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12115 Paramount Blvd
Downey, CA 90242

Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1958/2008
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,000 SF
Building FAR
0.47
Lot Size
0.20 AC
Zoning
C4, Downey
Parking
18 Spaces (4.5 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Signage
  • Kitchen
  • Reception
  • Drop Ceiling
  • Air Conditioning

About 12115 Paramount Blvd , Downey, CA 90242

Due to its medical certificate of occupancy and zoning, this property is seen as a rare and valuable acquisition opportunity for an owner/user or investor looking for an asset with long-term revenue potential, given the high volume of commercial advancement in the surrounding area. There are numerous highly leveraged loan products available to an Owner-user looking to stable their occupancy costs in the long-run. If a Buyer occupies at least 51% of the square footage, they may obtain a 90% loan with SBA financing. Additionally, the office is situated on a 8,517 SF lot boasting 18 parking spots and 4.5 parking ratio with alley access. The office is currently furnished for medical uses fitted with 4 exam rooms, X-ray room with leaded walls, treatment areas, reception area, and two restrooms.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6246-008-006
Land Assessment
$636,724
Improvements Assessment
$742,845
Total Assessment
$1,379,569
  • Listing ID: 14974506

  • Date on Market: 1/24/2019

  • Last Updated:

  • Address: 12115 Paramount Blvd, Downey, CA 90242

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