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16200-16208 Garfield Ave
Paramount, CA 90723
Industrial Property For Sale
Investment Highlights
- Both (Two) tenants have both been long term occupants. Current leases are below average current fair market rent.
- Ground Level Loading: 3 Ground Level Doors
- Quick Access to the 91, 710, 405, and 605 Freeways Provides Ready Access to the Heart of Southern California’s Industrial Market
- Rare Hard to Find 3 Unit Industrial Building with a Fenced and Paved Yard
- Strategically Located Property in the City of Paramount Near the Ports of Long Beach and Los Angeles
- The Industrial Real Estate Market has a 0.4% Record Low Vacancy Rate. Projected Long Term Strong Upward Pressure on Lease Rates and Sale Prices.
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1965 |
| Building Class | B | Parking Ratio | 0.63/1,000 SF |
| Lot Size | 0.56 AC | Clear Ceiling Height | 18’ |
| Rentable Building Area | 15,892 SF | No. Drive In / Grade-Level Doors | 3 |
| Zoning | PAM1* - Light Manufacturing | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.56 AC |
| Rentable Building Area | 15,892 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 0.63/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | PAM1* - Light Manufacturing |
Amenities
- Yard
Property Taxes
| Parcel Number | 7102-019-033 | Improvements Assessment | $1,395,488 |
| Land Assessment | $2,653,020 | Total Assessment | $4,048,508 |
Property Taxes
Parcel Number
7102-019-033
Land Assessment
$2,653,020
Improvements Assessment
$1,395,488
Total Assessment
$4,048,508
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