Properties
Paramount, CA 90723 14045 Garfield Ave.
$1,999,888
2 more
Presented By: Marcia La with Century 21 Ludecke Inc.;
SQFT • 5,964
Home Details
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!!!!!
Presented By: Marcia La with Century 21 Ludecke Inc.;
Interior Features for 14045 Garfield Ave.
Other Interior Features
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 14045 Garfield Ave.
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Business TypeWarehouse
Cap Rate26
CityParamount
Construction MaterialsBrick
CountyLos Angeles
Current FinancingNone
Current UseSee Remarks
DirectionsCross Street Rosecran, corner of Garfield Ave. and Quimby st
Insurance Expense3429
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet18957
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
Net Operating Income51581
Number of Units Leased1
Occupancy TypeTenant
Operating Expense33895
PostalCityPARAMOUNT
Property Sub Type AdditionalWarehouse
Property SubtypeWarehouse
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Year2023
Year Built1972
ZoningPam2*
Exterior for 14045 Garfield Ave.
Building Area Total5964
FencingChain Link
Lot FeaturesCorner Lot
Lot Size Acres0.4352
Lot Size Area18957
Number of Buildings1
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
