Under Contract
Property Details
Address
14307 Orange Ave, Paramount, CA 90723
Price
$1,200,000
# of Units
2
Status
Under Contract
Building Size
4,136 SF
Price/Unit
$600,000
CAP Rate
4.6%
Year Built
1972
GRM
21.73
Type
Retail
Lot Size
13,324 SF
Price/SF
$290
Property Information
Long time owners! First time on the market since 1984!! Signalized corner property with convenient parking in the front. This property consists of 2 Commercial/Retail units. Currently 100% occupied (Both units occupied by same tenant). 2 way ingress/egress. Excellent street exposure (Corner of Orange Ave and Rosecrans Ave). Over 38,000 cars per day. Centrally located with easy access to 710 FWY, 105 FWY, 91 FWY.
Rent Roll and Options:
NNN Lease
Tenant responsible for: Property Tax, Insurance, CAM, Electricity, Gas, Water, Trash.
Capital Improvements:
1) Roof was redone in 2023 ($49,800)
2) Parking lot redone in 2022 ($14,500)
