Paramount, CA 90723,14361 Garfield AVE
$4,000,000
$4,200,000
4.8%
Est.Price: ?

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0.94 Acres Lot

14361 Garfield AVE Paramount, CA 90723

Est. payment /mo
SOLD DATE : 05/13/2021

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Key Details

Sold Price $4,000,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW20122894

Sold Date 05/13/21

HOA Y/N No

Year Built 1978

Lot Size 0.935 Acres

Property Description

Realty Group Advisors is pleased to offer to qualified investors or owner-users an opportunity to purchase a multi-tenant industrial investment in the city of Paramount, currently leased by multiple tenants on Month-To-Month lease terms, which would enable an Owner-User to occupy the asset. The property consists of +/- 22,326 square feet of building improvements on +/-40,752 square feet (0.93 acres) of land.

The subject is a clear span multi-tenant warehouse and has no pillars or posts while featuring fluorescent lighting from the many skylights within the warehouse. The subject offers 7,300 square feet of office space, there is a fully functioning kitchen and 5 private restrooms for Men and Women. The subject includes easy access roll-up doors, gate and secure yard. (1981 build; Renov 1986).

The investment offers the opportunity to capitalize on positive market conditions to acquire an asset located within the South Bay. The South Bay submarket in Los Angeles County is one of the strongest industrial submarkets in the United States. (High barriers to entry, given the lack of available industrial assets and, or developable industrial land).

Location

State CA

County Los Angeles

Area Rk - Paramount South Of Somerset

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Building

Lot Description 0-1 Unit/Acre, Paved

Water Public

Others

Tax ID 6241020064

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Reyes Mejia • Realty Group Advisors
Bought with General NONMEMBER • NONMEMBER MRML

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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