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 Suites commercial or medical building. This opportunity can you leverage with 90% with an SBA 504 loan at 5.75% fixed interest rates, see attachment for details. 90% of the purchase price and construction costs (hard and soft costs) through this SBA program for Owner Users. This opportunity presents excellent range of development options including dental, medical office, or retail Owner Users with excellent leverage. On the hand, an Investor could benefit from this block-to-block opportunity next to a built-in consumer base across the street (Paramount High School). As speculative Investments, this property lends it self a triple net invested 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 located walking distance to 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), it offers a wide array of development possibilities for mixed-use development.