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Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL23670 Hawthorne Blvd.,Suite 100Torrance, CA 90505
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
OFFERING SUMMARY
SALE PRICE: $965,000
PRICE/SF: $234.34
BUILDING SIZE: 4,118 SF
LOT SIZE: 16,570 SF (0.38 AC)
YEAR BUILT: 1962
ZONING: C-3
PROPERTY OVERVIEWKeller Williams South Bay is pleased to exclusively offer an owner-user opportunityat 7117-7121 Somerset Boulevard in Paramount, CA. The sale consist of threeparcels zoned C-3 with a total building size of ±4,118 SF on a ±16,570 SF lot.Currently being used as an Auto Repair shop on a high traffic location and closeproximity to freeway access from the 710 and 105 Freeways.
Paramount is a city located in the Southeast Submarket of Los Angeles County,California. The city encompasses 4.8 square miles and is approximately 16 milessoutheast from Downtown Los Angeles. Paramount is bordered by South Gate andDowney to the north, Bellflower to the east, Long Beach to the south and Lynwoodto the west.
PROPERTY HIGHLIGHTS
• NEW PRICE REDUCTION!
• Ideal for Owner-User or Investment Opportunity
• Convenient Freeway Access
• Gated/Secured Parking
• Located on Major Thoroughfare: Somerset Boulevard
Paramount, CA 90723
7117-7121 SOMERSET BOULEVARD
RETAIL FOR SALE
J.R. RIGORDirector - Investment Sales O: [email protected] CalDRE: 01930337
KRISTI YAMAMOTO RealtorC: 310.941.5050 [email protected] CalDRE: 02045287
http://www.kwcommercial.com
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL23670 Hawthorne Blvd.,Suite 100Torrance, CA 90505
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
Paramount, CA 90723
7117-7121 SOMERSET BOULEVARD
RETAIL FOR SALE
J.R. RIGORDirector - Investment Sales O: [email protected] CalDRE: 01930337
KRISTI YAMAMOTO RealtorC: 310.941.5050 [email protected] CalDRE: 02045287
http://www.kwcommercial.com
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL23670 Hawthorne Blvd.,Suite 100Torrance, CA 90505
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
Paramount, CA 90723
7117-7121 SOMERSET BOULEVARD
RETAIL FOR SALE
J.R. RIGORDirector - Investment Sales O: [email protected] CalDRE: 01930337
KRISTI YAMAMOTO RealtorC: 310.941.5050 [email protected] CalDRE: 02045287
http://www.kwcommercial.com
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL23670 Hawthorne Blvd.,Suite 100Torrance, CA 90505
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
Paramount, CA 90723
7117-7121 SOMERSET BOULEVARD
RETAIL FOR SALE
J.R. RIGORDirector - Investment Sales O: [email protected] CalDRE: 01930337
KRISTI YAMAMOTO RealtorC: 310.941.5050 [email protected] CalDRE: 02045287
http://www.kwcommercial.com
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL23670 Hawthorne Blvd.,Suite 100Torrance, CA 90505
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
Paramount, CA 90723
7117-7121 SOMERSET BOULEVARD
RETAIL FOR SALE
J.R. RIGORDirector - Investment Sales O: [email protected] CalDRE: 01930337
KRISTI YAMAMOTO RealtorC: 310.941.5050 [email protected] CalDRE: 02045287
http://www.kwcommercial.com
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL23670 Hawthorne Blvd.,Suite 100Torrance, CA 90505
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
POPULATION 1 MILE 2 MILES 3 MILES
Total population 30,731 141,721 319,278
Median age 27.7 28.2 28.8
Median age (male) 26.5 27.5 27.6
Median age (Female) 28.9 28.9 30.0
HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES
Total households 7,527 35,598 83,252
# of persons per HH 4.1 4.0 3.8
Average HH income $48,123 $53,739 $55,709
Average house value $294,012 $341,086 $368,138
ETHNICITY (%) 1 MILE 2 MILES 3 MILES
Hispanic 81.9% 75.2% 70.1%
RACE (%)
White 31.7% 35.7% 35.2%
Black 10.7% 14.4% 15.3%
Asian 1.3% 3.1% 5.0%
Hawaiian 1.0% 0.7% 0.7%
American Indian 0.8% 0.5% 0.5%
Other 52.6% 42.8% 40.3%
* Demographic data derived from 2010 US Census
Paramount, CA 90723
7117-7121 SOMERSET BOULEVARD
RETAIL FOR SALE
J.R. RIGORDirector - Investment Sales O: [email protected] CalDRE: 01930337
KRISTI YAMAMOTO RealtorC: 310.941.5050 [email protected] CalDRE: 02045287
http://www.kwcommercial.com