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    4929 Paramount Boulevard

    Lakewood, CA 90712
    • $7,127,000
    • STATUS: Active
    • ON SITE: 109 days
    • ID#: IV21080412
    UPDATED: 24 min ago
    $7,127,000
    • 0
      BEDS
    • 0.85
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2004
    County:

    School Ratings & Info

    Description

    Property is located on the corner of Del Amo and Paramount Blvd. There are 2 neighboring properties, one on each side of the selling property. CVS PHARMACY AND Social Security Administration Building. The middle property is the selling property with its Lease by 5 different businesses. 1.4929-Tacos El Tapatio 2.4931-Vacant 4-4935-Vacant 3-Insurance Agencies 4.Epsilon Nail and Spa 5.Game Stop 6.Nguyen Dental All of which are long term tenants since 2005. Property is in great condition financial information will be posted on supplements section. Seller is a corporation LLC that is going to be doing a 1031 exchange no cost to buyer. All parties to verify and do their own due diligence on commercial property. The businesses are not included on the sale only property. Units 4931 and 4935 have been individually divided and remodeled. Both units have new floors and new paint. Ready to be leased.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-04T21:25:55.173. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/116208233
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    4929 Paramount Boulevard Lakewood, CA 90712

    • Price: $7,127,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: IV21080412
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.85
    Acres
    2004
    Built
    Neighborhood:
    24 - Lakewood Mutuals
    County:
    Los Angeles
    Area:
    24 - Lakewood Mutuals
    Property Description
    Property is located on the corner of Del Amo and Paramount Blvd. There are 2 neighboring properties, one on each side of the selling property. CVS PHARMACY AND Social Security Administration Building. The middle property is the selling property with its Lease by 5 different businesses. 1.4929-Tacos El Tapatio 2.4931-Vacant 4-4935-Vacant 3-Insurance Agencies 4.Epsilon Nail and Spa 5.Game Stop 6.Nguyen Dental All of which are long term tenants since 2005. Property is in great condition financial information will be posted on supplements section. Seller is a corporation LLC that is going to be doing a 1031 exchange no cost to buyer. All parties to verify and do their own due diligence on commercial property. The businesses are not included on the sale only property. Units 4931 and 4935 have been individually divided and remodeled. Both units have new floors and new paint. Ready to be leased.
    Exterior Features

    Lot Features 6-10 Units/AcreNear Public TransitPavedWalkstreet Roof Flat

    Interior Features

    Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Cap Rate 4.25 Common Interest None Current Financing Conventional Electric Electricity - On Property Gross Scheduled Income 371044 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 302906 Operating Expense 68138 Property Sub Type Retail Special Listing Conditions Standard Tax Annual Amount 54394 Tax Year 2020 Utilities Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedOtherPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected Water Source Private

    Listing provided courtesy of Jose Sanchez of Exp Realty Of California Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-04T21:25:55.173. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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