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
Taxes
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of April 13, 2021 4:24 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
