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7200-7240 Adams St & Texaco Ave 25,720 SF Industrial Building Paramount, CA 90723 $7,175,000 ($278.97/SF)
Investment Highlights
- Newly Constructed 800+ SF Office Space and 3 Bathrooms
- 8 Drive In Bays
- Fully Fenced & Paved Yard
- 3 offices plus flex room/common area, 3 bathrooms with direct access from warehouse
- 18' Clearance Height, M2 Zoning
Executive Summary
Building 1 - 7200-7244 Adams Street, Paramount, CA 90723: 34% Leased and tenant occupied at $1.60/sqft/month gross with 4% escalations per year ending January 15, 2028. Tenant has their own yard and does not have access to the shared yard. Building 2 - 15330 Texaco Ave, Paramount CA 90723 is owner occupied. Owner may require additional time to complete a 1031 exchange, unless the seller can close quickly.
Property Facts
| Price | $7,175,000 | Rentable Building Area | 25,720 SF |
| Price Per SF | $278.97 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1964 |
| Sale Condition | 1031 Exchange | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.66/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 0.98 AC | ||
| Zoning | M2, Paramount - M2, Heavy Manufacturing, Distribution | ||
| Price | $7,175,000 |
| Price Per SF | $278.97 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.98 AC |
| Rentable Building Area | 25,720 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Tenancy | Single |
| Parking Ratio | 0.66/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | M2, Paramount - M2, Heavy Manufacturing, Distribution |
Amenities
- Signage
1 1
Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Number | 6240-009-053 | Improvements Assessment | $2,882,240 |
| Land Assessment | $5,306,040 | Total Assessment | $8,188,280 |
Property Taxes
Parcel Number
6240-009-053
Land Assessment
$5,306,040
Improvements Assessment
$2,882,240
Total Assessment
$8,188,280
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7200-7240 Adams St & Texaco Ave
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