Corner Retail and Apartment
8001 Somerset Blvd Paramount, CA 90723
8001 Somerset Blvd, Paramount, CA, 90723
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For Sale
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Mixed-use property at a signalized corner with 4,742-student school enrollment nearby and fully occupied retail and apartments.
Days on Market102
Property Features for 8001 Somerset Blvd
General Information
- Standard status
- Active
- Property subtype
- Retail, Mixed Use
Listing agency
Centennial Advisers
Listed by
Tom Watkins · License #CA 01754440
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 7:58PM Checked: Jul 20 at 7:58PM
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Investment Insights
Based on property information with market context.
Located at the northeast corner of Paramount Boulevard and Somerset Boulevard, this mixed-use property totals 11,150 SF across two parcels totaling just under 17,000 SF. The center is fully occupied with four retail tenants on the ground level and four large apartment units on the upstairs levels.
Retail includes a NNN lease with the largest tenant, Tequila Ranch Liquor, while the other retail tenants are on gross leases. The property is described as well parked with strong visibility and curb appeal.
The configuration supports an investor-style mix of lease structures, with street-facing retail and residential units above. The corner location is signalized, with traffic counts over 40,000 cars per day, and is also positioned to benefit from nearby Paramount High School campuses, which enroll over 4,742 students.
Retail includes a NNN lease with the largest tenant, Tequila Ranch Liquor, while the other retail tenants are on gross leases. The property is described as well parked with strong visibility and curb appeal.
The configuration supports an investor-style mix of lease structures, with street-facing retail and residential units above. The corner location is signalized, with traffic counts over 40,000 cars per day, and is also positioned to benefit from nearby Paramount High School campuses, which enroll over 4,742 students.
Key Highlights
- 11,150 SF mixed‑use center on two parcels totaling just under 17,000 SF
- Fully occupied with 4 retail tenants and 4 large upstairs apartment units
- Tequila Ranch Liquor is on a NNN lease; other retail tenants are on Gross leases
Property Analytics
Location Intelligence
Current Use by Public Records
Happy Mailbox
Passport Photo Processor
RBO PERFORMANCE
Car Dealership
Solutions 4 Families, ...
Family Counselor
Life of Faith Church
Association / Organization
Honey Bei Express
Department Store
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FAQs
What type of property is this?
Mixed-use property - Mixed-use property at a signalized corner with 4,742-student school enrollment nearby and fully occupied retail and apartments.
Where is this mixed-use property located?
The property is located at 8001 Somerset Blvd Paramount, CA.
What are key features of this property?
This property features: 11,150 SF mixed‑use center on two parcels totaling just under 17,000 SF; Fully occupied with 4 retail tenants and 4 large upstairs apartment units; Tequila Ranch Liquor is on a NNN lease; other retail tenants are on Gross leases
