Back on Market after Buyer could not perform! 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 ground-floor retail occupied by a tenant with 3+ years remaining on a NNN lease, plus a 1-bedroom residential unit above. The rear building offers two stacked 2-bedroom residential units with one unit delivered vacant.
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: Street-front retail with 3+year lease + 1-bed unit above
•Rear building: (2) 2-bed units
•Residential units all month-to-month (upside flexibility)
•Possible SBA financing available through business purchase
•Excellent location near freeways, schools, and major businesses
A unique blend of stable income, flexible occupancy, and redevelopment potential, 13000 Paramount Blvd offers investors and entrepreneurs a truly versatile Downey asset.
*Possible purchase of retail business. Inquire with broker.
For sale
Listed by: Keller Williams Coastal Prop. • Stelios Zoumberakis • Contact: stelios@szcre.com
$1,350,000
13000 Paramount Blvd, Downey, CA 90242
5beds
4baths
3,421sqft
Mixed Use
Built in 1929
-- sqft lot
$1,336,300 Zestimate®
$395/sqft
$-- HOA
What's special
Residential units
- 203 days
- 215
- 4
Zillow last checked:
Listing updated:
Listed by:
Stelios Zoumberakis DRE #02049494 stelios@szcre.com,
Keller Williams Coastal Prop.
Source: CRMLS,MLS#: PW25250748
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,421
- Total interior livable area: 3,421 sqft
Property
Parking
- Total spaces: 3
- Uncovered spaces: 3
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 5,937 Square Feet
- Features: Corner Lot
Details
- Parcel number: 6260001034
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Downey
Financial & listing details
- Price per square foot: $395/sqft
- Tax assessed value: $142,759
- Date on market: 10/31/2025
- Cumulative days on market: 203 days
- Listing terms: Cash,Cash to New Loan,Conventional,Owner May Carry
Estimated market value
$1,336,300
$1.27M - $1.40M
$3,455/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $1,350,000$395/sqft |
Source: | ||
| 8/13/2026 | Listing removed | $1,350,000$395/sqft |
Source: | ||
| 7/28/2026 | Listed for sale | $1,350,000$395/sqft |
Source: | ||
| 7/17/2026 | Pending sale | $1,350,000$395/sqft |
Source: | ||
| 5/4/2026 | Contingent | $1,350,000$395/sqft |
Source: | ||
| 3/19/2026 | Listed for sale | $1,350,000$395/sqft |
Source: | ||
| 2/19/2026 | Contingent | $1,350,000$395/sqft |
Source: | ||
| 10/31/2025 | Listed for sale | $1,350,000$395/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $142,759 +2% |
| 2025 | $2,668 +2.7% | $139,961 +2% |
| 2024 | $2,599 +1.2% | $137,218 +2% |
| 2023 | $2,568 +5.4% | $134,529 +2% |
| 2022 | $2,437 +5.5% | $131,893 +2% |
| 2021 | $2,310 +1.4% | $129,308 +1% |
| 2020 | $2,278 | $127,983 +2% |
| 2019 | $2,278 +4.2% | $125,474 +2% |
| 2018 | $2,187 | $123,015 +2% |
| 2017 | $2,187 +2.9% | $120,604 +2% |
| 2016 | $2,125 +5.7% | $118,240 +1.5% |
| 2015 | $2,010 | $116,465 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 90242
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