Kidder Mathews is pleased to present an excellent redevelopment opportunity for 0.47 acres of land (20,687 SF) in Paramount, next to the bustling intersection of Rosecrans Avenue and Downey Avenue. The site currently has a complete set of plans for a new 5,874 SF, five-suite commercial or medical building. This opportunity can be leveraged with 90% financing through an SBA 504 loan at 5.75% fixed interest rates (see attachment for details). The loan covers 90% of the purchase price and construction costs (hard and soft costs) through this SBA program for owner-users. This opportunity presents an excellent range of development options, including dental, medical office, or retail for owner-users, with excellent leverage. Additionally, an investor could benefit from this block-to-block opportunity, located next to a built-in consumer base across the street from Paramount High School. As a speculative investment, this property lends itself to a triple-net investment opportunity, such as a drive-through service, multi-tenant strip center, or medical uses. The property has excellent access to serve the needs of over 520,000 residents within a 5-mile trade radius and is within walking distance of Paramount High School, which serves over 4,700 students. The property is designated as PAR1YY and labeled as “PD-PS” (Planned Development with Performance Standards, ch. 17.72), offering a wide array of development possibilities, including mixed-use development.