Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

3,854 sqft

Lot size

4,227 sqft

Year built

1982

Stories

1

Heating

Central

Status

Active

Days on market

8

MLS #

247572173

About this property

An exceptional opportunity to acquire a well-maintained two-story commercial office building prominently located along Paramount Boulevard, one of Downey's major thoroughfares. The property has been extensively improved and thoughtfully designed to provide a professional and welcoming working environment. Since acquiring the building in 2006, the ownership invested significantly in the interior improvements, including wood flooring, custom built-in cabinetry and office furnishings, private offices, work areas, restroom facilities, windows, and numerous additional enhancements throughout the building. The first and second floors offer a functional combination of private offices, individual workspaces, and collaborative areas, complemented by abundant natural light. Built-in cabinetry and office features provide added convenience and create an environment that may allow a new owner or tenant to transition into the property with minimal disruption.Separate restroom facilities for men and women further enhance the functionality of the building. One of the property's distinctive features is its beautifully landscaped rear garden area. Mature landscaping and natural surroundings create a peaceful outdoor setting that is rarely found in a commercial office environmentan ideal space for employees, clients, breaks, or informal meetings. The property also offers convenient on-site parking for approximately 15 vehicles, an important advantage for employees and visitors. Currently tenant-occupied, this property may appeal to investors seeking an income-producing commercial asset as well as future owner-users looking for a professionally improved building in the City of Downey. With its Paramount Boulevard frontage, natural light, functional two-story office configuration, extensive improvements, attractive landscaping, and convenient parking, 10535 Paramount Blvd presents a unique opportunity in the Downey commercial market.Professional. Functional. Welcoming. A commercial property designed for business while offering an environment people can enjoy working in.

Location

10535 Paramount Boulevard

Downey, Los Angeles, CA, 90241