Downey Homes with Mixed Use Subtype

Downey Homes with Mixed Use Subtype

Welcome to Downey, California—a vibrant city nestled in the heart of Los Angeles County. Known for its rich history and thriving community spirit, Downey is a place where suburban charm meets urban convenience. With its strategic location just 13 miles southeast of downtown Los Angeles, residents enjoy easy access to the bustling city while still relishing the tranquility of a close-knit community.

Downey boasts an array of amenities, from lush parks and recreational facilities to a diverse selection of dining and shopping options. The city is also home to several top-rated schools, making it an ideal choice for families seeking a nurturing environment for their children. The blend of cultural influences contributes to a dynamic atmosphere, where local events and festivals bring residents together throughout the year.

For those looking to invest in property, Downey offers unique opportunities in homes with a mixed-use subtype. These properties are perfect for entrepreneurs and creatives alike, allowing you to live and work in the same space. Imagine waking up in a stylish apartment above your boutique shop or enjoying the convenience of a home office just steps away from your living area. This innovative approach to real estate not only maximizes space but also fosters a sense of community and connectivity.

Whether you’re seeking a peaceful retreat or a bustling business environment, Downey’s mixed-use homes provide the perfect blend of residential comfort and commercial potential. Join the vibrant community of Downey and discover why this city is the perfect place to call home!

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.