Active

9504 Telegraph Road

Downey CA, 90240

$1,299,950


$621.99 per sqft

Active

2,090 sqft

Multi-family

Built in 1960

Listed by Michael Berdelis with 24 Hour Real Estate 562-861-7257

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.

DW23158786

MLS ID

August 25, 2023

Listed

April 12, 2024

Updated

Map

9504 Telegraph Road
Downey CA, 90240

Interior Features

Total Stories

1


Laundry Description

In Kitchen


Fireplace

Yes


Fireplace Description

Living Room


Cooling

No


Cooling Description

None


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.41 Acres


Lot Features

0-1 Unit/Acre, Corner Lot


Roof

Composition, Tile


Sewer

Unknown

Other Property Details

Area Name

D1 - Northeast Downey, N of Firestone, E of Downey


Days on Market

230


Garage

Yes


Garage Spaces

2


Parking

Driveway, Garage, RV Access/Parking


Parking Total

2


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

DOC2-P*


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

12/5/2023

Price Change

$1,299,950

-8%

12/1/2023

Active

10/23/2023

Under Contract

Listing Contact: 562-861-7257 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/12/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/12/2024 at 8:10 PM UTC

 

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