14045 Garfield Ave Paramount, CA 90723
For Sale
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This exceptional Paramount, CA commercial property at 14045 Garfield Ave. presents a rare investment opportunity. The 5,964 square foot building sits on a 0.44-acre lot and boasts a substantial monthly rental income of $7,123. This income is derived from a long-term tenant, occupying the space for over two decades, and a newly negotiated 35-year lease with a cell tower company. The property's location provides excellent access to major freeways, including the 91, 605, 710, and 105, ensuring high visibility and convenient access for both tenants and customers. The building has not been on the market for over 40 years, representing a unique chance to acquire a stable, high-yielding asset with significant potential for future growth. This is a remarkable opportunity for investors seeking a proven, long-term income stream with a strong tenant base and a secure, extended lease agreement. The property's size and location make it ideal for a variety of commercial uses, offering considerable flexibility for future development or expansion. This is a must-see property for discerning investors seeking a secure and profitable investment. The substantial rental income and long-term lease agreements provide a strong foundation for a successful investment strategy. Don't miss this chance to acquire a piece of Paramount's thriving commercial landscape.
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U-Haul Neighborhood Dealer Car Rental Facility
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SMC Outlet Discount Store Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PAM2* · Paramount, CAParamount. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.