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 diverse community, Downey offers a unique blend of suburban charm and urban convenience. With a population of approximately 113,000 residents, this city boasts a welcoming atmosphere, excellent schools, and a variety of recreational options, making it an ideal place for families and individuals alike.

One of the standout features of Downey is its dynamic real estate market, particularly the availability of homes with a mixed-use subtype. This innovative housing option allows residents to enjoy the convenience of living and working in the same space. Imagine stepping out of your beautifully designed home and walking right into your own café, boutique, or office! Mixed-use properties in Downey provide the perfect solution for entrepreneurs and creative professionals looking to establish their business in a thriving community.

The city's strategic location offers easy access to major freeways, making commutes to downtown Los Angeles and surrounding areas a breeze. Additionally, Downey is home to a variety of parks, shopping centers, and dining options, ensuring that residents have everything they need right at their fingertips.

Whether you're looking to invest in a mixed-use property or simply want to find a cozy home in a friendly neighborhood, Downey has something for everyone. With its blend of residential and commercial spaces, this city is not just a place to live—it's a place to thrive. Discover your perfect home in Downey today, and experience the best of California living!

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.