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Listed by Stelios Zoumberakis, DRE #02049494 • Keller Williams Coastal Prop.
$1,350,000
Est. payment /mo
5,937 Sqft Lot
Active
13000 Paramount Downey, CA 90242
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25250748
Year Built 1929
Lot Size 5,937 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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 sta
Location
State CA
County Los Angeles
Area D3 - Southwest Downey, S Of Firestone, W Of Downey
Interior
Laundry None
Exterior
Garage Spaces 3.0
Pool None
Building
Water District - Public
Others
Tax ID 6260001034
Special Listing Condition Not Applicable
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