Paramount Industrial Building with
15342 Colorado Ave, Paramount, CA 90723
Call to check price and availability
4,800 SF industrial building with fenced yard in Paramount.
Type:Office, Industrial, Land
Property size:
4,800 SFPrice / SF:
$290/SF- Added:
- Sep 6, 2025
- Days on Market:
- 253
- Last Refresh:
- Mar 17 at 1:22 pm
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 agent Evan Jurgensen License #CA 01967347
Listing office Lee & Associates - Los Angeles - Downtown (626) 786-7430
Listing date Sep 6, 2025
Source Crexi
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
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.
- Private, fenced and paved yard ideal for secure outdoor storage or fleet parking.
- Clear span construction providing efficient open warehouse space.
- 12’ clear height.
Overview
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.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.17M
NOI $104,924 @ 9.00% cap · cautious / downside scenario
Moderate
$1.50M
NOI $104,924 @ 7.00% cap · market / base-case scenario
Aggressive
$2.10M
NOI $104,924 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $184.3k | $38.40 |
| − Vacancy | −$44.4k | −$9.25 |
| EGI | $139.9k | $29.15 |
| − OpEx | −$35.0k | −$7.29 |
| NOI | $104.9k | $21.86 |
4,800 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $104,924 @ 7.0% cap · market cap 7.54%
Second Best
Warehouse
$892.2K
$780.7K – $1.04M
NOI $62,457 @ 7.0% cap · market cap 4.49%
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 local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Flex space
Similar Places Nearby
- California Commissary — 7325 Somerset Blvd, Paramount, CA 90723
- ideal foods inc — 7549 E Alondra Blvd, Paramount, CA 90723
Location Insight
- Map
- Local Demand
- City
- Paramount
- County
- Los Angeles
- State
- California
- Longitude
- -118.1610688
- Latitude
- 33.8935381
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FAQs
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.
