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13000 Paramount, Downey, CA 90242

Downey
Local realty services provided by:CENTURY 21 Classic Estates
13000 Paramount,Downey, CA 90242
$1,350,000
  • - Beds
  • - Baths
  • 3,421 sq. ft.
  • Multi-family
  • Active
Listed by: stelios zoumberakis
Office: keller williams coastal prop.562-961-1400
MLS#:PW25250748
Source:CRMLS

Price summary

  • Price:$1,350,000
  • Price per sq. ft.:$394.62

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:218 day(s) ago
  • Updated:June 07, 2026 at 10:39 AM

Rooms and interior

  • Living area:3,421 sq. ft.

Structure and exterior

  • Year built:1929
  • Building area:3,421 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Corner Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$394.62

Parking

  • Total parking spaces:3
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Classic Estates is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Classic Estates, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sol Almarines

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