Listed by Stelios Zoumberakis, Keller Williams Coastal Prop., (562) 961-1400
13000 Paramount Blvd
Downey, CA 90242
3 Beds
3 Baths
3,421 sqft
3 Beds
3 Baths
3,421 sqft
Local Information
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Description
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 1,820 SF of ground-floor retail occupied by a stable tenant with 8 years remaining on the lease, plus a 1-bedroom residential unit above. The rear building offers two stacked residential units—a 2-bedroom non-conforming ground-floor unit and a permitted 2-bedroom unit above. The non-conforming unit presents a prime opportunity for an owner-user to occupy as a live/work residence, or potentially legalize or expand under current ADU provisions to increase rental income.
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: 1,820 SF retail with 8-year lease + 1-bed unit above
•Rear building: (1) 2-bed + (1) 2-bed non-conforming ground-floor unit (live/work or ADU potential)
•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.
The front building includes 1,820 SF of ground-floor retail occupied by a stable tenant with 8 years remaining on the lease, plus a 1-bedroom residential unit above. The rear building offers two stacked residential units—a 2-bedroom non-conforming ground-floor unit and a permitted 2-bedroom unit above. The non-conforming unit presents a prime opportunity for an owner-user to occupy as a live/work residence, or potentially legalize or expand under current ADU provisions to increase rental income.
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: 1,820 SF retail with 8-year lease + 1-bed unit above
•Rear building: (1) 2-bed + (1) 2-bed non-conforming ground-floor unit (live/work or ADU potential)
•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.
Home Highlights
Parking
3 Parking Spaces
Outdoor
No Info
HOA
None
Price/Sqft
$395
Listed
180+ days ago
Home Details for 13000 Paramount Blvd
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3 |
Appliances & Utilities Laundry: None |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Number of Stories: 2Entry Location: 1 |
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Exterior Home Features No Private Pool |
Parking & Garage Open Parking Spaces: 3No GarageParking Spaces: 3 |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 227Days on Market: 180+ |
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Year Built Year Built: 1929 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Mixed Use |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 6260001034 |
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Price List Price: $1,350,000Price Per Sqft: $395 |
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MLS Status: Active Under Contract |
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Direction & Address City: Downey |
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Listing Agent Listing ID: PW25250748 |
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Building Area Building Area: 3421 Square Feet |
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Community Features: Curbs, Street Lights, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 5937 sqft |
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Special Conditions: Standard |
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Contingencies: NoneListing Terms: Cash, Cash to New Loan, Conventional, Owner May Carry |
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Has Rent Control |
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Mls Number: PW25250748Living Area Range Units: Square FeetZillow Contingency Status: Under ContractAttribution Contact: stelios@szcre.comCommon Interest: NoneUniversal Property Id: US-06037-N-6260001034-R-N |
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CurbsStreet LightsSidewalksSource Internet Entire Listing Display |
Last check for updates: about 5 hours ago
Listing Provided by: Stelios Zoumberakis DRE #02049494
Keller Williams Coastal Prop.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW25250748
Also Listed on CRMLS.
Market trends in Downey
Last updated May 2026
Avg. sale price
$882K
$5KMoM
Sale-to-List Price
100.6%
0.3%MoM
Price per sq ft
$584
$14MoM
Available listings
92
7MoM
Price History for 13000 Paramount Blvd
| Date | Price | Event | Source |
|---|---|---|---|
| 05/04/2026 | $1,350,000 | Contingent | CRMLS #PW25250748 |
| 03/19/2026 | $1,350,000 | PendingToActive | CRMLS #PW25250748 |
| 02/19/2026 | $1,350,000 | Contingent | CRMLS #PW25250748 |
| 10/31/2025 | $1,350,000 | Listed For Sale | CRMLS #PW25250748 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,668 |
| Assessment | $139,961 |
Home facts updated by county records
Comparable Sales for 13000 Paramount Blvd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $925,000 | 10/24/25 | 3 | 3 | 1,215 | |
0.11 | Multi-Family Home | $933,000 | 04/01/26 | 4 | 4 | 2,490 | |
0.14 | Multi-Family Home | $755,000 | 11/13/25 | 6 | 4 | 1,679 | |
0.26 | Multi-Family Home | $1,450,000 | 10/10/25 | 12 | 6 | 5,160 | |
0.57 | Multi-Family Home | $1,089,000 | 09/05/25 | 6 | 4 | 1,939 | |
0.18 | Multi-Family Home | $1,445,000 | 10/16/25 | 10 | 7 | 5,815 | |
0.82 | Multi-Family Home | $1,220,000 | 12/03/25 | 7 | 4 | 4,214 |
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Assigned Schools
These are the assigned schools for 13000 Paramount Blvd.
- Imperial Elementary School
- K-3
- Public
- 653 Students
7/10GreatSchools RatingParent Rating AverageThis school has provided a safe and comfortable environment to both of my children. Good communication and excellent teacher. Parent is vital to make a school great, cannot expect to have a great school if parents dont get involved. I would definitely recommend Imperial ElementaryParent Review2y ago - Warren High School
- 9-12
- Public
- 3609 Students
7/10GreatSchools RatingParent Rating AverageWarren high school provides many opportunities for students who want to achieve their goals. They gives students the opportunity to take dual enrollment classes (early college classes), CTE Pathways, and AP’s. Our school environment is welcoming and diverse that have many clubs to join. In my experience I’ve been able to take dual enrollment classes while also being part of the Warren soccer team. The sports here are competitive but still really fun, which makes it a good balance. Warren helps students like us academically and activities outside of class.Student Review2mo ago - Stauffer Middle School
- 6-8
- Public
- 1329 Students
6/10GreatSchools RatingParent Rating AverageYou should go to this school 100%Parent Review3y ago - Old River Elementary School
- 4-5
- Public
- 540 Students
6/10GreatSchools RatingParent Rating AverageI was a student and is was a great school to go to!!!!!!Parent Review4y ago 
Check out schools near 13000 Paramount Blvd.
What Locals Say about Downey
At least 1006 Trulia users voted on each feature.
85 % Say it's dog friendly
75 % Say it's walkable to restaurants
74 % Say car is needed
74 % Say yards are well-kept
74 % Say there are sidewalks
73 % Say there's holiday spirit
70 % Say it's walkable to grocery stores
63 % Say they plan to stay for at least 5 years
63 % Say people would walk alone at night
62 % Say it's quiet
60 % Say parking is easy
60 % Say streets are well-lit
51 % Say kids play outside
48 % Say neighbors are friendly
31 % Say there's wildlife
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Stelios Zoumberakis, Keller Williams Coastal Prop.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
13000 Paramount Blvd, Downey, CA 90242 is a 3 bedroom, 3 bathroom, 3,421 sqft multi-family built in 1929. This property is currently available for sale and was listed by CRMLS on Oct 31, 2025. The MLS # for this home is MLS# PW25250748.