9901 Paramount BlvdDowney, CA 90240

Property Details for 9901 Paramount Blvd

Year built

1965

Construction

TILT-UP CONCRETE

Lot size

2.31 AC

Property size (Sq ft)

52,700 SF

Zone code

DOC4-P*

Property type

Investment properties

Property subtype

Retail residential properties

APN

6360-010-011

APU

6360010011

Description

This exceptional 400-square-foot executive office suite in Downey, California, is available for sublease. Located at 9901 Paramount Blvd #145, this single-tenant space is perfect for a small business or professional needing a well-appointed office. The suite is situated within a two-building, single-story complex conveniently located near Suva Street and zoned for commercial use. The space includes a shared waiting area, perfect for client meetings, and features a large window ideal for branding. The lease, currently extending until May 2026, includes access to a shared bathroom, ample parking, and 24-hour access to the secure building. Building amenities also include air conditioning (managed by the building). Cleaning services are included in the lease. The space is versatile and suitable for various professional uses, including beauty services. This is a fantastic opportunity to secure a well-maintained, conveniently located office space in a thriving Downey business district. The zip code is 90240.

• CAP approach

  CAP return

  Valuation

  6%

  $18,773,596

  6.5%

  $17,329,474

  7%

  $16,091,654

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,533,220

  Geo Method

  $15,533,220

• Alternative Use

  Use

  Valuation

  Residential

  $17,329,474

  Hospitality

  $15,873,705

  Educational

  $13,206,736

  Medical

  $13,660,936

  Retail

  $20,543,812

Location Insight

City

Downey

County

Los Angeles

State

California

Latitude

33.9556

Longitude

-118.129

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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