Property profile

16464 Paramount Blvd Paramount, CA 90723

OFF-MARKET
Auto shops
Property ID
US09-6396679
3,011 SF 0.17 ac lot Built 1965
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a 3,011 sq. ft. former automotive shop located on Paramount Blvd, north of Somerset, with street frontage. It was rezoned to allow retail, mixed-use, and redevelopment options, with permitted uses to be confirmed with the City of Paramount. The building is configured with an open floor layout, tall ceilings, and multiple roll-up doors, and it supports signage along the street. The site is suited for either owner-occupied use or an investment configuration, depending on the intended permitted use and development plan.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1965
Construction WOOD
Total area 3,011 SF
Lot 0.17 ac (7,501 SF)
Zoning code PAC3*
APN 7103-024-009
UPID US09-6396679

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
  • Resort

Location

16464 Paramount Blvd Paramount, CA 90723-5428
Paramount metro Census 553902 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2024
Last sale
$280,000
7 recorded transactions
2024
Price N/A
2019
Price N/A
2003
$68,000
2000
Price N/A
2000
$280,000
2000
$288,450
1991
$186,000

Zoning & alternative use

PAC3* · 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16464 Paramount Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message