Property profile

12115 Paramount Blvd Downey, CA 90242

FOR SALE
Office buildings
Property ID
US09-6268729
4,000 SF 0.2 ac lot Built 1958
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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For Sale
Contact for pricing 4,000 SF
12115 Paramount Blvd, Downey, CA 90242
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1958
Construction WOOD
Total area 4,000 SF
Lot 0.2 ac (8,517 SF)
Zoning code DOC4*
APN 6246-008-006
UPID US09-6268729

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
  • Medical Clinic Alternative Medicine Practice
  • Physician
  • Physician
  • Alternative Medicine Practice
  • Medical Clinic

Location

12115 Paramount Blvd Downey, CA 90242
Downey metro Census 551502 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.56M
CAP Approach CAP
$1.51M
Comparable Approach Comparable
$1.68M
Blend (final) Blend
$1.68M

Owner & transaction history

since 2020
Last sale
$1.3M
7 recorded transactions
2023
Price N/A
2020
$1.3M
2018
Price N/A
2007
Price N/A
1999
$312,500
1994
Price N/A
1990
Price N/A

Zoning & alternative use

DOC4* · Downey, CA
Top alternative use upside
Neighborhood: shopping center $2.4M +92.6%
Auto repair, garage $1.9M +46.4%
Medical building $1.8M +43.8%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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