Financial
Distress signals
Property profile

16213 Illinois Ave Paramount, CA 90723

FOR LEASE
Manufacturing properties
Property ID
US10-0083017
1,960 SF 0.17 ac lot Built 1965
Last sale Aug 2013 · $657,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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16213 Illinois Ave, Paramount, CA 90723 For Lease
$345,000 2,702 SF available
16213 Illinois Ave, Paramount, CA 90723
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$423k
Assessed land$361k
Assessed improvement$63k
Effective rate1.46%

Value estimate

· Sep 2026
$345k
$311k – $380k
AI approach$345k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$3k
Operating expenses−$14k
NOI · 1,074,013.61% cap applied$32k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$248/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$140 – $346
Qualifying comparables8

Cap rate analysis

How does the asset earn?
1,074,013.61%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PAM2*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency79.5
Law Firm43.4
Gym & Fitness28.1

Location

16213 Illinois Ave Paramount, CA 90723
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7534 Adams, Paramount, CA 90723-4010 $1,200,000 Jan 2026 4,140 SF
15131 Illinois, Paramount, CA 90723-4106 $845,000 Dec 2025 3,000 SF
15941 Minnesota, Paramount, CA 90723-4913 $225,000 Jul 2024 3,930 SF
16237 Minnesota, Paramount, CA 90723-4915 $1,135,000 Jun 2024 4,185 SF
15019 San Jose, Paramount, CA 90723 $530,000 Feb 2024 1,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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