Refurbished Freestanding Flex
For Sale
Contact for pricing
13942 Orange Ave, Paramount, CA 90723
Refurbished flex space combines substantial office areas with a reinforced warehouse floor.
Property Size39,800 SF
Price / SF$289
Days on Market54
Property Features for 13942 Orange Ave
General Information
Standard status
Active
Size
39,800 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Listing Agency:
Lee & Associates
(323) 767-2102
Listed By:
Edward Lee · License #01379696
(323) 767-2102
Source:
Moodyscre
Added: Jul 8
Changed: Aug 29
Last Checked: Aug 29 at 11:51PM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This freestanding flex property offers 39,800 square feet of space with recently refurbished improvements, large modern office areas, and a reinforced warehouse floor. The configuration supports a blend of office and warehouse functions within one commercial facility.
Located at 13942 Orange Ave in Paramount, California, the property provides access to the 710 and 91 freeways. On-site street parking is available for occupants and visitors.
Located at 13942 Orange Ave in Paramount, California, the property provides access to the 710 and 91 freeways. On-site street parking is available for occupants and visitors.
Key Highlights
- 39,800 square feet of flex space
- Recently refurbished freestanding CTU
- Large modern office areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$869,996
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$17,399,920
$17.4M
Cap Rate 7%
$12,428,514
$12.4M
Cap Rate 9%
$9,666,622
$9.7M
Market Conditions
NOI Build-Up for 39,800 SF
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.
Gross rent
$1.53M $38.40/SF
− Vacancy
−$368.3K −$9.25/SF
EGI
$1.16M $29.15/SF
− OpEx
−$290.0K −$7.29/SF
NOI
$870.0K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$17,399,920
Cap Rate 7%
$12,428,514
Cap Rate 9%
$9,666,622
Alternative Uses
Best Use
Office B
$12.43M
$10.87M – $14.50M
NOI $869,996 @ 7.0% cap · market cap 7.56%
Second Best
Warehouse
$7.40M
$6.47M – $8.63M
NOI $517,875 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$21.31M
$18.65M – $24.86M
NOI $1,491,614 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
Under-served
Demand for This Use
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 Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Big Lizzie Catering — 4931 E San Marcus St, Compton, CA 90221
- 710 ROSE — 3 Rosecrans Ave, Paramount, CA 90723
- SoCal Birria Tacos Catering — 7532 Rosecrans Ave ste 7534, Paramount, CA 90723
- Cappuccino On Call — 14037 Garfield Ave Ste.B, Paramount, CA 90723
- Royal Catering Co — 5442 Martin Luther King Jr Blvd, Lynwood, CA 90262
Frequently Asked Questions
What type of property is this?
Flex space - Refurbished flex space combines substantial office areas with a reinforced warehouse floor.
Where is this flex space located?
The property is located at 13942 Orange Ave Paramount, CA.
What is the asking price?
The asking price for this property is $11,502,200.
What are key features of this property?
This property features: 39,800 square feet of flex space; Recently refurbished freestanding CTU; Large modern office areas
