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Millman Team Real Estate

$4,999,000
0.73 Acre Lot

15939 Illinois, Paramount, California 90723

  • Commercial Sale Property Type
  • 2006 Year Built
Property 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

Basic Details
Commercial Sale
For Sale
OC26029418
$4,999,000
2006
0.73 Acre
Active
Industrial
Features
: None
$0
Address Map
CA
Los Angeles
Paramount
90723
Illinois
15939
W119° 50' 3.3''
N33° 53' 16.5''
Garfield/Alondra
RL - Paramount North of Somerset
Additional Information
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15176
Cabinets, Other, Warehouse
1
2026-02-09
5499000
1
: Private
Broker/Agent Information
Pacific Sotheby's Int'l Realty
David Biehler
Listing Information
Sean Stanfield
hstanfse
OC07359
Pacific Sotheby's Int'l Realty
SBIEHDAV
OC07359
Active
2026-07-12T15:56:56Z
CRMLS
: Standard
2026-02-09T11:24:27Z
Agent info
Ray Millman
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