Property profile

15514 Paramount Blvd Paramount, CA 90723

FOR LEASE
Retail space
Property ID
US10-0083321
4,500 SF 0.17 ac lot Built 1963
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This remodeled commercial space is located on Main Street in a downtown area and is suited for retail, restaurant, or professional office use. The unit has an open interior floor plan and is approximately 650 square feet. Interior improvements include new flooring, modern lighting, fresh paint, and a newly installed air-conditioning unit. The space includes a private in-unit bathroom and is configured to support utilities such as water, electricity, and gas. The location is walkable to public transportation and nearby parking, with access to major freeways including the 91, 105, and 710.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Construction TILT-UP CONCRETE
Total area 4,500 SF
Lot 0.17 ac (7,500 SF)
Zoning code PACM*
APN 6270-016-003
UPID US10-0083321

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
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Location

15514 Paramount Blvd Paramount, CA 90723
Paramount metro Census 553901 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$950k

Owner & transaction history

since 2017
7 recorded transactions
2017
Price N/A
2017
$780,000
2014
$400,000
2004
$375,000
2001
Price N/A
1989
$16,500
1969
Price N/A

Zoning & alternative use

PACM* · Paramount, CA

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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