9504 Telegraph Road

Downey, CA 90240

$1,299,950
Price
2
Beds
1
Bath
2,090 Sq. Ft.
$622 / Sq. Ft.
2,090
Sq. Ft.
$622
per Sq. Ft.

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...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.
  1. Listed by Michael Berdelis • DRE #01234589 • Brokerage DRE #01220332 • 24 Hour Real Estate • 562-818-6111

Property Details for 9504 Telegraph Road

Parking Spaces Total
2
Private Pool
No
Cooling Type
None
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2090
Assessor Parcel Number
6388-016-016

Location

Listing Courtesy of 24 Hour Real Estate, Michael Berdelis, DRE #01234589
Add your commute
LISTING UPDATED: 04/11/2024 03:12 AM

Property Details for 9504 Telegraph Road

StatusActive
MLS #DW23158786
Days on Market252
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1960
Lot Size0.41 AC / 17,840 SF
CountyLos Angeles County

Location

Listing Courtesy of 24 Hour Real Estate, Michael Berdelis, DRE #01234589
Add your commute

Building Information for 9504 Telegraph Road

Stories1Residences-Year Built1960Building Size-Lot Size0.41 AC / 17,840 SF

Payment Calculator

$8,032 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,094

Property Taxes

$938

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9504 Telegraph Road

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $59,100
  • Gross Scheduled Income: $59,100
  • Gross Spendable Income: $24
  • Net Operating Income: $35,825
  • Cap Rate: 2.56
Expense Details
  • Operating Expense: $23,275
  • New Taxes Expense: $17,500
  • Fuel Expense: $0
  • Electric Expense: $575
  • Insurance Expense: $3,500
  • Trash Expense: $600
  • Water Sewer Expense: $1,100
  • Total Expenses: $23,275
Tax / Assessment Info
  • Tax Tract Number: 16268
  • Tax Census Tract: 5505.01
  • Tax Lot: 50
Community / Development
Community / Development
  • Community Features: Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: None
  • Heating: None
Exterior Features
  • Roof: Composition, Tile
  • Entry Location: front porches
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Raised
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Land Use: Office, Other
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Unknown
  • Utilities: None
  • Electric: None
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage, RV Access
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage, RV Access/Parking
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,925
  • Unit Type Total Rent: $1,925
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 9504 Telegraph Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9504 Telegraph Road

Taxable ValueLand$591,077Additions$262,694Total$853,771
Tax Record2023$11,253 ($938 / month)
Home Facts
Total Finished SqFt2,090 SqFtAbove Grade Finished SqFt2,090 SqFtStories1Lot Size17,860 SqFtStyleOffice BuildingYear Built1960ZoningDOC2-P*CountyLOS ANGELESAPN6388-016-016

Schools near 9504 Telegraph Road

This home is within Downey Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Unsworth Elementary School
PublicK to 5

Doty Middle School
Public6 to 8

Downey High School
Public9 to 12

Woodruff Academy
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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9504 Telegraph Road is a mixed use property for sale in Downey, CA 90240. This property was listed for sale on August 25, 2023 by 24 Hour Real Estate, it's currently listed at $1,299,950. It has been on the market for a total of 252 days and was last sold on March 15, 2006. This listing's school district is Downey Unified School District. Nearby schools include Unsworth Elementary School, Doty Middle School and Downey High School. 9504 Telegraph Road is a 2-bed, 1-bath, 2,090 sqft mixed use property built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 24 Hour Real Estate, Michael Berdelis, DRE #01234589

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.