$1,999,888
FOR SALEActive14045 Garfield Ave.
Paramount CA 90723
5,964
SF
Warehouse
Type
1972
Built
$335/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
PRICE REDUCED!!!! Great news for investor buyers: an extraordinary opportunity to own or invest in this commercial property. The property has not been on the market for 40 years. It offers substantial rentable space and has significant potential for growth. A substantial long-term tenant has been there for over 20 years; It includes a newly negotiated contract with a cell tower company for a 35-year lease—excellent access to 91, 605, 710, and 105 freeways. The total monthly rental income from the tenant and cell tower lease is $7123.00. MUST SEE, DON'T MISS THIS OPPORTUNITY!!!!!
Property Information
Property Overview
Commercial - Warehouse
Property Type
Active
Status
Pam2*
Zoning
0.4352 acres
Lot Size
5,964 SF
Square Footage
$335.33/SF
Price per SF
26.00%
Cap Rate
$52K
NOI
1,972
Year Built
1
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
26% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
26.00%
Cap Rate
$51,581
NOI
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CRMLS
MLS# AR24219008
Listed:
Nalren refreshed:
Last updated
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Listed by: Century 21 Ludecke Inc.
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.