13000 Paramount, Downey, CA 90242
sale
$1,350,000
|
Other
Courtesy Of Keller Williams Coastal Properties
Exceptional mixed-use investment property comprised of two buildings in the bustling city of Downey. The front building offers 1,820 SF of ground-floor retail with a tenant in place (3+ years remaining), plus a residential 1-bedroom unit above. The rear building features two stacked residential units-both 2-bedroom-providing steady multifamily income with month-to-month tenancy for maximum flexibility. This dual-building configuration creates a balanced income stream: secure, long-term stability from the retail lease paired with immediate upside potential on the residential side. For an owner-user, there is an additional advantage of potential SBA financing available through purchase of the business. Located along highly trafficked Paramount Blvd, the property benefits from strong visibility, easy freeway access, and proximity to schools and major businesses, making it attractive to both retail customers and residential tenants. This is a perfect opportunity for an entrepreneur, investor, or both-don't miss the chance to secure a high-demand property in one of Downey's most trafficked corridors.
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Property Features
- Age: Over 50 Years Old
- Building Units: 4
- Floors: 2
- MLSID: PW25250748
- Parking Spaces: 3
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
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