PRICE REDUCED!!!! Great news for investor buyers: an extraordinary opportunity to own or invest in this commercial property. The property has not been on the market for 40 years. It offers substantial rentable space and has significant potential for growth. A substantial long-term tenant has been there for over 20 years; It includes a newly negotiated contract with a cell tower company for a 35-year leaseexcellent access to 91, 605, 710, and 105 freeways. The total monthly rental income from the tenant and cell tower lease is $7123.00. MUST SEE, DON'T MISS THIS OPPORTUNITY!!!!!
MLS# | AR24219008 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Year | 1972 |
Days On Site | 185 |
Listing Provided By | Century 21 Ludecke Inc. 626-445-0123 | Marcia La |
SQ Feet | 5,964 |
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Story(s) | 1 |
Building(s) | 1 |
Zoning | Pam2* |
Acreage | 0.44 |
State | CA |
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County | Los Angeles |
City | Paramount |
Zip Code | 90723 |
Area | 699 Not Defined |
Listing VS Median (in 90723) | |
Price: $1,999,888 low | high Med: $519,500 SqFt: 5,964 low | high Med: 962 $ / SqFt: $335 low | high Med: $540 On site: 185 low | high Med: 75.000000 |