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.<\/p>\n
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. <\/p>\n
All residential tenants are currently month-to-month, allowing investors or owner-users the flexibility to reposition, adjust rents, or occupy units as desired.<\/p>\n
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.<\/p>\n
Highlights:<\/p>\n
\u2022Two-building mixed-use property (retail + multifamily)<\/p>\n
\u2022Front building: Street-front retail with 3+year lease + 1-bed unit above<\/p>\n
\u2022Rear building: (2) 2-bed units<\/p>\n
\u2022Residential units all month-to-month (upside flexibility)<\/p>\n
\u2022Possible SBA financing available through business purchase<\/p>\n
\u2022Excellent location near freeways, schools, and major businesses<\/p>\n
A unique blend of stable income, flexible occupancy, and redevelopment potential, 13000 Paramount Blvd offers investors and entrepreneurs a truly versatile Downey asset.<\/p>\n
*Possible purchase of retail business. Inquire with broker.<\/p>","protected":false},"excerpt":{"rendered":"
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 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