13000 Paramount, Downey, CA 90242

Downey
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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.562-961-1400
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...

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Home facts

  • Year built:1929
  • Listing ID #:PW25250748
  • Added:240 day(s) ago
  • Updated:June 29, 2026 at 01:44 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
  • Lot Features:Corner Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$394.62

Parking

  • Total parking spaces:3
Based on information from California Regional Multiple Listing Service, Inc. as of June 29, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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