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15939 Illinois, Paramount, CA 90723
Priced at Only: $5,895,000
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Address: 15939 Illinois, Paramount, CA 90723
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  • MLS#: OC26029418 ( Industrial )
  • Street Address: 15939 Illinois
  • Viewed: 2
  • Price: $5,895,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2006
  • Bldg sqft: 0
  • Days On Market: 61
  • Additional Information
  • County: LOS ANGELES
  • City: Paramount
  • Zipcode: 90723
  • Provided by: Pacific Sotheby's Int'l Realty
  • Contact: David David
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    FOR SALE | Industrial Warehouse Paramount, CA | Value Add Opportunity Well maintained 15,176 SF industrial warehouse constructed with concrete tilt up design and featuring 24 clear height, a highly desirable attribute for modern industrial and manufacturing users. Built in 2006, the property is considered newer construction for the Paramount submarket and offers an efficient, functional warehouse layout. The property is zoned M 2 (Heavy Manufacturing), allowing for a wide range of industrial uses including manufacturing, distribution, and logistics. Located within a high demand Paramount logistics corridor, the site offers excellent access to I 710, SR 91, and other major Southern California transportation routes, providing efficient connectivity to the Ports of Los Angeles and Long Beach as well as the greater Los Angeles region. The property includes a fully fenced parking lot with 30 on site parking spaces, enhancing security and operational efficiency. The warehouse is equipped with 5 loading docks and 5 existing bathrooms, supporting multi shift operations and tenant functionality. The property is currently leased at below market in place rents, presenting a compelling value add opportunity through rent growth, lease rollover, or repositioning. Property Highlights 15,176 SF industrial warehouse, Concrete tilt up construction, 24 clear ceiling height, Built in 2006 (newer construction for the area), Zoned M 2 Heavy Manufacturing, High demand Paramount, CA logistics corridor, Excellent freeway access (I 710, SR 91) Fully fenced parking lot with 30 parking spaces, 5 loading docks, 5 existing bathrooms, Well maintained condition, Below market in place rents with upside potential
Features
Accountingtype
  1. Actual
Advertisingexpense
  1. 0.00
Assetclass
  1. Industrial
Building Area Total
  1. 15176.00
Building Expenses
  1. 0.00
Commoninterest
  1. None
Country
  1. US
Electric Expense
  1. 1574.00
Expense Year
  1. 2025
Industrialtype
  1. Manufacturing
  2. Warehouse/Distribution
  3. Warehouse/Office
Insurance Expense
  1. 4347.00
Laundry Features
  1. None
Otherexpense
  1. 2958.00
Parcel Number
  1. 7102013023
Professionalmanagementexpense
  1. 14365.00
Property Type
  1. Industrial
Residentmanagerexpense
  1. 0.00
Totalexpenses
  1. 106621.00
Trash Expense
  1. 4286.00
Vacancyallowance
  1. 15120
Water Sewer Expense
  1. 1657.00
Water Source
  1. Private
Year Built
  1. 2006
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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