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13000 Paramount

Downey, CA 90242
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Bed 3

Bed

Bath 3

Bath

SqFt5,937

Sqft(Lot)

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, a nd 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,350,000

AD Id : 68305569

MLS Id : PW25250748

Beds : 3

Lot Size : 5,937 Sqft

Year Built : 1929

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1929
    Building Area Total: 3421
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5937 Lot Size Acres: 0.1363 Lot Size Source: Assessor Lot Size Square Feet: 5,937 Lot Description: CornerLot

  • Listing Price Information

    Listing Price: $1350000
    Cash, CashToNewLoan, Conventional, OwnerMayCarry

  • Tax Information

    Parcel Number: 6260001034 Tax Lot: 2

  • Parking Information

    Parking Total: 3

  • Location Information

    Direction: On Paramount Blvd, South of Imperial, North of Gardendale WaterSource: Public
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Nearby Home Value

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ByOwner last updated this listing 07/26/2026 @ 13:03

MLS: PW25250748 LISTED BY: Stelios Zoumberakis, Keller Williams Coastal Prop. 562-961-1400 SOURCE: CRMLS

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