9504 Telegraph Rd Downey, CA 90240
Estimated payment $8,128/month
Highlights
- RV Access or Parking
- Corner Lot
- 2 Car Garage
- Unsworth Elementary School Rated A-
- Laundry Room
- Wood Fence
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
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
- Entry on the 1st floor
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $1,350,000 | -- | $646 / Sq Ft |
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 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $487,500 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25164981
APN: 6388-016-016
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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