List Search

12040 Paramount Blvd
Downey, CA 90242

$2,900,000 USD

Storefront Retail Office For Sale  •  5,125 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 5,125 SF
  • Lot Size 0.37 AC
  • Building Class C
  • Year Built 1965
  • Tenancy Multiple
  • Zoning DOC1
0 Transit Score
78 Walk Score

Highlights

Generous Parking Ratio and Visibility
Ideal Owner User - up to 65% of the leases expiring by May 2025
Stablized Leased Investment 7.06% Cap Rate - w/NNN leases on 76% of RSF
Adjacent to Heavy Foot Traffic - Shakey's Pizza and Extremely Popular Tempo Cantina

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 5.4 mi
Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 6.0 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 18 min - 9.3 mi
Los Angeles International 25 min - 17.8 mi
Bob Hope 38 min - 28.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Jay Martinez 310-658-3375 Kidder Mathews
Jay Martinez 310-658-3375 Kidder Mathews