15345 GARFIELD AVE Paramount CA 90723-4021

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.

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