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Don’t miss this rare opportunity to have your business in a high-traffic area with great corner visibility near the busy intersection of Paramount and Alondra Blvds. This property’s location and zoning will allow for plentiful commercial and retail options. This is perfect for almost any kind of commercial or retail business! The building is 1,680 sf and the lot is 7,504 sf. There has recently been a great deal of new growth in the area, as there have been many new businesses established as well as building renovations nearby. Just around the corner is historic downtown Paramount. Nearby newer neighbors include Starbucks, The Habit, Chipotle, Waba Grill and much more. Adjacent to the property is a shopping center with a bank and many other businesses. The sale of this property includes the land as well as the building, and an 8-space parking lot. The old historic building needs some TLC and/or renovations or perhaps even a complete redo. There is a large part of the property that is undeveloped which could be used for expansion of the original building, another structure or perhaps a covered area with tables. This would be a great location for a small drive-through eatery or restaurant. The building includes a large open bar area, two bathrooms, a storage room, an office and a large walk-in refrigerator. There is no kitchen in the building, but plenty of room on the lot to expand. The lot is flat and rectangular. It is currently operating part-time as a beer bar. If you’ve ever wanted you own bar, here’s an amazing opportunity to make your dreams a reality. This old retro tavern bar has been in existence since 1937! Whatever plans you have for your business, be sure to take a look at this prime ready location. Your new business awaits!
Listing agent: Kristina Sanders DRE #02106110 kristinasanders@hotmail.com, Listing office: Signature Real Estate Group
MLS data updated 10/20/2026, 2:16:21 PM PT
Source: CRMLS, MLS #: SW22051032
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 30, 2022
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
$730,000Closed sale · Jun 30, 2022ZIP 90723 · Jun 2022
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.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.
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.