Downey, CA Real Estate
Downey, California is a small, suburban town of office complexes and research facilities. The broad, flat plains and pleasant weather made it an ideal home for the Native Americans and then later the Spanish, who used the fertile soil and natural springs to grow crops. Later, in the 19th century, European immigrants (including many Irish) settled in the area to farm wheat and fruit, and to sell that fresh produce to nearby Los Angeles. Downey retains a strong farming community and a farmer's market, renowned as one of the largest and most diverse in southern California. Local farms and fresh fruit is within driving distance, and many of the city's grocery stores stock fresh fruit grown only a mile or two away...[read more]
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Downey
Real Estate Statistics
| Average Price | $1.5M |
|---|---|
| Lowest Price | $260K |
| Highest Price | $14.2M |
| Total Listings | 37 |
| Avg. Days On Market | 89 |
| Avg. Price/SQFT | $494 |
Property Types (active listings)
Downey, CA Food Options
The rapid availability of inexpensive food fresh from the farm has also led to the area's development as a home for enterprising restauranteurs. Most notably, the first Taco Bell in the world was opened in Downey, as was one of the first McDonald's. Johnie's Broiler, a world-famous restaurant that has been immortalized in many films as the ideal "local eatery" is also located in Downey, as is one of the major Big Boy outlets. There have also been some very popular newer openings such as Lock & Key Social Drinkery and Kitchen, Green Olive, Gaucho Grill, and Porto's bakery. Coca-Cola also operates a major bottling facility in the area, thanks to the availability of water and the demand of the nearby Los Angeles.
Aerospace History in Downey
The large, flat plains of Downey have also made it popular with aviation pioneers. The clear weather and absence of high winds and rain for most of the year make the region ideal for testing new aircraft. It was thus home to many early aircraft manufacturers, as well as NASA. In fact, the Apollo Space Program was born in Downey, taking advantage of the many large testing facilities and office complexes to work out the science and physics before heading out to Texas and Florida for the testing and application.
Breakdown of Demographic and Housing options in Downey, CA
Because of the large and suburban population in Downey, there have been a large of middle-class single-family housing developments. However, there are also many smaller houses, apartment complexes, and even a few mansions, enabling local real estate agents to offer just about any sort of housing situation that any family or person could want. Downey has its own public school system, offering a great selection of elementary, middle, and high schools. Additionally, there are a number of private schools, both religious and secular, which gives parents a great amount of choice when it comes to the education of their children.
Downey also has its own public library system, in addition to outreach and educational opportunities offered by local businesses, which helps ensure both employment for local students and a steady stream of highly talented employees for local businesses.
For more information about Downey Real Estate, please contact our office at 323 412-9060(Los Angeles).