Corner Retail and Apartment
For Sale
Contact for pricing
8001 Somerset Blvd, Paramount, CA 90723
Mixed-use property at a signalized corner with 4,742-student school enrollment nearby and fully occupied retail and apartments.
Property SizeContact for details
Days on Market143
Property Features for 8001 Somerset Blvd
General Information
Standard status
Active
Property subtype
Retail, Mixed Use
Listing Agency:
Centennial Advisers
(310) 694-3978
Listed By:
Tom Watkins · License #CA 01754440
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 12:49PM
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 Centennial Advisers
Investment Insights
Based on property information with market context.
Located at the northeast corner of Paramount Boulevard and Somerset Boulevard, this mixed-use property totals 11,150 SF across two parcels totaling just under 17,000 SF. The center is fully occupied with four retail tenants on the ground level and four large apartment units on the upstairs levels.
Retail includes a NNN lease with the largest tenant, Tequila Ranch Liquor, while the other retail tenants are on gross leases. The property is described as well parked with strong visibility and curb appeal.
The configuration supports an investor-style mix of lease structures, with street-facing retail and residential units above. The corner location is signalized, with traffic counts over 40,000 cars per day, and is also positioned to benefit from nearby Paramount High School campuses, which enroll over 4,742 students.
Retail includes a NNN lease with the largest tenant, Tequila Ranch Liquor, while the other retail tenants are on gross leases. The property is described as well parked with strong visibility and curb appeal.
The configuration supports an investor-style mix of lease structures, with street-facing retail and residential units above. The corner location is signalized, with traffic counts over 40,000 cars per day, and is also positioned to benefit from nearby Paramount High School campuses, which enroll over 4,742 students.
Key Highlights
- 11,150 SF mixed‑use center on two parcels totaling just under 17,000 SF
- Fully occupied with 4 retail tenants and 4 large upstairs apartment units
- Tequila Ranch Liquor is on a NNN lease; other retail tenants are on Gross leases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,022
Businesses Nearby
Explore this area
Business Placement
Demographics for 90723, CA
53,770
Population
14,585
Households
3.7
Avg Household Size
33
Median Age
13%
College-Educated
66%
High-School Grad
4.7 sq mi
ZIP Area
11,440
Density / Sq Mi
$70,912
Median Household Income
$35,032
Median Earnings
$1,772
Median Rent
$500,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property at a signalized corner with 4,742-student school enrollment nearby and fully occupied retail and apartments.
Where is this mixed-use property located?
The property is located at 8001 Somerset Blvd Paramount, CA.
What are key features of this property?
This property features: 11,150 SF mixed‑use center on two parcels totaling just under 17,000 SF; Fully occupied with 4 retail tenants and 4 large upstairs apartment units; Tequila Ranch Liquor is on a NNN lease; other retail tenants are on Gross leases
