Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7039 Alondra Blvd Paramount, CA 90723-3925
    Back to Search
    Property profile & analytics

    7039 Alondra Blvd, Paramount, CA 90723-3925

    View on Map
    • Hospitals
    • 25,751 SF
    • 1.16 lot acres
    Off-Market
    Last Sale Jun 2, 2023
    $4,885,048
    Property ID
    US10-0069362
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $5,060,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Paramount Meadows Nursing Center / Nursing Home
    • Meadow Creek Post-Acute (Formerly Affinity Healthcare Center) / Nursing Home

    Property Details for 7039 Alondra Blvd

    Year built
    1969
    Construction
    WOOD
    Lot size
    1.16 lot acres
    Zone code
    PAC3YY
    Property type
    Hospitals
    APN
    6240-007-084
    APU
    6240007084

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 2, 2023 $4,885,000 7039 Alondra Boulevard LLC M O Paramount LP Grant Deed —
    Dec 1, 2021 — M O Paramount LP — Deed · related —
    Aug 7, 2001 — Paramount Mo Paramount Meadows Nursing Cent Quit Claim Deed · related —
    Sep 30, 1997 — Paramount Meadows Nursing Cumberland Healthcare, Grant Deed · related —
    — — Cumberland Healt — Deed Of Trust · related $3.5M · Cumberland Healt
    — — Paramount LP Mo — Deed Of Trust · related $8.8M · Bank Of America
    — — Mo Paramount LLC — Deed Of Trust · related $8M · Lasalle National Bank
    — — M O Paramount LLC — Deed Of Trust · related $3.2M · Gmac Commercial Mortgage Corp

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,775,000
      ML approach
      $5,225,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,522,000
      Market price range: $837k - $5.52M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Paramount
    County
    Los Angeles
    State
    California
    Longitude
    -118.176
    Latitude
    33.8895
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $246,064
    $12,240,000
    $6,686,100
    $18,926,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $18,355,000
      127,081 SF

      16453 Colorado Ave

      HOSPITAL - PRIVATE
      16453 Colorado Ave, Paramount, CA 90723-5011
      View Details
    • Value Estimation
      $4,245,000
      29,219 SF

      8835 Vans St

      HOSPITAL - PRIVATE
      8835 Vans St, Paramount, CA 90723-4656
      View Details
    • Value Estimation
      $2,485,000
      17,044 SF

      8558 Rosecrans Ave

      HOSPITAL - PRIVATE
      8558 Rosecrans Ave, Paramount, CA 90723-3644
      View Details
    • Value Estimation
      $2,445,000
      11,706 SF

      15717 Paramount Blvd

      MEDICAL BUILDING
      15717 Paramount Blvd, Paramount, CA 90723-4377
      View Details
    • Value Estimation
      $1,345,000
      7,862 SF

      8319 Alondra Blvd

      MEDICAL BUILDING
      8319 Alondra Blvd, Paramount, CA 90723-4403
      View Details
    • Value Estimation
      $515,000
      2,008 SF

      8311 Alondra Blvd

      MEDICAL BUILDING
      8311 Alondra Blvd, Paramount, CA 90723-4403
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,864 SF

      Fresenius Kidney Care Facility

      High-performing dialysis facility with corporate guarantee and lease extension.
      8319 Alondra Blvd, Paramount, CA 90723
      View Details
    • Contact for pricing

      Triplex on Large Lot

      Triplex with upside potential on an 8,000+ sq. ft. lot.
      8203 2Nd St, Paramount, CA 90723
      View Details
    • Contact for pricing
      9,304 SF

      Food Manufacturing Facility For Sale

      FDA/USDA approved food manufacturing building in Paramount, California.
      7602 Jackson St, Paramount, CA 90723
      View Details
    • $3,200,000

      Paramount Commercial/Industrial Building For Sale

      9,000 SF commercial/industrial building with high visibility and CM zoning.
      8595 Rosecrans Ave, Paramount, CA 90723
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease in Paramount, California.
      16312 Garfield Ave, Paramount, CA 90723
      View Details
    • Contact for pricing
      4,017 SF

      Paramount Warehouse/Flex Space Available

      Multi-tenant building featuring reception, offices, restrooms, and warehouse space.
      15321-15323 Texaco Ave, Paramount, CA 90723
      View Details
    • Contact for pricing
      5,280 SF

      Paramount Industrial Flex Space Available

      Newly refurbished industrial unit near major freeways for lease.
      8650 Somerset Blvd, Paramount, CA 90723
      View Details
    • Contact for pricing

      Industrial Unit in Edmar Park

      4,812 SF industrial unit available for rent.
      14908 Gwenchris Ct, Paramount, CA 90723
      View Details
    • Contact for pricing

      Paramount Industrial Building with Yard

      4,800 SF industrial building with fenced yard for lease.
      15342 Colorado Ave, Paramount, CA 90723
      View Details
    • Contact for pricing

      Paramount Commercial Properties for Lease

      Commercial properties available for lease in Paramount, California.
      15323 Texaco Ave, Paramount, CA 90723
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7039 Alondra Blvd
    Paramount, CA 90723-3925
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7039 Alondra Blvd, Paramount, CA, 90723
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!