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12151 Paramount BoulevardDowney, CA 90242Price: $1,295,000

  • Price: $1,295,000
  • 93 Days on Market
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Federal 30-year interest rate: 2.93% last updated on Jun 17, 2021
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  • $1,295,000List Price
  • 0.17Acreage

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Listed by Michael Rains and Joe Ranieri of RE/MAX TerraSol
Commercial property with retail and office space located on a busy street with 50 ft frontage to Paramount Blvd, fully occupied. One tenant on a 3 year lease and other two tenants are month to month. Rents have not been increased in years. Proforma rents should be a total of $6400 per month with buyer to verify all rental information. Parking is in the rear with additional street parking in front. Close to Downey High School. Gallagher Hair salon has been a tenant for nearly 40 years. Upstairs offices are approximately 5 offices with a conference room leased to a Real Estate company. Newest tenant on 3 year lease is a well established baking supply company with several other locations. To be sold AS IS

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 "Based on information submitted to CA_CRMLS as of June 23, 2021 3:02 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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