13000 Paramount, Downey, California 90242
- $1,350,000
Overview
- Mixed Use, Residential Income
- 3421 Sqft
- 1929
Description
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 1, 820 SF of ground-floor retail occupied by a stable tenant with 8 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: 1, 820 SF retail with 8-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.
Address
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Address: 13000 Paramount
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City: Downey
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State/county: CA
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Zip/Postal Code: 90242
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Country: US
Details
Updated on July 24, 2026 at 5:45 pm-
Property ID PW25250748
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Price $1,350,000
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Property Size 3421 Sqft
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Land Area 0.1363 Acres
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Year Built 1929
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Property Type Mixed Use, Residential Income
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Property Status Pending
Additional details
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Listing Terms Cash, Cash to New Loan, Conventional, Owner May Carry
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Curbs, Street Lights, Sidewalks
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