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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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9504 Telegraph Road,  Downey CA, 90240

(Active)
$1,299,950
|
2,090 sqft
|
MLS# DW23158794
Last Updated: 5/5/2024 9:32 PM
Description for 9504 Telegraph Road Downey, CA 90240
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.
Price
$1,299,950
Los Angeles
2,090 (approx)
DW23158794
Active
Description
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.
Listing Information
Property Type: Mixed Use, Business Opportunities, 1 Story
0.41 Acres Assessor 2,090 (approx)
1960 1
Public
None
Neighborhood
Room Information
In Kitchen
Interior Features
None
Other, None
Exterior / Lot Features
0 Covered Parking Spaces,
0-1 Unit/Acre,Corner Lot
Driving Directions
N/ 5 freeway, E/ Lakewood
Financial Considerations
6388016016
Cash,Cash to Existing Loan,Conventional,1031 Exchange
Listing Price History

Downey Real Estate

Downey is located in California. Downey, California 90240 has a population of 112,454.

The median household income in Downey, California 90240 is $95,326. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Downey 90240 is 38 years.

Loading nearby sales and history ...
Listing Agent: Michael Berdelis CalDRE: 01234589 - 24 Hour Real Estate, 562-818-6111
This content last refreshed on 5/5/2024 9:32 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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