Commercial Real Estate Market in Downey, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
70 active listings and 1,929 off-market properties in Downey, CA. Commercial property asks $363/SF to buy and $23.85/SF/Yr to lease.
Market Trends
Downey, CA spans 12.4 square miles in Los Angeles County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Downey, CA asks $305/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Downey, CA asks $510/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Downey, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Downey, CA asks $330/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 75.2%
- Commercial 11.4%
- Industrial 7.9%
- Civic 0.6%
- Open space 0.1%
Largest Zones share of zoned land by district
Single Family Residential 5000 Square Feet Minimum Lot Size
Single Family Residential 7500 Square Feet Minimum Lot Size
Single Family Residential 6000 Square Feet Minimum Lot Size
Multiple Family Residential
General Commercial
Downey, CA zones 6,245 acres across 27 districts. Commercial zoning covers 11.4% of zoned land, residential 75.2%, open space 0.1% and industrial 7.9%. The largest single district is Single Family Residential 5000 Square Feet Minimum Lot Size at 36.3%. For commercial buyers the practical constraint is that only 19.3% of land carries a commercial or industrial designation.
Multiple Family Residential (R-3)
The R-3 Zone is intended to provide for the development of multiple-family residential living areas compatible with the neighborhood environment and outdoor recreation potential of the community. Such areas are envisioned as being located and designed to be complementary to adjacent uses and at the same time provide suitable space for multiple-family living…
Market overview
Demographics & Economy
Downey, CA has 114,355 residents in 35,870 households. Density runs 9,221 people per square mile. Median household income here is $89,621 and median gross rent $1,899 a month.
114,355
Population
35,870
Households
3.2
Avg Household Size
37
Median Age
26%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
9,221
Density / Sq Mi
$89,621
Median Household Income
$43,891
Median Earnings
$1,899
Median Rent
$733,437
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bell Gardens | $363 (county avg) | — |
| Santa Fe Springs | $363 (county avg) | — |
| Cudahy | $363 (county avg) | — |
| Paramount | $363 (county avg) | $21.33 |
Commercial property in Downey, CA asks $363/SF. The 4 bordering markets run from $363/SF in Bell Gardens to $363/SF in Bell Gardens, and the city sits in line with their $363/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Downey?
Commercial property in Downey, CA asks an average of $363 per square foot. The 5 most recent recorded sales traded at a median of $215/SF, so asking sits 69% above the achieved median. Retail carries the highest asking price at $510/SF.
How much does it cost to lease commercial space in Downey?
Asking lease rates in Downey, CA average $23.85 per square foot per year.
How does Downey compare to nearby markets on price?
Downey, CA asks $363/SF against $363/SF in Bell Gardens, $363/SF in Santa Fe Springs, $363/SF in Cudahy and $363/SF in Paramount.
What zoning applies to commercial property in Downey?
Downey, CA zones 6,245 acres across 27 districts, of which 11.4% is commercial and 7.9% industrial. The largest single district is Single Family Residential 5000 Square Feet Minimum Lot Size at 36.3% of zoned land. Residential zoning covers 75.2% and open space 0.1%.
Where does Realmo's Downey market data come from?
Realmo compiles Downey, CA figures from 5 recent recorded sales, 32 active sale listings, 38 active lease listings, 1,929 tracked off-market properties, the current Downey zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 32 active for-sale and 38 active for-lease listings in Downey, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 6,245 zoned acres across 27 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
