Property photo 1
15,176 sqft

$4,500,000

15939 Illinois, Paramount CA, 90723

Price per sqft$296.52
Built in2006
Property size15,176 sqft
Property typeCommercial
Bought with David Biehler with Pacific Sotheby's Int'l Realty and Listed by David Biehler CA DRE# 01030261 with Pacific Sotheby's Int'l Realty 714-747-3949

Overview

Sold

Closed

Listed Feb 9, 2026

Updated 1h ago

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

Additional information

MLS® ID
OC26029418

Interior Features

Basement
No

Exterior Features

Lot Size
0.73 Acres

Other Property Details

Maintenance Expense
$5,020
MLS provider logo

Bought with David Biehler with Pacific Sotheby's Int'l Realty and Listed by David Biehler CA DRE# 01030261 with Pacific Sotheby's Int'l Realty 714-747-3949

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/7/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/7/2026 at 8:56 PM UTC Last Checked: 8:56 PM UTC

 

 

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