About This Home

This 3-bedroom, 3-bathroom commercial at 13000 Paramount in Downey, CA is listed for $1,350,000. Built in 1929, on a 0.14 acres lot.

Key Features

  • Built in 1929
  • 0.14 acre lot
  • 2 stories
  • 3 parking spaces

Property Details

2 stories
3 full
3 spaces
1929
Listing Description

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.

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

13000 Paramount

Downey, CA 90242

Questions & Answers

This 3-bedroom, 3-bathroom commercial at 13000 Paramount is listed at $1,350,000. The estimated monthly payment is $7,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1929, 0.14 acre lot, 2 stories, 3 parking spaces.

This property is listed by Stelios Zoumberakis and can be reached at (562) 961-1400.

SZ

Stelios Zoumberakis

License 02049494

Agent at Keller Williams Coastal Properties

(562) 961-1400
Agent website

Listed by Keller Williams Coastal Properties · Broker phone: (562) 961-1400 · Broker website

MLS# PW25250748· Source: California Regional Multiple Listing Service, Inc· 67 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

13000 Paramount, Downey, CA 90242

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