13840 Paramount Bl, Paramount, CA 90723

$999,999 Approx. USD 0 beds, 0 baths
58,738 sqft

Agent Remarks

HARD TO FIND IN THE MARKET. Hardware, Machinist tools & Metal store in excellent location. The free standing building is huge 58,738 sqft, lot size 94,833 sqft with hundred of parking. The building is too big, the seller use only the half and has 2 sub-lease Nail Salon and Mattress Store with good income. The building is still has over 10,000 sqft vacant, the buyer have potential open more business like restaurant, coin laundry, convenient store market or sub-lease to make more profits (buyer check with city). The great opportunity for family members. The seller has made enough money and wants to retire, tax record showing profits in last 3 years is available for buyer to review. Gross income $70K/a month, net income $17K/a month, capital rate 17%. The sale price includes all inventories, equipment and good will. The seller will signed new long term lease 10 years and 10 years option begin 01/2017. This price is for business only NOT including the property. The buyer have option to buy first if the landlord want to sale the property. The buyer can review in web size

Listing Details

Property type: (Commercial)
Status: Active
MLS# PW16173352
List price is $999,999 Reduced by $100,001 on 9/6/2016
Beds: 0
Baths: 0
Built in 1959
58,738 sqft
2.17 acres
County: Los Angeles
MLS area: 699 - Not Defined

Last Updated: 11/30/2016

 Find more Paramount homes and real estate

 Find more homes in 90723 zip code

This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 33.909695, -118.159668.
Find nearby listings

Broker: Courtesy of DC Real Estate
Listing Agent: My

Area Map

Nearby Schools

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

Similar Listings