Property profile

15342 Illinois Ave Paramount, CA 90723

OFF-MARKET
Warehouses
Property ID
US09-6398813
10,800 SF 0.45 ac lot Built 1972
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1972
Construction TILT-UP CONCRETE
Total area 10,800 SF
Lot 0.45 ac (19,684 SF)
Zoning code PAM2*
APN 6240-016-020
UPID US09-6398813

Cap rate & NOI

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

Location

15342 Illinois Ave Paramount, CA 90723-4109
Paramount metro Census 553801 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.50M
CAP Approach CAP
$2.16M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.50M

Owner & transaction history

since 2024
Last sale
$2.5M
7 recorded transactions
2024
$2.5M
2021
$2.5M
2021
Price N/A
2020
Price N/A
2014
Price N/A
2013
Price N/A
1969
Price N/A

Zoning & alternative use

PAM2* · Paramount, CA
Top alternative use upside
Retail stores $4.1M +48.8%
Commercial (general) $3.3M +20.0%

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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