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, where rich history meets modern living. Known for its friendly neighborhoods and thriving community, Downey boasts a unique blend of suburban charm and urban convenience, making it an ideal place to call home.

Downey is celebrated for its diverse culture and a range of amenities that cater to every lifestyle. With a variety of parks, shopping centers, and dining options, residents enjoy a balanced mix of leisure and entertainment. The city is also home to several highly-rated schools and community programs, fostering a strong sense of belonging among families and individuals alike.

One of the most exciting aspects of Downey’s real estate market is the availability of homes with a mixed-use subtype. These properties offer a fantastic opportunity for those looking to blend residential comfort with commercial potential. Imagine living in a stylish apartment above your own boutique or café, or having your office just a few steps away from home. This innovative approach to urban living not only maximizes space but also encourages a vibrant community atmosphere.

Investing in a mixed-use property in Downey means embracing a lifestyle that is both convenient and dynamic. With its strategic location near major highways and public transit options, commuting to Los Angeles and surrounding areas is a breeze. Whether you’re a budding entrepreneur or simply seeking a unique living arrangement, Downey’s mixed-use homes provide the perfect canvas for your dreams. Explore the possibilities today and discover why Downey is the perfect place for your next chapter!

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.