4929 Paramount BoulevardLakewood, CA 90712
SqFt
9,418
$6,900,000
$225K
Description
Property is Located on the corner of Del Amo and Paramount Blvd. there are 2 neighboring properties, on one each side of the selling property. CVS PHARMACY and Social Security Administration Building. the middle property is the selling property with its Lease by 7 different businesses. 1. 4929- Tacos El Tapatio, 2.- 4931 is Vacant at the moment, 3.- 4933 is Vacant at the moment, 4.- Insurance Agency 5.- Epsilon Nail and Spa, 6.- Game Stop, 7.- Nguyen Dental. All of which are long term tenants since 2005. Property is in great condition. Seller is a corporation LLC that is going to be doing a 1031 exchange at no cost to buyer. All parties to verify and do their own due diligence on commercial property. Units 4931 and 4933 were one whole unit combined and was leased out by single Tenant. Now its divided in 2 and remodeled with new floors and new paint inside.Contact - Listing ID IV21208216
Jignesh Patel
Property Details for 4929 Paramount Boulevard
StatusActive
Price/SqFt$732.64
SqFt
9,418
CountyLos Angeles
Year Built2004
Property TypeCommercial Sale
Property Sub TypeRetail
Primary Features
County
Los Angeles
Price Before Reduction
7125000
Price Reduction Date
2022-01-14T22:08:45+00:00
Price/SqFt
732.64
Property Sub Type
Retail
Property Type
Commercial Sale
Year Built
2004
Interior
Building Area Units
Square Feet
Condo Area Units
Square Feet
Cooling Type
Central Air
Cooling
yes
Heating
yes
Heating Type
Central
Laundry Features
None
External
Electric
Electricity - On Property
Lot Size Source
Assessor
Minimum Total Area Units
Square Feet
Roof
Flat
Water Source
Public
Location
Country
US
MLS Area Major
24 - Lakewood Mutuals
Additional
Additional Parcels
no
Building Status
Existing
Days On Market
185
List Agent State License
01475460
List Office State License
01878277
Max Total Area Units
Square Feet
Number Of Units Total
34549
Parcel Number
7157027014
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Financial
Accounting Type
ProForma
Cap Rate
3.88
Gross Scheduled Income
371044
Net Operating Income
268238
Operating Expense
102806
Real Estate Tax Expense
89062
Special Listing Conditions
Standard
Total Expenses
102806
Zoning Info
Local Information
© 2022. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Last updated Friday, August 12th, 2022.
Based on information from CARETS as of Friday, August 12th, 2022 10:47:37 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from CARETS as of Friday, August 12th, 2022 10:47:37 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Similar Listings
Contact - Listing ID IV21208216
Jignesh Patel
Contact - Listing ID IV21208216
Jignesh Patel
Contact - Listing ID IV21208216
Jignesh Patel
Contact - Listing ID IV21208216
Jignesh Patel
Contact - Listing ID IV21208216
Jignesh Patel
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