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9504 Telegraph Rd, Downey, CA 90240
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9504 Telegraph Rd Downey, CA 90240

$1,299,950
  • 2 Beds
  • 1 Baths
  • 2,090 Sq.Ft.
For Sale
$1,299,950 Get Pre-Qualified
Map preview of 9504 Telegraph Rd, Downey, CA 90240

Property Overview: 9504 Telegraph Rd Downey, CA has 2 bedrooms, 1 bathrooms, 2,090 living square feet and 17,840 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: 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.

Listed by Michael Berdelis | BRE #01234589 | 24 Hour Real Estate
Last checked: 13 minutes ago | Last updated: April 11th, 2024 | Source CRMLS | DOM: 240
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Home details

Lot Sq. Ft
17,840
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
DW23158794
City
Downey
County
Los Angeles
Time on Site
244 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.56%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $59,100
  • Net Operating Income: $35,825
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $23,275

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Property Details for 9504 Telegraph Rd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • In Kitchen
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 6388016016
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: None
Location / Neighborhood
Location Information
  • Directions: N/ 5 freeway, E/ Lakewood
View more facts & features

Local Downey Agent

Sale History for 9504 Telegraph Rd

View property's historical transactions

  • August, 2023

  • Aug 25, 2023

    Date

    Active

    CRMLS: DW23158794

    $1,399,950

    Price

Tax History for 9504 Telegraph Rd

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

9504 Telegraph Rd is listed 49.72% 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 $621.99 per/sqft which puts the price per square foot 14.97% higher than the median price per square foot for the city of Downey.

About 9504 Telegraph Rd

Detailed summary of property

9504 Telegraph Rd is a mixed use located in Downey, CA 90240 and is currently for sale. This mixed use property offers 2 bedrooms, 1 bathrooms, roughly 2,090 living square feet, and sits on an approximately 17,840 square foot lot. 9504 Telegraph Rd was first listed on ArdentRealEstateGroup.com on August 26, 2023. The homeowner is currently asking $1,299,950 and was originally asking $1,399,950. 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 49.72% higher than the median priced home. Local competing homes currently for sale include 659 S Soto St, 11010 Willowbrook Ave and 1749 E 69th St. While the average home in Downey, CA is selling in 50 days, 9504 Telegraph Rd has a days on market of 240 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 9504 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 9504 Telegraph Rd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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.

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