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13000 Paramount

Downey, CA 90242
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Bed 0

Bed

Bath 0

Bath

SqFt3,421

Sqft

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 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 inve stors 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,350,000

AD Id : 68305569

MLS Id : PW25250748

Lot Size : 5,937 Sqft

Living Area Size : 3,421

Year Built : 1929

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1929 Building Area Total: 3,421
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1363
  • Lot Size Source: Assessor Lot Size Square Feet: 5937

  • Listing Price Information

    Original List Price: 1,350,000 Listing Contract Date: 2025-10-31
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 6260001034

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: D3 - Southwest Downey, S of Firestone, W of Downey Directions: On Paramount Blvd, South of Imperial, North of Gardendale Source Property Type: Residential Income Area: D3 - Southwest Downey, S of Firestone, W of Downey Property SubType: Mixed Use
  • Building and Construction

    Property Age: 97 Common Walls: 2+ Common Walls Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes
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At $394.62 per sq.ft.,this listing is priced below average compared to other homes from Downey.

The average homes price in Downey is $370202.62 with avg. price / sq.ft of $2102.04.

The average homes price in Los Angeles County is $373818.81 with avg. price / sq.ft of $2100.74.

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9763 Imperial, Downey, CA, 90242 $720,000 3 3 1,700 1,700 SqFt
12608 Coldbrook Avenue, Downey, CA, 90242 $798,000 3 2 1,034 1,034 SqFt
8701 Boyne, Downey, CA, 90242 $650,000 2 1 704 704 SqFt
12148 Marbel Avenue, Downey, CA, 90242 $899,000 4 2 1,480 1,480 SqFt
12152 Marbel, Downey, CA, 90242 $1,349,000 4 4 2,866 2,866 SqFt
8410 Cavel Street, Downey, CA, 90242 $1,024,997 4 2 1,463 1,463 SqFt
8444 Albia, Downey, CA, 90242 $909,000 3 1 1,314 1,314 SqFt
8324 Alameda, Downey, CA, 90242 $2,300,000 -- -- 5,424 5,424 SqFt
9220 Birdvale, Downey, CA, 90242 $799,000 3 1 1,031 1,031 SqFt
8516 Lyndora, Downey, CA, 90242 $805,000 3 2 1,441 1,441 SqFt

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ByOwner last updated this listing 04/06/2026 @ 23:17

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

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