Mixed-Use Retail and Apartment
For Sale
Contact for pricing
13206 Paramount Blvd, South Gate, CA 90280
Two street-front retail spaces and six rear apartment units on a large lot, with retail currently on month-to-month tenancy.
Property Size6,088 SF
Days on Market126
Property Features for 13206 Paramount Blvd
General Information
Standard status
Active
Size
6,088 SF
Property subtype
Multifamily
Additional Details
Cap Rate
5.87%
Road Access
Yes
Multifamily Units
6
Building Details
Tenancy
Multi
Listing Agency:
Shield Commercial Real Estate
Listed By:
Jonathan Nikfarjam · License #CA 01856803
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 9:22PM
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 Shield Commercial Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property includes two retail stores and six apartment units within one building. The building totals 6,088 SF and sits on an 11,016-SF lot. The two retail spaces, totaling 1,338 SF, are currently occupied by a single tenant (Royal Mortuary) for both spaces; the leases have expired and the tenant is month-to-month.
The apartment units are located in the rear and include (two) 3-bedroom/1-bathroom units, (three) 2-bedroom/1-bathroom units, and (one) 1-bedroom/1-bathroom unit. Most units have individual hot water heaters and washer/dryer hook-ups. The property is described as having no local rent control, defaulting to AB 1482.
The asset is offered at a stated 5.87% cap rate and 9.85 GRM, with pro-forma figures also provided (10.30% and 6.74) based on the reported rent levels. Title is noted as 4,320 SF. The retail has frontage on Paramount Boulevard and the property is positioned on a major thoroughfare in South Gate.
The apartment units are located in the rear and include (two) 3-bedroom/1-bathroom units, (three) 2-bedroom/1-bathroom units, and (one) 1-bedroom/1-bathroom unit. Most units have individual hot water heaters and washer/dryer hook-ups. The property is described as having no local rent control, defaulting to AB 1482.
The asset is offered at a stated 5.87% cap rate and 9.85 GRM, with pro-forma figures also provided (10.30% and 6.74) based on the reported rent levels. Title is noted as 4,320 SF. The retail has frontage on Paramount Boulevard and the property is positioned on a major thoroughfare in South Gate.
Key Highlights
- Mixed‑use building with 2 retail stores and 6 apartment units on an 11,016‑SF lot
- Building size is 6,088 SF; retail totals 1,338 SF with frontage on Paramount Boulevard
- Two retail spaces are occupied by Royal Mortuary under month‑to‑month tenancy (leases expired)
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
Explore this area
Business Placement
Demographics for 90280, CA
92,678
Population
25,395
Households
3.6
Avg Household Size
34
Median Age
12%
College-Educated
59%
High-School Grad
7.4 sq mi
ZIP Area
12,524
Density / Sq Mi
$71,379
Median Household Income
$34,547
Median Earnings
$1,471
Median Rent
$608,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two street-front retail spaces and six rear apartment units on a large lot, with retail currently on month-to-month tenancy.
Where is this apartment building located?
The property is located at 13206 Paramount Blvd South Gate, CA.
What are key features of this property?
This property features: Mixed‑use building with 2 retail stores and 6 apartment units on an 11,016‑SF lot; Building size is 6,088 SF; retail totals 1,338 SF with frontage on Paramount Boulevard; Two retail spaces are occupied by Royal Mortuary under month‑to‑month tenancy (leases expired)
