Home | Los Angeles County | Downey | 90242 | 13000 Paramount
MLS: CRPW25250748 | Status: Active | Price: $1,350,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 5,937 | 1929 |
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
| Field | Value |
|---|---|
| MLS # | CRPW25250748 |
| MLS Source | California Regional MLS |
| Days on Site | 173 |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Stelios Zoumberakis
Keller Williams Coastal Prop.
License #: 02049494
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 3 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Theodore Roosevelt | public | K-5 | 0.52 mi | 5 |
| Imperial Elementary School | public | K-3 | 0.58 mi | 7 |
| Ward Elementary School | public | K-5 | 0.92 mi | 7 |
| Hollydale School | public | K-8 | 1.01 mi | 5 |
| Sussman Middle School | public | 6-8 | 1.04 mi | 6 |
| Paramount High School | public | 9-12 | 1.15 mi | 5 |
| Paramount Unified Community Day School | public | 7-12 | 1.20 mi | N/A |
| Paramount Adult | public | UG | 1.21 mi | N/A |
| Harry Wirtz Elementary School | public | K-5 | 1.23 mi | 5 |
| Paramount Park Middle School | public | 6-8 | 1.24 mi | 6 |
| Alameda Elementary School | public | K-5 | 1.31 mi | 6 |
| Old River Elementary School | public | 4,5 | 1.34 mi | 6 |
| Vista High (Continuation) School | public | 9-12 | 1.38 mi | 2 |
| Stauffer Middle School | public | 6-8 | 1.42 mi | 6 |
| Howard Tanner School | public | K-5 | 1.44 mi | 6 |
| Carpenter Elementary School | public | K-4 | 1.48 mi | 7 |
| Marco Antonio Firebaugh High School | public | 9-12 | 1.51 mi | 5 |
| Warren High School | public | 9-12 | 1.52 mi | 7 |
| Paramount Virtual Academy | public | K-12 | 1.54 mi | N/A |
| Will Rogers Elementary School | public | K-6 | 1.55 mi | 6 |
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This listing information is up-to-date as of March 19, 2026. For the most current information, please contact Stelios Zoumberakis.