Downey Mixed-Use Investment
13000 Paramount, Downey, CA 90242
For Sale
$1,350,000
Mixed-use property with retail and residential units in Downey.
Property Size3,421 SF
Lot Size0.14 Acres
Price / SF$741.76
Days on Market242
Property Features for 13000 Paramount
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Building Size
Year Built
Units
Listing Agency:
Keller Williams Coastal Properties
Listed By:
Stelios Zoumberakis · License #02049494
(562) 961-1400
Source:
Elliman
Added: Mar 11
Changed: Aug 14
Last Checked: Aug 30 at 2:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Coastal Properties
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Investment Insights
Based on property information with market context.
This mixed-use property in Downey features two buildings, offering a combination of street-front retail and multifamily residential units. The front building includes 1,820 square feet of ground-floor retail space, currently occupied by a tenant with 8 years remaining on the lease, and a 1-bedroom residential unit above. The rear building contains two stacked residential units: a non-conforming 2-bedroom ground-floor unit and a permitted 2-bedroom unit above. The non-conforming unit offers an opportunity for an owner-user to occupy as a live/work residence, or potentially legalize or expand under current ADU provisions. All residential tenants are currently on month-to-month leases, providing flexibility to reposition, adjust rents, or occupy units. Located on Paramount Blvd, the property benefits from high visibility, convenient freeway access, and proximity to schools, restaurants, and major businesses.
Key Highlights
- Mixed‑use property with street‑front retail and multifamily residential units, offering diversified income streams.
- Stable, long‑term retail tenant (8 years remaining on lease) provides immediate income.
- Opportunity for owner‑user to occupy the non‑conforming ground‑floor unit as a live/work space or potentially legalize/expand it as an ADU.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
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Business Placement
Demographics for 90242, CA
42,939
Population
12,756
Households
3.4
Avg Household Size
36
Median Age
24%
College-Educated
79%
High-School Grad
4.5 sq mi
ZIP Area
9,542
Density / Sq Mi
$83,238
Median Household Income
$42,064
Median Earnings
$1,874
Median Rent
$676,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with retail and residential units in Downey.
Where is this mixed-use property located?
The property is located at 13000 Paramount Downey, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Mixed‑use property with street‑front retail and multifamily residential units, offering diversified income streams.; Stable, long‑term retail tenant (8 years remaining on lease) provides immediate income.; Opportunity for owner‑user to occupy the non‑conforming ground‑floor unit as a live/work space or potentially legalize/expand it as an ADU.
