Southwest Downey, S of Firestone, W of Downey (D3) Homes with Mixed Use Subtype

Welcome to the vibrant and diverse community of Southwest Downey, nestled in the heart of Los Angeles County, California. This charming neighborhood, located south of Firestone Boulevard and west of Downey Avenue, offers an ideal blend of residential comfort and commercial convenience, making it a sought-after destination for families and entrepreneurs alike.

Southwest Downey boasts a rich tapestry of culture and community spirit. With tree-lined streets and an array of local parks, residents enjoy a suburban lifestyle while being just a stone's throw away from the bustling urban amenities that Los Angeles has to offer. The area is well-connected by major thoroughfares, providing easy access to nearby shopping centers, restaurants, and entertainment options.

One of the standout features of this region is its unique homes with a mixed-use subtype. These properties present an exciting opportunity for those looking to blend their living space with their business aspirations. Imagine waking up in your cozy home and stepping into your very own office or retail space—convenience at its finest! This innovative approach to living allows residents to capitalize on the dynamic nature of the area while fostering a sense of community and entrepreneurship.

Whether you're a first-time homebuyer, a seasoned investor, or someone looking to start a new venture, Southwest Downey offers a wealth of possibilities. Explore the charm of this community and discover the perfect property that fits your lifestyle and ambitions. Embrace the best of both worlds in Southwest Downey, where home meets opportunity!

Newest Southwest Downey, S of Firestone, W of Downey (D3) Homes with Mixed Use Subtype

$1,350,000

PW25250748 MLS ⋅ Active Status

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.

13000 Paramount, Downey

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