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Downey Ave Portfolio 2 Properties Offered at $1,750,000 in Downey, CA

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INVESTMENT HIGHLIGHTS

  • Combined ±24,769 SF corner lot at Downey Ave & Alameda St - MUST BE SOLD TOGETHER
  • Centrally located near the 105, 710, and 605 Freeways with strong surrounding demographics
  • Current uses include a self-service car wash (legal nonconforming) and a two-unit retail building—both with short-term occupancy for added flexibility
  • Zoned C-2 (Commercial) but designated Medium Density Residential in the City’s General Plan—buyers should conduct independent due diligence

EXECUTIVE SUMMARY

The CREM Group is pleased to exclusively present for sale 12149 - 12161 Downey Avenue in Downey, California. The property is positioned at the signalized corner of Downey Avenue an Alameda Street, benefiting from exceptional visibility, strong daily traffic counts, and dual street frontage — ideal for owner-users, investors, or developers.
Together, these properties total 24,769 square feet of land area, offering significant future redevelopment potential. See OM for zoning and general plan information.
12149 Downey Avenue is a 2,700 square foot freestanding retail building situated on a 10,424 square foot lot. The property is currently configured as two storefront retail units, one of which is vacant, and the other occupied on a short-term lease, providing immediate upside for an owner-user or value-add investor.
12161 Downey Avenue is a 1,644 square foot 24/7 self-service car wash operating on a 14,255 square foot lot, offering an excellent opportunity for an owner-operator to step into a turnkey business or repurpose the site. The car wash includes two wash bays, three vacuum stations, and private office space.
12149 and 12161 Downey Avenue must be purchased together. Both properties will be delivered with flexible occupancy options. Please contact the listing agent to schedule showings or for more information.

PROPERTY FACTS

Price $1,750,000
Price / SF $402.85 / SF
Sale Conditions
High Vacancy Property
  • Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 4,344 SF
Total Land Area 0.57 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
12149-12151 Downey Ave, Downey, CA 90242 Retail 2,700 SF 1961 -
12161 Downey Ave, Downey, CA 90242 Specialty 1,644 SF 1970 -
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  • Listing ID: 36989730

  • Date on Market: 7/29/2025

  • Last Updated:

  • Address: Downey Ave Portfolio, Downey, CA

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