Opening page…
Closed
- Listed price
- $1,250,000
- Listed Feb 1, 2024
- Sold price
- $1,135,000
- Sold Jun 3, 2024
7,520 sqft lot|1958 Built|40 MLS days on market
16237 Minnesota Ave, Paramount, CA 90723
Property Description
Welcome to a remarkable commercial property opportunity! This property, nestled in the heart of Paramount's thriving community, is a rare gem for investors and business owners looking to expand their horizons. Boasting a prime location with excellent visibility and accessibility, this versatile space can be tailored to your specific needs, whether for retail, office, or a unique combination of uses. What makes this opportunity even more enticing is that it's hitting the market for the first time in years, offering a fresh canvas for your creative vision. Paramount's robust economic growth and strategic location make it an appealing investment destination, and with the community's ongoing development, this property is poised for success. Close to local amenities, shops, restaurants, and transportation options, it's a hub of convenience for both customers and employees. Don't miss out on the chance to be a part of Paramount's growth story – seize this unparalleled opportunity today.
Listing agent: Jasmine GriffinDRE #02140137jasminegrif01@gmail.com, Listing office: Circle Real Estate
MLS data updated 10/22/2026, 2:29:24 PM PT
Source: CRMLSMLS #: PW24023969
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,135,000
Jun 3, 2024
Available records22024
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,135,000Closed sale · Jun 3, 2024ZIP 90723 · Jun 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsFeb 1, 2024 – Jun 3, 2024
ZIP 90723 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.