15345-15347 Garfield Ave - Manufacturing FOR SALE


Paramount, CA 90723
$3,300,000 USD
562-269-4844
15345-15347 Garfield Ave, Paramount, CA for Sale
$3,300,000 USD
Manufacturing - FOR SALE
1/14
null | Request Cap Rate

15345-15347 Garfield Ave
Paramount, CA 90723


HIGHLIGHTS

  • IMMEDIATE INCOME WITH UPSIDE POTENTIAL
  • STRONG IN-PLACE TENANCY
  • M-2 ZONING FLEXIBILITY
  • RARE TWO-UNIT INDUSTRIAL CONDO
  • FUNCTIONAL INDUSTRIAL LAYOUT
  • FREEWAY PROXIMITY AND REGIONAL ACCESS

OVERVIEW

15345-15347 Garfield Ave is a 14,250 SF industrial property located in the heart of Paramount, CA, a strategic infill location within the Southeast Los Angeles County submarket. Situated on a 20,329 SF lot, this two-unit asset provides a rare opportunity for either owner-users or investors to capitalize on strong existing cash flow with upside to market. Built in 1965, the property benefits from functional industrial features and a cost-efficient basis, currently priced at $3,300,000 or $231.58 per net rentable square foot. The current CAP rate of 4.72% offers immediate yield, with potential to grow to a market CAP of 5.33% as soon as October, 2025. Positioned near key arterials and regional distribution corridors, the property provides excellent last-mile connectivity across Greater Los Angeles. With limited small bay industrial products available in the Paramount area, 15345-15347 Garfield Ave presents a compelling opportunity to acquire a well-located, cash-flowing industrial property with future appreciation potential in a tight supply environment.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$232 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

Water - City, Sewer - City, Heating

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.47

LAND SF

20,329

ZONING

PAM2*

APN/PARCEL ID

6240-009-079

ASK ABOUT THIS PROPERTY

Thibault WeberCentennial AdvisersMore Info
562-269-4844

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Thibault WeberCentennial AdvisersMore Info
562-269-4844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.