FOR SALE
12848 Paramount Blvd, Downey, CA 90242
12-Unit Multi-Tenant Leased Opportunity with Residential Redevelopment Potential
Property Summary
Investment Highlights
- Building Area ±7,530 SF
- Asking Price $1,450,000
- Asking Price/SF $197
- Current Gross Income $118,776
- Operating Expense $38,629
- NET Operating Income $87,347
- Current Occupancy 81%
- Units 12 individual Storefront Units
- Parking 39 striped parking spaces
Los Amigos Plaza is a well-maintained retail and office center located in the southern part of Downey, California. The property consists of 12 units. Features include individual storefront entrances, roof-mounted HVAC systems, prominent building signage, open floor plans, private restrooms, and dedicated storage areas. Currently, two adjacent units are available for immediate occupancy. A connecting doorway between the suites allows for flexible use—either as a single combined space or as two separate units, depending on the owner’s preference. The availability presents a compelling opportunity for an owner-user or investor to secure space in a highly visible, established center.
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