SOLD 11/02/2023
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Commercial sold for $1,225,000 in 102 days
13206 Paramount Blvd South Gate, CA, 90280
Off the market Other
Mixed-Use Investment Opportunity - 2 Retail Stores + 6 Apartment Units | 10.30% Pro-Forma Cap Rate & 6.74 Pro-Forma GRM | 5.87% Current Cap Rate & 9.85 Current GRM | 6,088-SF of Rentable SF* on a Large 11,016-SF Lot | Value-Add Investment - Opportunity for Investor to Lease Retails Spaces to New Tenants at Market Rate | Most Units Contain Individual Hot Water Heaters & Washer/Dryer Hook-Ups | Apartment Units Comprised of (Two) 3-Bedroom/1-Bathroom Units, (Three) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Units | No Local Rent Control - Defaults to AB 1482 | Retail Stores Consists of 1,338 SF | Located on a Major Thoroughfare of South Gate | Great Frontage for Retail Stores on Paramount Boulevard | High Visibility & Heavily Trafficked - Over 33,840 Vehicles Per Day
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Property details
6,088 sqft interior area
Land area
11,016 sqft (0.25 acres)
Address
13206 Paramount Blvd, South Gate, CA, 90280
City of California
South Gate
County
Los Angeles
Year Built
1959
District
Paramount North Of Somerset
Nearby major retailers
Costco
Walmart Supercenter
ALDI
T-Mobile
Albertsons
Walmart Neighborhood Market
Aldi
Wholesale: 2
Supermarket: 11
Mobile phone: 4
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Interior Features
—
Garage & Parking
Other, Uncovered Parking Space
Listed by
Jonathan Nikfarjam, Shield CRE, Inc.
Name
Jonathan Nikfarjam
License number
01856803
Brokerage company
Shield CRE, Inc.
MLS #
CL23293805
Buyer agent
Name
Jonathan Nikfarjam
Brokerage company
Shield CRE, Inc.
Payment calculator
Calculate your monthly payments
Mortgage
$3,762
Taxes
$0
HOA dues
$0
Mortgage
$245,000 / 20%
2.28%
30 years
Your amount
$3,762 / month
Lot details
TMK #6264006004
Parcel nr.
6264006004
90280 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90280
51%
Families with children
National average: 39%
20%
Non family households
746,227
Population
$67,923
Average Income
Age & gender
Median age 32 years
More info
Commute types
89% commute by car
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Education level
30% have not graduated education
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Number of employees
2% work in education and healthcare
More info
Vehicles available
34% have 2 vehicle
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Vehicles by gender
34% have 2 vehicle
More info
Housing market insights for
$723.94k
Neighborhood average
sales price*
sales price*
$710k
Neighborhood median
sales price*
sales price*
356
Number
of sales*
of sales*
Housing type
53% are single detacheds
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Rooms
50% of the houses have 4 or 5 rooms
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Bedrooms
68% have 2 or 3 bedrooms
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Owners vs Renters
56% are renters
More info
16.67 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Nov 2, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 2, 2023 | Sold | $1,225,000 | 0 | Public Record |
| Nov 2, 2023 | Price Decrease | $1,225,000 -5.41% | 0 | MLS #CL23293805 |
| Jul 24, 2023 | New Listing | $1,295,000 | 0 | MLS #CL23293805 |
Taxes of 13206 Paramount Blvd, South Gate, CA, 90280
SGC3 zoning / MLS #CL23293805
Zoning
SGC3
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Frequently Asked Questions about 13206 Paramount Blvd
What is 13206 Paramount Blvd?
13206 Paramount Blvd is a Commercial/Industrial propertywith 6,088 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
13206 Paramount Blvd, South Gate, CA, 90280.
What comparable properties are nearby?
Comparable nearby commercial properties include 4616 Firestone Blvd, 4433 Firestone Blvd, 2600 Nebraska Ave, 8141 Chestnut Ave, 8160 Seville Ave, 11050 Atlantic Ave.
Based on information from the bridgeMLS as of 05-15-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Nov 03, 2023
Verhouse Last checked 3 minutes ago
The closest grocery stores are Food 4 Less, 1.03 miles away and Walmart Neighborhood Market, 1.09 miles away.
The 90280 zip area has a population of 746,227, and 51% of the families have children. The median age is 32.61 years and 89% commute by car. The most popular housing type is "single detached" and 56% is renter.
