$1,350,000

13000 Paramount, Downey, CA 90242

3,421 sqft

other
Built in 1929
5,937sqft lot
—— car garage
$395/sqft
Listed 11 months ago

Property 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.

Listing Status:: Active
Date Added:: October 31, 2025
Data Last Updated:: October 10, 2026 at 3:16AM
Listing Office:: Keller Williams Coastal Prop. : 562-961-1400
Listing Agent:: Stelios Zoumberakis : 562-961-1400
Contact:: stelios@szcre.com
MLS ID:: PW25250748

Laundry: None

Pool: None
Parking: Parking spaces: 3

General: 2

Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 6260001034

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Stelios Zoumberakis , Keller Williams Coastal Prop.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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