Paramount Industrial Building with
For Sale
Contact for pricing
15342 Colorado Ave, Paramount, CA 90723
4,800 SF industrial building with fenced yard in Paramount.
Property Size4,800 SF
Price / SF$290
Days on Market328
Property Features for 15342 Colorado Ave
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Office, Industrial, Land
Building Details
Year Built
1977
Listing Agency:
Lee & Associates - Los Angeles - Downtown
(626) 786-7430
Listed By:
Evan Jurgensen · License #CA 01967347
Source:
Crexi
Added: Sep 6, 2025
Changed: Jul 10
Last Checked: Jul 23 at 6:33AM
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 - Los Angeles - Downtown
Investment Insights
Based on property information with market context.
This approximately 4,800 SF free-standing building is strategically located in the heart of Paramount’s industrial corridor, presenting an opportunity for either an owner-user or investor. The property includes heavy power (400A/240V), a 12’ clear height, and a private, fenced and paved yard suitable for secure outdoor storage or fleet parking. Constructed with a clear span, the warehouse provides efficient open space, complemented by approximately ±250 SF of office space and two restrooms. The well-maintained facility offers convenient access to major freeways and is positioned within the Long Beach/ Harbor Cities submarket, making it a versatile choice for manufacturing, distribution, or service operations.
Key Highlights
- Strategically located in the heart of Paramount’s industrial corridor with convenient access to major freeways and the Long Beach/Harbor Cities submarket.
- ±4,800 SF free‑standing building offering a rare owner‑user or investor opportunity.
- Heavy power (400A/240V) suitable for industrial operations.
Financial Insights For Warehouse
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 | $77.2k | $16.08 |
| − Vacancy | −$3.7k | −$0.77 |
| EGI | $73.5k | $15.31 |
| − OpEx | −$11.0k | −$2.30 |
| NOI | $62.5k | $13.01 |
4,800 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$892.2K
$780.7K – $1.04M
NOI $62,457 @ 7.0% cap · market cap 4.49%
Second Best
Industrial
$801.3K
$701.2K – $934.9K
NOI $56,093 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $179,893 @ 7.0% cap · market cap 12.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,058
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 Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- California Commissary — 7325 Somerset Blvd, Paramount, CA 90723
- ideal foods inc — 7549 E Alondra Blvd, Paramount, CA 90723
- SoCal Birria Tacos Catering — 7532 Rosecrans Ave ste 7534, Paramount, CA 90723
Frequently Asked Questions
What type of property is this?
Flex space - 4,800 SF industrial building with fenced yard in Paramount.
Where is this flex space located?
The property is located at 15342 Colorado Ave Paramount, CA.
What is the asking price?
The asking price for this property is $1,392,000.
What are key features of this property?
This property features: Strategically located in the heart of Paramount’s industrial corridor with convenient access to major freeways and the Long Beach/Harbor Cities submarket.; ±4,800 SF free‑standing building offering a rare owner‑user or investor opportunity.; Heavy power (400A/240V) suitable for industrial operations.
