9504 Telegraph Road Downey, CA $ 1,299,950
9504 Telegraph Road
$ 1,299,950
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9504 Telegraph Road

Downey, CA, 90240
$ 1,299,950
Baths0.0 Sq 2,090

Monthly Estimate*

$ 9,081

Listed by 24 Hour Real Estate
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Studio

Commercial Property for sale in Downey, CA

for $1,299,950. This 2,090 square foot building was built in 1960 on a lot size of 0.4096.

BACK ON THE MARKET! Investment opportunity in Downey! This mixed-use property has two offices and a two bedroom house on a 17,000+ sq ft lot. The two offices are currently being rented by one tenant and the large 2 bedroom 1 bath SFR is receiving excellent market rent. This corner lot has 8 parking spots plus a long driveway leading to the back on the Telegraph side, and a driveway on the hasty side with access to more parking, including RV parking, and the large yard. There are multiple possibilities going forward: keep the current tenants, utilize the offices for your own use, live in one and work at the other, add additional structure(s) with the extra land, or tear it all down and build a large office building.

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Commercial Active

Price

$ 1,299,950

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

MixedUse

Lot Size

0.4096

Year Built

1960

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

DW23158794

Days on Market

247

Features
General
Heating None
Cooling None
Utilities None
Year Built 1960
Property SubType MixedUse
County Los Angeles
Net Operating Income 35825.0
Operating Expense 23275.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions N/ 5 freeway E/ Lakewood
City Downey
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area D1 - Northeast Downey N of Firestone E of Downey
Lot Size Square Feet 17840.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Telegraph
Listing Terms Cash CashtoExistingLoan Conventional Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 230
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Owner
Property Sub Type Additional MixedUse
Cap Rate 2.56
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Exterior
Lot Features Item01UnitAcre CornerLot
Water Source Public
Lot Size Area 17840.0
Spa N
Building Area Total 2090.0
Lot Size Acres 0.4096
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Road
Laundry Features InKitchen
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 9504
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* Excluded Features
List By
24 Hour Real Estate

Broker

(562) 382-1230

Phone

Affordability Calculator

$9,081
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,081
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2023$1,299,950 -7.14% Price Down
8/26/2023$1,399,950 Listed Price

Map


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9504 Telegraph Road, Downey, CA, 90240 is a Commercial Property for sale at $1,299,950 with 2,090 sqft and a lot size of 0.4096. 9504 Telegraph Road is a studio with 0.0 baths and was built in 1960. The property's zip code is 90240 which is in Downey, CA