14725 Garfield Ave
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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
Amenities
- 24 Hour Access
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
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PROPERTY TAXES
Parcel Number | 6241-023-046 | Total Assessment | $604,519 (2024) |
Land Assessment | $172,186 (2024) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $432,333 (2024) | Tax Year | 2022 |
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) |
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14725 Garfield Ave
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