13000 Paramount Blvd Downey, CA 90242
Hollydale NeighborhoodEstimated payment $7,165/month
About This Home
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.
Listing Agent
Keller Williams Coastal Prop. Brokerage Email: stelios@szcre.com License #02049494 Listed on: 10/31/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 5,937 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 3,421 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 8898
- Assessor Parcel Number 6260001034
- $974 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $5,470
- Trash Expense $2,350
- Water Sewer Expense $2,260
- New Taxes Expense $14,687
- Operating Expense $34,427
- Gross Income $64,813
- Net Operating Income $30,386
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,599 | $139,961 | $42,020 | $97,941 |
| 2024 | $2,599 | $137,218 | $41,197 | $96,021 |
| 2023 | $2,568 | $134,529 | $40,390 | $94,139 |
| 2022 | $2,437 | $131,893 | $39,599 | $92,294 |
| 2021 | $2,310 | $129,308 | $38,823 | $90,485 |
| 2020 | $2,278 | $127,983 | $38,425 | $89,558 |
| 2019 | $2,347 | $125,474 | $37,672 | $87,802 |
| 2018 | $2,187 | $123,015 | $36,934 | $86,081 |
| 2016 | $2,010 | $118,240 | $35,500 | $82,740 |
| 2015 | $1,979 | $116,465 | $34,967 | $81,498 |
| 2014 | $1,875 | $114,185 | $34,283 | $79,902 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | For Sale | $1,350,000 | -- | $395 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25250748
APN: 6260-001-034
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Based on information from California Regional Multiple Listing Service, Inc. 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
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