$1,350,000

9504 Telegraph Rd Downey, CA 90240

Estimated payment $8,312/month

Total Views 6,980
2 Beds
1 Bath
2,090 Sq Ft
$646 Price per Sq Ft

Highlights

  • RV Access or Parking
  • 0.41 Acre Lot
  • Laundry Room
  • Unsworth Elementary School Rated A-
  • Corner Lot
  • 2 Car Garage

About This Home

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, but can be delivered vacant. 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 Agent

Michael Berdelis

24 Hour Real Estate Brokerage Phone: 562-818-6111 License #01234589 Listed on: 07/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,634

Year Built

  • Built in 1960

Lot Details

  • 0.41 Acre Lot
  • No Common Walls
  • Wood Fence
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Home Design

  • Raised Foundation
  • Tile Roof
  • Composition Roof

Interior Spaces

  • 2,090 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Suburban Location

Utilities

  • No Heating
  • No Utilities
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 16268
  • Assessor Parcel Number 6388016016
  • $1,186 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $575
  • Insurance Expense $3,500
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $16,875
  • Operating Expense $22,750
  • Gross Income $70,800
  • Net Operating Income $48,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,634

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • CapRate: 3.56
  • Price Per Unit: 450000
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: DOC2-P*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6388016016
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: front porches
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 645.93

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Tile

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: None
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Unknown
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 17840.00
  • Lot Size Acres: 0.4096

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 575.00
  • Gross Income: 70800.00
  • Gross Scheduled Income: 70800.00
  • Gross Spendable Income: 19.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 17840.0000 Square Feet
  • Net Operating Income: 48050.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 22750.00
  • Rent Control: No
  • Total Actual Rent: 5900.00
  • Total Expenses: 22750.00

Tax Info

  • New Taxes Expense: 16875.00
  • Tax Census Tract: 5505.01
  • Tax Lot: 50
  • Tax Tract Number: 16268
  • TaxOtherAnnualAssessmentAmount: 1186.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,634 $888,260 $614,955 $273,305
2024 $11,634 $870,845 $602,898 $267,947
2023 $11,253 $853,771 $591,077 $262,694
2022 $10,713 $837,032 $579,488 $257,544
2021 $10,325 $820,621 $568,126 $252,495
2019 $10,272 $796,282 $551,276 $245,006
2018 $9,876 $780,669 $540,467 $240,202
2016 $9,398 $750,357 $519,481 $230,876
2015 $9,268 $739,087 $511,678 $227,409
2014 $8,761 $724,610 $501,655 $222,955
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Sale $1,350,000 -- $646 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Grant Deed $650,000 Ticor Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $749,999 Commercial
Previous Owner $90,000 Commercial
Previous Owner $487,500 Commercial
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25164981

California Regional Multiple Listing Service (CRMLS)

APN: 6388-016-016