8460 Telegraph Rd, Downey, CA 90240
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8460 Telegraph Rd Downey, CA 90240

$3,200,000
  • -- Beds
  • -- Baths
  • 1,942 Sq.Ft.
For Sale
$3,200,000 Get Pre-Qualified

Map preview of 8460 Telegraph Rd, Downey, CA 90240

Property Overview: 8460 Telegraph Rd Downey, CA has -- bedrooms, -- bathrooms, 1,942 living square feet and 22,984 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to 8460 Telegraph Rd, Downey - a unique property opportunity you won't want to miss! This corner lot, spanning an impressive 22,984 square feet, is perfectly situated at the intersection of Telegraph Road and Stoakes Avenue. As an added bonus, it features a well-appointed office building encompassing 1,942 square feet. Here's what makes this property truly special:Prime Location: Situated on a bustling corner, this property enjoys high visibility and convenient access. It's a prime spot for various business ventures and investments. Generous Lot Size: With 22,984 square feet of land, there's ample space for expansion or customization, making it a versatile option for a wide range of possibilities. Office Building: The 1,942 square foot office building on the property offers great potential for offices, retail space, or even conversion into something entirely unique. City Development: The city of Downey is on the move, with exciting plans in motion, including the addition of a nearby Raising Canes establishment on the same street. This indicates a growing and vibrant community, making this property an excellent choice for those looking to tap into a thriving market. In a city as dynamic as Downey, this property presents a fantastic opportunity for investors, business owners, or those seeking to create a distinctive space in a rapidly evolving area. Don't miss your chance to be a part of the exciting developments in this bustling city. Schedule a viewing today to explore the potential that 8460 Telegraph Rd has to offer. Please check with the City on what could be built...

Listed by Steven Padilla | BRE #00957274 | Century 21 A Better Service
Co-listed by Mario Gandara | BRE #01898787 | W&D Real Estate Investments
Last checked: 16 minutes ago | Last updated: March 13th, 2024 | Source CRMLS | DOM: 180
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
22,984
HOA Dues
$0/mo
Year built
1956
Garage
--
Property Type:
Business
Status
Active
MLS#
DW23194738
City
Downey
County
Los Angeles
Time on Site
191 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 8460 Telegraph Rd

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Property Details for 8460 Telegraph Rd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot, Lot 20000-39999 Sqft, Near Public Transit, No Landscaping
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 6367025020
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Stoaks Ave & Stamps Rd
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Sale History for 8460 Telegraph Rd

Last sold on September 12th, 2005
  • October, 2023

  • Oct 19, 2023

    Date

    Active

    CRMLS: DW23194738

    $3,200,000

    Price

  • September, 2005

  • Sep 12, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 1999

  • Jul 26, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 8460 Telegraph Rd

Assessed Value (2020): $1,249,556
Year Land Value Improved Value Assessed Value
2020 $1,030,888 $218,668 $1,249,556

Home Value Compared to the Market

This property vs the competition

8460 Telegraph Rd is listed 268.55% higher than the median list price for the city of Downey which has a median list price of $868,265. The median price per/sqft for Downey is $541 and this home is listed at $1647.79 per/sqft which puts the price per square foot 204.58% higher than the median price per square foot for the city of Downey.

About 8460 Telegraph Rd

Detailed summary of property

8460 Telegraph Rd is a business located in Downey, CA 90240 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly 1,942 living square feet, and sits on an approximately 22,984 square foot lot. 8460 Telegraph Rd was first listed on ArdentRealEstateGroup.com on October 19, 2023. The homeowner is currently asking $3,200,000. The median priced home in Downey is $868,265 with a median price per square foot of $541. Based on Ardent Real Estate Group's Downey Market Data, this home is listed 268.55% higher than the median priced home. Local competing homes currently for sale include 649 W 92nd St, 731 W 80th and 65 S Roosevelt Ave. While the average home in Downey, CA is selling in 50 days, 8460 Telegraph Rd has a days on market of 180 days. There are currently 84 homes for sale in the Downey real estate market and 71 of them are single family homes while 6 of them are condos and 7 are townhomes. For more information on this home for sale at 8460 Telegraph Rd Downey, CA 90240 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 8460 Telegraph Rd

Public county record property details
Beds
--
Baths
--
Year built
1956
Sq. Ft.
1,942
Lot Size
22,995
Stories
1
Type
Auto Repair (& Related), Garage
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
6367-025-020

The source for these homes facts are from public records.

90240 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$900,000
Median List Price/Sq.Ft.
$550
Median Sold Price
$893,435
Median Sold Price/Sq.Ft.
$537
Total Inventory
30
Median Sale to List Price %
99.94%
Avg Days on Market
20
Loan Type
Conventional (57.14%), FHA (14.29%), VA (0%), Cash (14.29%), Other (14.29%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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, 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.