15532 Illinois Ave Paramount, CA 90723
Versatile industrial warehouse in Paramount City's industrial district.
Property Features for 15532 Illinois Ave
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.17 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1963
Listing office RGA Properties
Listing date Nov 7, 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 RGA Properties
Investment Insights
Based on property information with market context.
Key Highlights
- M2 (Heavy Industrial) Zoning: Suitable for various industrial uses.
- Located within a county HUB Zone: Offers potential government contracting advantages.
- Ample Parking: Available in both front and rear.
Local 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 | $57.9k | $16.08 |
| − Vacancy | −$2.8k | −$0.77 |
| EGI | $55.1k | $15.31 |
| − OpEx | −$8.3k | −$2.30 |
| NOI | $46.8k | $13.01 |
Alternative Uses
Property Analytics
Current Use by Public Records
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