13000 Paramount, Downey, CA 90242

Downey
Local realty services provided by:ERA Excel Realty
13000 Paramount,Downey, CA 90242
$1,350,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: stelios zoumberakis
Office: keller williams coastal prop.
MLS#:PW25250748
Source:CAREIL

Price summary

  • Price:$1,350,000

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:195 day(s) ago
  • Updated:May 17, 2026 at 04:19 PM

Structure and exterior

  • Year built:1929
  • Lot area:0.14 Acres
  • Lot Features:Mid Block

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,350,000
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