The median home value in Downey, CA is $773,500.
This is
higher than
the county median home value of $740,000.
The national median home value is $277,796.
The average price of homes sold in Downey, CA is $773,500.
Approximately 48% of Downey homes are owned,
compared to 48% rented, while
4% are vacant.
Downey real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Downey real estate agent to arrange a tour today! Learn more about Downey.
Welcome to 12155 Paramount Blvd, located in the HIGHLY DESIRED and EVER GROWING City of Downey, Ca. This is the INCREDIBLE OPPORTUNITY you have DREAMING of! Featuring 3,120 Newley Renovated Building SQFT, perched on a Generous sized 7,541 SQFT lot with direct entrance access right off of Paramount Blvd and at the rear of the building. Containing a private enclosed yard, 2- Restrooms, and Enclosed office area, Wet Bar / Kitchenette Area, Multiple Storage Rooms, Water closet, a Massive and Grand open area with a total of 15- Parking spaces (The only building in this plaza containing that many). Located right off of Paramount Blvd, with 52 feet of frontage which is an arterial road with significant traffic volume, making it one of the busiest streets in all of Downey Ca with thousands of cars passing by daily. The subjunctive parcel has a zoning designation of C3 which allows for a number of retail and commercial right and some subject to conditional use permit. Centrally located just minutes from The Downey Civic Center and City Hall, Downtown, New Downey Promenade, The Downey Landing, Kaiser Permanente, The Los Amigos and Rio Hondo Golf / Venue Centers, The Embassy Suites, The New Spring Hill Suites by Marriott, The Stonewood Shopping Center, Nationwide Award Winning Schools, Private Police and Fire Station. 5, 710, 91 HWYS and a short drive outside from Downtown Los Angeles, LAX and so much more! 12155 Paramount Blvd is the space you are DREAMING of and is awaiting YOU to bring your Business Vision to life! Act fast and dont miss out on this incredible opportunity of a lifetime!
Back on Market - Oh my gosh!!! Where in Downey can you buy a 4526 square foot property at this price? And have it provide income of around $72,000 per year? With a cap rate of 5%? Property has a Hair Salon business that has been in business since 1977 and occupies two of the downstairs units. (Can be re-divided into two units to get additional income). Upstairs is a Real Estate company that occupies the whole floor, has 5 offices and a conference room, and just signed an additional 3 year lease. Downstairs, has a recently vacated unit and can be used for many uses. Uses, that we have provided above. Also has loading door access. Property is definitely priced to sell. This would be a perfect OWNER USER opportunity, and with lots of off street parking. Stop paying for a rental somewhere else and become a property owner and get your tax benefits on a building that provides income that you own!!!!!!!. We have phase one and phase two reports. Please no SBA financing
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Based on information from CRISNet MLS as of 2/2/2023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
