Downey Homes with Mixed Use Subtype

Downey Homes with Mixed Use Subtype

Welcome to Downey, a vibrant city located in Los Angeles County, California. Known for its rich history, diverse community, and convenient location, Downey offers a perfect blend of urban amenities and suburban charm.

The city of Downey boasts a variety of homes with the Mixed Use Subtype, making it an attractive option for those seeking a live-work lifestyle. These properties provide the unique opportunity to combine residential and commercial spaces, allowing residents to run businesses from the comfort of their own homes.

Whether you're looking to invest in a property that offers both living and working spaces or simply want to enjoy the convenience of having amenities within walking distance, Downey's homes with the Mixed Use Subtype are sure to meet your needs. From trendy lofts to cozy townhouses, there is a diverse range of options to choose from in this bustling city.

With its thriving local economy, top-rated schools, and easy access to major highways and public transportation, Downey is a fantastic place to call home. Explore the real estate market in Downey today and discover the perfect property that suits your lifestyle and business needs.

Newest Downey 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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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.