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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7757 Jackson St Paramount, CA 90723

    • Office buildings
    • 651 SF
    • 0.46 lot acres
    For Sale
    View listing
    $2,000,000
    Last Sale
    Oct 01, 2024
    Value Estimations
    Cap Rate Potential
    4.5%
    Office buildings
    Location Intelligence
    Property ID
    US09-8596924
    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.

    Current Use by Public Records

    • Kenneth & Sons Plumbing & Electrical / Plumber

    Property Details for 7757 Jackson St

    Year built
    1972
    Construction
    WOOD
    Lot size
    0.46 lot acres
    Property size
    651 SF
    Zone code
    PAM2*
    Property type
    Office buildings
    APN
    7102-016-002
    APU
    7102016002

    Description

    This exceptional Paramount, CA industrial property presents a compelling investment opportunity. Located on a desirable cul-de-sac, the 0.46-acre lot offers a generous 20,000 square feet of space, zoned M-2 for diverse industrial uses. The property includes a well-maintained, single-story office building totaling 651 square feet, perfect for administrative functions or client meetings. Ample storage and parking are provided by a substantial 1,581 square feet of metal-covered area, featuring truss heights ranging from 10 to 15 feet, ideal for various equipment and inventory needs. Security is ensured by a perimeter fence incorporating block, metal, and chain-link materials. The property boasts durable and low-maintenance asphalt and concrete paving throughout the grounds. This versatile property offers a unique combination of office space, secure storage, and ample outdoor area, making it an ideal choice for businesses seeking expansion or a strategic investment in a prime Paramount location. The asking price is $2,000,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $335,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $255,000
      6.5%
      $235,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $320,000
      Market price range: $156k - $482k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $290,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $395,000
      Change: +36% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $300,000
      Change: +3% Conversion: Difficult
      MEDICAL BUILDING
      $295,000
      Change: +1% Conversion: Easy
      RETAIL STORES
      $250,000
      Change: -15% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Paramount
    County
    Los Angeles
    State
    California
    Longitude
    -118.164
    Latitude
    33.8858
    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
    $2,968
    $91,310
    $41,546
    $132,856
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $310,000
      0.19 Acres

      Paramount, CA 90723

      OFFICE BUILDING • 0.19 Acres
      Paramount, CA 90723
      View Details
    • Value Estimation
      $410,000
      5,760 SF

      14906 Paramount Blvd

      PROFESSIONAL BUILDING • 5,760 SF
      14906 Paramount Blvd, Paramount, CA 90723-3409
      View Details
    • Value Estimation
      $415,000
      6,000 SF

      14101 Paramount Blvd

      PROFESSIONAL BUILDING • 6,000 SF
      14101 Paramount Blvd, Paramount, CA 90723-2607
      View Details
    • Value Estimation
      $360,000
      9,312 SF

      15723 Vermont Ave

      OFFICE BUILDING • 9,312 SF
      15723 Vermont Ave, Paramount, CA 90723-4228
      View Details
    • Value Estimation
      $425,000
      1,392 SF

      15117 Minnesota Ave

      OFFICE BUILDING • 1,392 SF
      15117 Minnesota Ave, Paramount, CA 90723-4115
      View Details
    • Value Estimation
      $235,000
      2,582 SF

      15320 Paramount Blvd

      PROFESSIONAL BUILDING • 2,582 SF
      15320 Paramount Blvd, Paramount, CA 90723-4339
      View Details

    Similar Nearby for Sale

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      Paramount Retail/Office Investment Opportunity

      Fully occupied retail/office building with upside potential in rents.
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      View Details
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      Corner Land Parcel For Sale

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    • $1,150,000
      2,487 SF

      Paramount Multifamily Property with Garages

      Four-unit multifamily property in Paramount, each with a private garage.
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      Paramount Multifamily Investment Opportunity

      Six-unit multifamily property in a prime Paramount location.
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    • Contact for pricing
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      Paramount Retail Space For Lease

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    Similar Nearby for Lease

    • $18 SF/Yr
      4,750 SF

      Prime Paramount Executive Office Space

      4,750 SF Office, 3 Parking Spaces
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      View Details
    • $10 SF/Yr
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      Farmers Market Plaza: Multi-Use Space

      Prime Paramount location; versatile warehouse & retail space.
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      View Details
    • $1.50 SF/Yr
      1,154 SF

      Downey Avenue Office Space

      Office space available for rent in Paramount, California.
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      View Details
    • $18 SF/Yr
      13,500 SF

      Paramount Industrial Manufacturing Space

      13,500 SF Manufacturing Building, Large Yard
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      View Details
    • $1.95 SF/Yr
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      Retail Space For Lease

      Retail space available for lease in Paramount, CA.
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      View Details
    • $1.32 SF/Yr
      16,016 SF

      Paramount Warehouse with Dock High

      Warehouse with excellent freeway access and loading positions for rent.
      14350 Garfield Ave, Paramount, CA 90723
      View Details
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    7757 Jackson St
    Paramount, CA 90723
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    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
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