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12151 Paramount Boulevard
Downey CA 90242 US

$1,195,000

Active Listing ID OC21059806
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Built in 1951
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Other

$1,195,000

Active Listing ID OC21059806
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12151 Paramount Boulevard Commercial property with retail and office space located on a busy street with 50 ft frontage to Paramount Blvd, fully occupied. Two tenants are on new 3 year lease and other tenant are month to month. Rents have not been increased in years. Actual Rents are $6300 Proforma rents should be a total of $6500 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. Property to be SOLD AS IS with no repair or credits to be given. NO SBA LOANS and NO 51% occupancy req

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Property Features

  • Facts
  • Built in: 1951
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Roof Type: Unknown
Listing Changed: 9/16/2021 6:35:34 PM GMT
Source Updated Date: 12/2/2021 6:30:11 AM GMT

Courtesy of: Michael Rains, RE/MAX TerraSol

Listing Source - ListHub

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