Retail Space on Paramount
12056 Paramount Blvd Downey, CA 90242
12056 Paramount Blvd, Downey, CA, 90242
$2,080,000
For Sale
$2,080,000
Retail space available for sale on Paramount Boulevard.
Property Size3,464 SF
Price / SF$600.46
Days on Market93
Property Features for 12056 Paramount Blvd
General Information
- Standard status
- Active
- Size
- 3,464 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1966
Listing agency
Kidder Mathews
(424) 653-1841
Listed by
Jay Martinez · License #01367663
(424) 653-1841
Source
Kidder
Added: Apr 20 Updated: Jul 10 at 1:14PM Checked: Jul 7 at 11:53PM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
A retail space is available for sale. The property offers 3,464 square feet of space and is located on Paramount Boulevard.
Key Highlights
- Retail space available for sale.
- Located on Paramount Boulevard.
- Built in 1966.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.0k | $36.96 |
| − Vacancy | −$2.9k | −$0.85 |
| EGI | $125.1k | $36.11 |
| − OpEx | −$37.5k | −$10.83 |
| NOI | $87.6k | $25.28 |
3,464 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.46M
NOI $87,559 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,932 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self Storage
Storage Facility
Tempo Cantina
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space available for sale on Paramount Boulevard.
Where is this retail space located?
The property is located at 12056 Paramount Blvd Downey, CA.
What is the asking price?
The asking price for this property is $2,080,000.
What are key features of this property?
This property features: Retail space available for sale.; Located on Paramount Boulevard.; Built in 1966.
