Property profile

15101 Paramount Blvd Paramount, CA 90723

OFF-MARKET
Retail properties & Spaces
3.28 ac lot
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Property summary

AI-generated overview

This exceptional 3.28-acre parcel located at 15101 Paramount Boulevard in Paramount, California (zip code 90723), presents a unique investment opportunity within Los Angeles County. The property is designated for retail use and currently configured as a free-standing convenience store building, operating under a triple-net lease (NNN) with a single tenant. The site benefits from its strategic location within a thriving full city block development, boasting ample onsite parking. This prime location enjoys strong demographics within a 3-mile radius, evidenced by the presence of established businesses such as Sprouts, Starbucks, Northgate Market, and a diverse range of other retail and service providers. Nearby businesses include a furniture store, liquor store, Papa John's Pizza, T-Mobile, an income tax service, donut shop, dentist's office, dry cleaners, Thai restaurant, laundromat, flower shop, nail salon, "Doublez" Burgers & Tacos, and even the Paramount Sheriff's Station. This is a rare opportunity to acquire one of the last remaining pads in this highly sought-after development. The property's land classification is retail, and the subtype is specifically a free-standing convenience store. This location offers excellent visibility and accessibility, making it an ideal investment for discerning buyers seeking a strong return in a densely populated and commercially active area.

Property profile

Verified
Property type Retail properties & Spaces
Lot 3.28 ac (142,877 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Locksmith (Bike/Boat/Book/etc) Store
  • Building Supply Hardware & Home Improvement
  • Pharmacy
  • Loan Service
  • Building Supply Hardware & Home Improvement

Location

15101 Paramount Blvd Paramount, CA 90723
Paramount metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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