 9%
$1,173,978
Alternative Uses
Best Use
Retail
$1.51M
$1.32M – $1.76M
NOI $105,658 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M
NOI $119,381 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,024
Businesses Nearby
130k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Groceries 29%
Hotels & Casinos 19%
Dining 8%
Grocery Outlet Bargain Market
Groceries
37,755 visits/mo
0.3 miles
Dollar Tree
Shops & Services
25,621 visits/mo
0.3 miles
Embassy Suites By Hilton Los Angeles Downey
Hotels & Casinos
25,222 visits/mo
0.4 miles
Wells Fargo
Shops & Services
19,841 visits/mo
0.4 miles
U.S. Bank
Shops & Services
6,567 visits/mo
0.4 miles
Demographics for 90241, CA
44,921
Population
15,100
Households
3
Avg Household Size
37
Median Age
25%
College-Educated
81%
High-School Grad
4.9 sq mi
ZIP Area
9,168
Density / Sq Mi
$84,375
Median Household Income
$43,319
Median Earnings
$1,884
Median Rent
$770,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for sale in Downey, California.
Where is this retail space located?
The property is located at 11432 Paramount Blvd Downey, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Retail space available, perfect for your business venture.; Zoning: C‑2, offering a range of commercial possibilities.; Year Built: 2001.
