Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1973
Sq.Footage
N/A
The subject property is a 3-story office building located at 16660 Paramount Blvd. in the city of Paramount, CA. The property is a ±45,900 SF off-campus medical office property situated on ±1.67 acres of land. The building was built in 1973 and is currently 100% occupied by a mix of medical and office-oriented tenants with a master lease in place with Kinder Healthcare until March of 2026. This property is located only a block to the south of Paramount City Hall on Paramount Blvd, and is part of the Central Business District Area 1. Paramount Blvd. is a busy north-south arterial with approximately 25,670 VPD (DOT 2017). The property is also only ½ mile north of the 91 Freeway providing great freeway access. The site is rectangular in shape with approximately 340’ of frontage along Paramount Blvd. and approximately 214’ of frontage along E. 70th Street. There are 107 parking spaces in a striped surface parking lot providing a parking ratio of 2.33 parking spaces per 1,000 SF. The roof type is flat built-up composition and it was recently replaced in December of 2020 (15-year warranty). Additionally, there are two elevators to serve this building. This property is located in an ideal location for any company serving the Los Angeles and Orange County market area and is priced competitively for either an owner/user, an investor, or a developer who would want to redevelop the site.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Features
Corner Lot, Level, Near Public Transit, Paved, Rectangular Lot
-
Lot Size(acres)
1.671
-
Property Type
Commercial Sale
-
Property Sub Type
Office
Price
-
Sales Price
$5,800,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Matthew Wenzel , Marcus & Millichap
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

FOUNDER
LinaMirza
Call Lina today to schedule a private showing.

* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
