CA > Downey
Downey, CA 90242,13000 Paramount
Downey, CA 90242,13000 Paramount
Downey, CA 90242,13000 Paramount
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$1,350,000
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3,421 SqFt
Active

13000 Paramount Downey, CA 90242

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Max Manatt

Max Manatt

+1(925) 980-3375

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,421 sqft

Price per Sqft $394

MLS Listing ID CRPW25250748

HOA Y/N No

Year Built 1929

Lot Size 5,937 Sqft

Property Sub-Type OTHER

Source Datashare California Regional

Property Description

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 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 n

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry No Hookups

Building

Lot Description Corner Lot

Bay East Association of Realtors
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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