Address
12151 Paramount Boulevard Downey, CA
Price
$ 1,295,000
Property Attributes
  • MLS#OC21059806
  • TypeCommercial
  • CountyLOS ANGELES
  • CityDowney
  • AreaSouthwest Downey - S of Firestone - W of Downey
  • Zip90242
  • StyleRetail
  • Year Built1951
  • Taxes14245
  • Price$ 1,295,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Michael Rains with RE/MAX TerraSol.
Data Source:
CRMLS
Property Description

Commercial property with retail and office space located on a busy street with 50 ft frontage to Paramount Blvd, fully occupied. One tenant on a 3 year lease and other two tenants are month to month. Rents have not been increased in years. Proforma rents should be a total of $6400 per month with buyer to verify all rental information. Parking is in the rear with additional street parking in front. Close to Downey High School. Gallagher Hair salon has been a tenant for nearly 40 years. Upstairs offices are approximately 5 offices with a conference room leased to a Real Estate company. Newest tenant on 3 year lease is a well established baking supply company with several other locations.

Price History
3/22/2021 Listed $1,295,000

General Features

Business Type Mixed
MLS Area D3 - Southwest Downey, S of Firestone, W of Downey
Property SubType Retail
Property Type Commercial Sale
Terms Cash
Water Sewer Expense 2400

Interior Features

Laundry Features None

Exterior Features

Lot Features Paved
Lot Size Acres 0.17
Lot Size Area 7245
Lot Size Source Assessor
Lot Size Square Feet 7245
Lot Size Units Square Feet
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90242

Price
AVG $650K
$1.3M
Taxes
AVG $14,245
$14,245
Visits
AVG 20
6
Year Built
AVG 1949
1951
Walkscore
AVG 79
80
Data Provided by Walkscore ® not using MLS data

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