Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13000 Paramount Boulevard Downey, CA 90242

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,275,000

    Mixed-use property in Downey featuring retail and residential units.

    Type:MU
    Added:
    Jul 21, 2023
    Days on Market:
    997
    Last Refresh:
    Apr 3 at 5:04 am

    Property Features for 13000 Paramount Boulevard

    General Information

    Standard status
    Active
    Property subtype
    MU

    Building Details

    Year Built
    1930

    We can help!

    Listing Contact
    Victor Ambriz Jr.

    Listing agent Victor Ambriz Jr. License #00952349

    Listing office KW Commercial | Downey | Victor Ambriz Jr.

    Listing date Jul 21, 2023

    Source Realnex

    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 KW Commercial | Downey | Victor Ambriz Jr.

    Overview

    Downey Mixed-Use Property For Sale

    This mixed-use property in Downey features a market/liquor store, a one-bedroom, one-bathroom unit, and a two-bedroom, one-bathroom unit. Additionally, there is one non-conforming unit on the premises. The property offers the potential for an Accessory Dwelling Unit (ADU).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CoinFlip Bitcoin ATM Money Transfer Service Downey Mart Grocery & Convenience Store Bejis Market Grocery & Convenience Store Amazon Hub Counter ... Courier Service Coin Time Bitcoin ... Atm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Downey
    County
    Los Angeles
    State
    California
    Longitude
    -118.1558692
    Latitude
    33.9183851

    Nearby Similar for Sale

    • $4,200,000
      7,551 SF

      New Downey Multifamily Investment Opportunity

      New construction multifamily property with five units in Downey, CA.
      10538 La Reina, Downey, CA 90241
      View Details
    • $1,250,000
      2,138 SF

      Downey Three-Unit Property with ADUs

      Three-unit property with paid solar and two newer ADUs.
      7977 Vista Del Rosa, Downey, CA 90240
      View Details
    • $45,000

      Downey Restaurant Business Opportunity

      Turnkey pizzeria for sale in Downey, California.
      8310 Stewart and Gray Rd, Downey, CA 90241
      View Details
    • $1,350,000
      3,421 SF

      Mixed-Use Investment Property in Downey

      Two-building Downey property with retail and residential income.
      13000 Paramount, Downey, CA 90242
      View Details
    • $2,300,000
      5,424 SF

      Downey Multifamily Investment Opportunity

      8-unit complex in Downey with on-site laundry and parking.
      8324 Alameda, Downey, CA 90242
      View Details
    • $2,300,000
      5,424 SF

      Downey Multifamily Investment Opportunity

      8-unit complex in Downey with on-site laundry and parking.
      8324 Alameda, Downey, CA 90242
      View Details
    • $1,495,000
      3,266 SF

      Downey Warehouse Space Available

      Industrial warehouse space for sublease in Downey, California.
      9220-9268 Hall Rd, Downey, CA
      View Details
    • $0.39
      28,000 SF

      Crane Served Industrial Facility

      28,000 sq ft industrial facility in Downey, CA for sale.
      13217 Laureldale Avenue, Downey, CA 90242
      View Details
    • $1,787,500
      6,500 SF

      Downey Warehouse/Industrial Property For Sale

      Industrial buildings suitable for owner/user or investment, with mezzanine storage.
      9804-9806 Everest Street, Downey, CA 90242
      View Details
    • $1,612,000
      6,200 SF

      Divisible Industrial Building For Sale

      Divisible industrial building suitable for owner/user or investment.
      9809-9815 Everest Street, Downey, CA 90242
      View Details
    • $0.39
      28,000 SF

      Crane Served Industrial Facility

      Industrial facility featuring crane service and flexible configuration.
      13217 Laureldale Avenue, Downey, CA 90242
      View Details
    • $1,325,000
      5,000 SF

      Downey Warehouse For Sale

      5,000 sq ft warehouse suitable for owner/user or investment.
      9801 Everest Street, Downey, CA 90242
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Downey featuring retail and residential units.
    Where is this mixed-use property located?
    The property is located at 13000 Paramount Boulevard Downey, CA.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: Three units on the property.; Includes a market/liquor store.; One 1‑bedroom, 1‑bathroom unit.
    (562) 842-7248
    We can help!
    Listing Contact
    Victor Ambriz Jr.
    Real Estate License ID: 00952349
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!