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Property profile & analytics
FOR SALE
Retail space

14045 Garfield Ave Paramount, CA 90723

5,964 SF 0.44 ac lot Built 1972
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US09-8473966
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Construction TILT-UP CONCRETE
Total area 5,964 SF
Lot 0.44 ac (18,978 SF)
Zoning code PAM2*
APN 6236-031-035
UPID US09-8473966
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • U-Haul Neighborhood Dealer Car Rental Facility
  • SMC Outlet Discount Store Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Blend (final) Blend
by Request
Owner & transaction history
Surapong Suwannarat · 1 yrs held
Surapong Suwannarat
since 2024
Last sale
$400,000
3 recorded transactions
2024
Price N/A
2021
Price N/A
1995
$400,000
Zoning & alternative use
PAM2* · Paramount, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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