This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

14725 Garfield Ave

8,001 SF Industrial Building Paramount, CA 90723 $2,650,000 ($331/SF)

Investment Highlights

  • Heavy Daytime Foot traffic
  • Large Lot/Building

Executive Summary

This commercial building houses M & M Corporation, established in 1982,which has been a machine shop manufacturing company that has survived the test of time serving the aerospace and military industries as will as commercial customers. Located in a prime industrial area in Paramount, this modern 8,000 square foot manufacturing facility situated upon a 13,818 square foot lot is a comprehensive facility that contains dedicated space for sales, offices, a spacious CNC equipment room ,engineering space, and a separate quality control area. Much of the machinery has been upgraded to manufacture precision parts at a very high-quality standard and is suitable for machining Exotic Metals and High Tamp Alloys. The machining of simple parts is accomplished through utilizing both conventional and numerical control equipment with a centralized computer programming system. The quality control program and manufacturing operations are in compliance with MIL-I-45208A. This tool and gauge control is calibrated and maintained in accordance with MIL-STD-45662. The business is fully prepared to execute jobs from procuring raw stock, to casting to manufacturing, to application of special processes(i.e.; welding and heat treating), and assembly. M&M Corporation is a 40-year-old thriving company with active contracts and staffed with machinists, assemblers, sales staff and technical personnel, ready for new owners to step in to grow the business even further over the next 40 years. The building and the business are both for sale but they are being sold under separate transactions. Both must be sold together. Price reflects purchase for both.( Seller will finance )seller is available to consult during transition for up to 90 days. Business info available upon signed NDA. Reach out to agent for NDA form. Call Dewey Jones for details.

Data Room Click Here to Access

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,650,000
Price Per SF $331
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Service
  • Industrial Manufacturing
  • Industrial Warehouse
  • Office Office Residential
Building Class B
Lot Size 0.32 AC
Rentable Building Area 8,001 SF
No. Stories 2
Year Built 2000
Tenancy Single
Parking Ratio 0.87/1,000 SF

Amenities

  • 24 Hour Access
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6241-023-046
Land Assessment
$172,186 (2024)
Improvements Assessment
$432,333 (2024)
Total Assessment
$604,519 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022

zoning

Zoning Code M1 (limited industrial zone)
M1 (limited industrial zone)
  • Listing ID: 29110300

  • Date on Market: 7/26/2023

  • Last Updated:

  • Address: 14725 Garfield Ave, Paramount, CA 90723

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}