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

Welcome to Southwest Downey, a vibrant and inviting neighborhood nestled in the heart of Los Angeles County, California. This charming area, located south of Firestone Boulevard and west of Downey Avenue, offers a unique blend of residential and commercial opportunities, making it an ideal spot for both families and entrepreneurs alike.

Southwest Downey is characterized by its diverse community, rich history, and convenient access to essential amenities. With a variety of parks, schools, and shopping centers nearby, residents enjoy a well-rounded lifestyle that caters to both relaxation and recreation. The neighborhood is known for its friendly atmosphere, where neighbors become friends and community events foster a strong sense of belonging.

One of the standout features of this region is its homes with a mixed-use subtype. These properties are perfect for those looking to live where they work, allowing for a seamless integration of home and business life. Imagine waking up in your cozy residence and stepping into your own storefront or office space just a few steps away! This unique arrangement not only offers convenience but also the potential for increased income through rental opportunities or running your own business.

In addition to the practical benefits, the mixed-use homes in Southwest Downey contribute to the area's vibrant streetscape, creating a lively environment filled with local shops, cafes, and services. Whether you're a first-time homebuyer, a seasoned investor, or a business owner seeking a prime location, Southwest Downey presents a world of possibilities. Discover the charm of this dynamic community today and envision your future in this delightful corner of Downey!

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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