5243 Paramount Blvd, Lakewood, CA 90712
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5243 Paramount Blvd Lakewood, CA 90712

$400,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$400,000 Get Pre-Qualified

Map preview of 5243 Paramount Blvd, Lakewood, CA 90712

Property Overview: 5243 Paramount Blvd Lakewood, CA has -- bedrooms, -- bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: R-Kitchen was put in operation in 2015. Serving Soul Food to the community local and afar. R-Kitchen has had many celebrities and sports figures visit. With its location close enough to get regular visits from Compton, Carson, Long Beach, and of course Lakewood, where the store is located. Most guest take their food to go. There is small space for in store dining. Sale of business comes with all equipment, standing inventory, 1 to 3 Months of onsite training. Important to understand is owner/operator goes out to local shops to purchase the food served at R-Kitchen, maintaining the consistency of the food served at R-Kitchen. Generating $325,000 Net Income. Please call with questions and if interested, let us know. We are here to assist you in YOUR PURCHASE OF THIS WELL ESTABLISHED RESTAURANT!!!! Monthly Gross $45,000+/-:: Monthly Expenses $18,000+/-.. this does not include Catering Revenue additional $2,000 +/- Month ... Holidays NOV & DEC = $20,000+/- .. store closed on Tuesday. Owner willing to stay on for 90 days to train new owner.. Great Opportunity to Franchise to Cater to a Under Served Market.. SOUL FOOD...Most Orders Come In by Phone for Carry Out.. Grow Business with Delivery Set Up Grub Hub, DoorDash, Uber Eats, Postmates, Etc

Listed by Tony DeSmet | BRE #01069124 | Long Beach Real Estate
Co-listed by Brent James | BRE #01441778 | Realty One Group West
Last checked: 3 minutes ago | Last updated: March 24th, 2024 | Source CRMLS | DOM: 58
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Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Business
Status
Active
MLS#
PW24042443
City
Lakewood
County
Los Angeles
Time on Site
69 days

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Property Details for 5243 Paramount Blvd

Lot Details / Garage and Parking
Property Information
  • Parcel Number: 7157019007
Location / Neighborhood
Location Information
  • Directions: Take Paramount Blvd to Candlewood Ave. Site in South West Shopping Center
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Sale History for 5243 Paramount Blvd

Last sold for $1,969,500 on June 28th, 2019
  • March, 2024

  • Mar 2, 2024

    Date

    Active

    CRMLS: PW24042443

    $600,000

    Price

  • June, 2019

  • Jun 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,969,500

    Price

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Tax History for 5243 Paramount Blvd

Assessed Value (2020): $3,757,779
Year Land Value Improved Value Assessed Value
2020 $2,722,246 $1,035,533 $3,757,779

Home Value Compared to the Market

This property vs the competition

5243 Paramount Blvd is listed 52.94% lower than the median list price for the city of Lakewood which has a median list price of $849,999.

About 5243 Paramount Blvd

Detailed summary of property

5243 Paramount Blvd is a business located in Lakewood, CA 90712 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 5243 Paramount Blvd was first listed on ArdentRealEstateGroup.com on March 2, 2024. The homeowner is currently asking $400,000 and was originally asking $600,000. The median priced home in Lakewood is $849,999 with a median price per square foot of $661. Based on Ardent Real Estate Group's Lakewood Market Data, this home is listed 52.94% lower than the median priced home. Local competing homes currently for sale include 1400 S western Ave, 10585 Slater Ave #4A and 2525 Lincoln. While the average home in Lakewood, CA is selling in 32 days, 5243 Paramount Blvd has a days on market of 58 days. There are currently 95 homes for sale in the Lakewood real estate market and 90 of them are single family homes while 3 of them are condos and 2 are townhomes. For more information on this home for sale at 5243 Paramount Blvd Lakewood, CA 90712 contact Ardent Real Estate Group and we will put you in touch with one of our Lakewood agents.

Public Facts for 5243 Paramount Blvd

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
23,088
Lot Size
69,652
Stories
1
Type
Store/Office (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
7157-019-007

The source for these homes facts are from public records.

90712 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$880,000
Median List Price/Sq.Ft.
$635
Median Sold Price
$880,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
49
Median Sale to List Price %
103.71%
Avg Days on Market
18
Loan Type
Conventional (50%), FHA (18.75%), VA (6.25%), Cash (12.5%), Other (12.5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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, 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.