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10800 Paramount Blvd
Downey, CA 90241
Downey Medical Center · Office Property For Sale

Investment Highlights

  • High Quality Medical Office Building
  • Long Term Tenants
  • Four-Story Building Elevator Serviced
  • COVID-19 Proof Investment: All Tenants Have Continued To Pay Rent Through August
  • Synergistic Tenant Mix
  • Ideal Location Within 3-Mile Radius of 8 Hospitals

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
33,674 SF
Building Class
B
Year Built
1967
Percent Leased
91%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
8,419 SF
Slab To Slab
10’
Building FAR
0.59
Lot Size
1.31 AC
Zoning
CP - Commercial
Parking
124 Spaces (3.68 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Security System
  • Signage
  • Wheelchair Accessible

About 10800 PARAMOUNT BLVD , DOWNEY, CA 90241

Downey Medical Center (DMC) in Downey, CA. DMC is a +/-33,783 SF medical office building located a major north-south artery in the city of Downey, CA. DMC is nearly a recession proof investment, offering stable cash flow with long standing tenants at below market rents in a submarket with no vacancy for medical office buildings of its class. DMC is located less than one mile to PIH Hospital, with Kaiser Permanente and CareMore Medical Group. Abundant retail and restaurant amenities are located nearby are nearby along Firestone Blvd, which has a walk score of 87. COVID-19 Proof Investment: All tenants have continued to pay rent through August.

Property Taxes

Property Taxes

Parcel Number
6251-037-017
Land Assessment
$607,740
Improvements Assessment
$2,355,716
Total Assessment
$2,963,456
  • Listing ID: 17979402

  • Date on Market: 12/16/2019

  • Last Updated:

  • Address: 10800 Paramount Blvd, Downey, CA 90241

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