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Paramount, CA

$4,999,000

15939 Illinois, Paramount, CA
2006
Built
153
Days listed

About this home

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

Facts & features

Interior
Laundry
None
Exterior & lot
Lot size
0.732 acres (31,867 sq ft)
Year built
2006
Community
Area
RL - Paramount North of Somerset
County
Los Angeles
Listing details
Status
Active
Property type
Industrial
Days on market
153
Listed
2026-02-09
Original price
$5,895,000
Parcel #
7102013023
MLS #
OC26029418
Listed by
David Biehler · Pacific Sotheby's Int'l Realty

Location

Price history

Listed
$5,895,000 · 2026-02-09
Price reduced
$4,999,000 (−$896,000)
Days on market
153
Current price
$4,999,000
Financing

Could this home be yours?

Estimated monthly payment
$31,360
$25,278 principal & interest · $6,082 taxes & insurance
$999,800
Estimate only
Loan $3,999,200

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Listing data provided by CRMLS

Listing courtesy of Pacific Sotheby's Int'l Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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