13000 ParamountDowney, CA 90242
Los Angeles County
Description
Back on Market after Buyer could not perform! Discover a rare mixed-use investment and live/work opportunity in the heart of Downey. This property features two buildings combining street-front retail and multifamily residential for diversified income and flexible future use. The front building includes ground-floor retail occupied by a tenant with 3+ years remaining on a NNN lease, plus a 1-bedroom residential unit above. The rear building offers two stacked 2-bedroom residential units with one unit delivered vacant. All residential tenants are currently month-to-month, allowing investors or owner-users the flexibility to reposition, adjust rents, or occupy units as desired. Situated on busy Paramount Blvd, the property enjoys high visibility, convenient freeway access, and proximity to schools, restaurants, and major businesses, ensuring continued tenant demand and long-term value appreciation. Highlights: •Two-building mixed-use property (retail + multifamily) •Front building: Street-front retail with 3+year lease + 1-bed unit above •Rear building: (2) 2-bed units •Residential units all month-to-month (upside flexibility) •Possible SBA financing available through business purchase •Excellent location near freeways, schools, and major businesses A unique blend of stable income, flexible occupancy, and redevelopment potential, 13000 Paramount Blvd offers investors and entrepreneurs a truly versatile Downey asset. *Possible purchase of retail business. Inquire with broker.
Property Information
- Property type
- Residential Income
- Sub-type
- Mixed Use
- Year built
- 1929
- Stories
- 2
- Building area
- 3,421 Sq Ft
- Lot size
- 0.14 acres
- Parking spaces
- 3
- Days on market
- 328
- MLS® Listing#
- PW25250748
Property Features
- Pool
- None
- Laundry
- None
- Lot features
- Corner Lot
- Community
- Curbs · Street Lights · Sidewalks
- Sewer
- Public Sewer
- Water source
- Public
- Parcel number
- 6260001034
Directions
On Paramount Blvd, South of Imperial, North of Gardendale
Listing Courtesy: Keller Williams Coastal Prop. - stelios@szcre.com
Presented by: Stelios Zoumberakis
Licensed in the state of California.
Downey Market Statistics
How this home compares to 74 active listings in Downey, CA
| Downey median | This listing | |
|---|---|---|
| Median listing price | $1,000,000+ | $1,350,000 |
| Median days on market | 46 | 328 |
| Median Sq Ft | 1,751 | 3,421 |
| Median price / Sq Ft | $562 | $395 |
Market statistics compiled from active EXIT Realty® and MLS listings in Downey, CA.
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