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Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW18027125
Sold Date 05/11/18
HOA Y/N No
Year Built 1951
Annual Tax Amount $1,800
Property Description
Great Multi-Use property! Includes two parcels which are being sold together. First parcel (APN# 6388-015-001) Address is 9438 Telegraph Rd., Downey CA, is a single family residence with 3 bedroom and 1 1/2 bathrooms and a nice fireplace in living room. This home is very spacious with plenty of storage and close space throughout. Upgrades include: fresh interior paint, brand new kitchen cabinets, new formica counter tops, new sink, new stove and refrigerator. Brand new wood laminate flooring and new electrical panel recently installed, as well as a new garage door.
Second parcel (APN# 6388-015-002) is currently being used for pre-owned auto sales ( office and auto lot) . Office is in original condition and this business has been established for over 20 years. Also has a large garage structure which can be used for storage and mechanical work. Great area for businesses to thrive! Local businesses have been established for many years. Close to 605 and 5 freeways and driving distance from many of the great restaurants and shopping centers that the city of Downey has to offer. Permitted uses for both parcels attached in supplements. Combined square footage is 2163 and combined lot sizes are 21,326 sq ft. Great opportunity for owner/user. Seller motivated!
Location
State CA
County Los Angeles
Area D1 - Northeast Downey, N Of Firestone, E Of Downey
Zoning C-2
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Inside
Exterior
Fence Block, Chain Link
Utilities Available Electricity Available, Natural Gas Available, Other, See Remarks
Roof Type Composition
Building
Lot Description Level, Yard
Story 1
Water Public
Others
Tax ID 6388015002
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Frank Agulto • Frank Agulto, Broker