13000 Paramount, Downey, CA 90242
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
13000 Paramount,Downey, CA 90242
$1,350,000
- - Beds
- - Baths
- 3,421 sq. ft.
- Multi-family
- Active
Listed by: stelios zoumberakis
Office: keller williams coastal prop.
MLS#:PW25250748
Source:CRMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$394.62
About this home
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 the lease, plus a 1-bedroom residential unit above. The rear building offers two stacked residential units—a 2-bedroom non-conforming ground-floor unit and a permitted 2-bedroom unit above. The non-conforming unit presents a prime opportunity for an owner-user to occupy as a live/work residence, or potentially legalize or expand under current ADU provisions to increase rental income.
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: (1) 2-bed + (1) 2-bed non-conforming ground-floor unit (live/work or ADU potential)
•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.
Contact an agent
Home facts
- Year built:1929
- Listing ID #:PW25250748
- Added:48 day(s) ago
- Updated:December 19, 2025 at 02:27 PM
Rooms and interior
- Living area:3,421 sq. ft.
Structure and exterior
- Year built:1929
- Building area:3,421 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$394.62
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