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The Weglarz Team

Downey CA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Downey, CA is $834,500. This is higher than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Downey, CA is $834,500. Approximately 48% of Downey homes are owned, compared to 48% rented, while 4% are vacant. Downey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Downey real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
2,090
Status:
Active
MLS#:
DW23158794
Type:
Mixed Use, Business Opportunities
Lot size:
0.41 Acres
Year built:
1960
Listing Agent: Michael Berdelis - 24 Hour Real Estate, 562-818-6111
View additional info

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.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Based on information from CRISNet MLS as of 6/8/2024. 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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