Property profile

16421 Illinois Ave Paramount, CA 90723

OFF-MARKET
Manufacturing properties
Property ID
US09-8596939
7,200 SF 0.55 ac lot Built 1980
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1980
Total area 7,200 SF
Lot 0.55 ac (24,003 SF)
Zoning code PAM2*
APN 7102-022-044
UPID US09-8596939

Cap rate & NOI

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

Location

16421 Illinois Ave Paramount, CA 90723-4905
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
by Request
CAP Approach CAP
$1.30M
Comparable Approach Comparable
by Request
Blend (final) Blend
$940k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2023
Price N/A
1997
Price N/A
1991
$475,000

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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