90242 Homes with Mixed Use Subtype

Welcome to zip code 90242 in Downey, California! This vibrant area is situated in Los Angeles County and offers a diverse range of opportunities for residents and businesses alike. One notable feature of this zip code is the prevalence of homes with a mixed-use subtype.

Homes with a mixed-use subtype are a unique and sought-after option in the real estate market. These properties provide a versatile and flexible space that combines residential and commercial elements. Imagine living in a home that also allows you to run a small business or have a professional office space right at your doorstep. It's an excellent opportunity for entrepreneurs, freelancers, and those seeking a live-work lifestyle.

The advantages of homes with a mixed-use subtype are manifold. They offer convenience, as you can save time and money by eliminating the need for commuting to a separate office. Additionally, these properties often have increased visibility for businesses, attracting potential customers from the surrounding community.

In zip code 90242, you'll find a variety of homes with mixed-use subtypes, ranging from cozy apartments above storefronts to spacious townhouses with ground-level commercial spaces. The diversity of options ensures there is something to suit every taste and budget.

Whether you're a business owner looking for a convenient location or a homeowner seeking a unique living arrangement, homes with a mixed-use subtype in zip code 90242 offer an exceptional opportunity to combine work and life seamlessly. Explore the possibilities and discover the perfect property that meets your needs in this thriving Downey community.

Newest 90242 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.