The median home value in Downey, CA is $800,000.
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 $800,000.
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!
Learn more about Downey.
Welcome to 8460 Telegraph Rd, Downey - a unique property opportunity you won't want to miss! This corner lot, spanning an impressive 22,984 square feet, is perfectly situated at the intersection of Telegraph Road and Stoakes Avenue. As an added bonus, it features a well-appointed office building encompassing 1,942 square feet. Here's what makes this property truly special:Prime Location: Situated on a bustling corner, this property enjoys high visibility and convenient access. It's a prime spot for various business ventures and investments. Generous Lot Size: With 22,984 square feet of land, there's ample space for expansion or customization, making it a versatile option for a wide range of possibilities.Office Building: The 1,942 square foot office building on the property offers great potential for offices, retail space, or even conversion into something entirely unique.City Development: The city of Downey is on the move, with exciting plans in motion, including the addition of a nearby Raising Canes establishment on the same street. This indicates a growing and vibrant community, making this property an excellent choice for those looking to tap into a thriving market.In a city as dynamic as Downey, this property presents a fantastic opportunity for investors, business owners, or those seeking to create a distinctive space in a rapidly evolving area. Don't miss your chance to be a part of the exciting developments in this bustling city. Schedule a viewing today to explore the potential that 8460 Telegraph Rd has to offer. Please check with the City on what could be built...
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.