Property profile

16237 Illinois Ave Paramount, CA 90723

OFF-MARKET
Manufacturing properties
Property ID
US09-8566718
4,500 SF 0.17 ac lot Built 1980
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1980
Construction TILT-UP CONCRETE
Total area 4,500 SF
Lot 0.17 ac (7,489 SF)
Zoning code PAM2*
APN 7102-018-030
UPID US09-8566718

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
  • Auto Repair Shop

Location

16237 Illinois Ave Paramount, CA 90723-4903
Paramount metro Census 553802 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2024
Last sale
$395,000
4 recorded transactions
2024
Price N/A
2024
Price N/A
2017
$395,000
2016
Price N/A

Zoning & alternative use

PAM2* · 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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