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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Stelios Zoumberakis, DRE #02049494 • Keller Williams Coastal Prop.

$ 1,350,000

Est. payment | -/mo

5,937 Sqft Lot

Save

$ 1,350,000

Est. payment | -/mo

Save

5,937 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW25250748

Year Built 1929

Lot Size 5,937 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

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 sta

Location

State CA

County Los Angeles

Area D3 - Southwest Downey, S Of Firestone, W Of Downey

Interior

Laundry None

Exterior

Garage Spaces 3.0

Pool None

Building

Water District - Public

Others

Tax ID 6260001034

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

13000 Paramount Downey, CA 90242