12149-12151 Downey Ave
Downey, CA 90242
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Two storefront retail units — one vacant, one on a short-term lease — offering flexibility for an owner-user or value-add investor
- Ample parking in front and rear of the property
- Optional assemblage with adjacent 12161 Downey Avenue, creating a combined 24,769 SF corner lot with future redevelopment potential
- Dual access from Downey Avenue and a private driveway off Alameda Street
- Prime visibility at the signalized intersection of Downey Ave and Alameda St
EXECUTIVE SUMMARY
The CREM Group is pleased to exclusively present for sale two adjacent commercial properties located at 12149 & 12161 Downey Avenue in Downey, California. These rare offerings are positioned at the signalized corner of Downey Avenue and Alameda Street, benefiting from exceptional visibility, strong daily traffic counts, and dual street frontage — making them ideal for owner-users, investors, or developers.
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. The property features ample parking in front and rear, dual access from Downey Avenue and a private driveway off Alameda Street , and excellent frontage along a high-traffic corridor.
12161 Downey Avenue is a 1,644 square foot 24/7 self-service car wash operating on a 14,255 square foot oversized 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 , with additional land that may allow for future expansion (buyer to verify).
12149 and 12161 Downey Avenue can be purchased together or individually. Both properties will be delivered with flexible occupancy options. Please contact the listing agent to schedule showings or for more 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. The property features ample parking in front and rear, dual access from Downey Avenue and a private driveway off Alameda Street , and excellent frontage along a high-traffic corridor.
12161 Downey Avenue is a 1,644 square foot 24/7 self-service car wash operating on a 14,255 square foot oversized 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 , with additional land that may allow for future expansion (buyer to verify).
12149 and 12161 Downey Avenue can be purchased together or individually. Both properties will be delivered with flexible occupancy options. Please contact the listing agent to schedule showings or for more information.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,700 SF
Building Class
C
Year Built
1961
Price
$850,000
Price Per SF
$314.81
Percent Leased
55%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.26
Lot Size
0.24 AC
Zoning
C2
Parking
8 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
60’ on Downey Ave
PROPERTY TAXES
| Parcel Number | 6259-012-051 | Improvements Assessment | $55,494 |
| Land Assessment | $54,049 | Total Assessment | $109,543 |
