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    8650 Somerset Blvd Paramount, CA 90723

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    For Lease
    $1.50 SF/Yr

    Newly refurbished industrial unit near major freeways for lease.

    Property size:
    1,600 SF
    Lot size:
    0.73 Acres

    Property Features for 8650 Somerset Blvd

    General Information

    Size
    1,600 SF
    Lot size
    0.73 Acres

    Source: Lee & Associates - Torrance Agent Dustin Byington

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Paramount Industrial Flex Space Available

    This multi-tenant industrial park offers a newly refurbished unit. The property is located in close proximity to the 10, 105, and 91 Freeways. The available space measures 1,600 square feet and is suitable for flex space, industrial, and warehouse use.
    Location Intelligence

    Current Use by Public Records

    A-Plus Cabinets Cabinet Maker J M Metal ... Metal Polishing Service

    Suggested Use

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

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

    Similar Places Nearby

    California Commissary, Big Lizzie Catering, 710 ROSE, ideal foods inc, SoCal Birria Tacos Catering

    Location Insight

    • Map
    • Local Demand
    City
    Paramount
    County
    Los Angeles
    State
    California
    Longitude
    -118.149286
    Latitude
    33.896363

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    FAQs

    What type of property is this?
    Flex space - Newly refurbished industrial unit near major freeways for lease.
    Where is this flex space located?
    The property is located at 8650 Somerset Blvd Paramount, CA.
    What is the lease rate?
    The lease rate is $1.50 SF/Yr.
    What are key features of this property?
    This property features: - Multi-tenant industrial park.; - Newly refurbished unit.; - Easy access with 10 freeway proximity.
    (310) 965-1747
    Request Owner's contact information
    8650 Somerset Blvd Paramount, CA 90723
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    Paramount, CA 90723
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    Realmo Value Estimation

    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.

    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.

    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
    8650 Somerset Blvd Paramount, CA 90723
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