7836 Stewart And Gray Road
Downey, CA 90241
0.53 acres | #OC24076273
Description
17-unit apartment building located in the city of Downey with no municipality rent control. The property has over 100% upside in rental income. Property has 6 vacant units and one unit with on-site manager. New buyer able to upgrade units and get full market price for units. Good upside. There are 22, mostly covered parking spaces. Unit mix consists of one 3 bedroom, 2 bath, ten 2 bed 1.5 bath, two 2 bed 1 bath and four 1 bed,1 bath units. Good size building at over 15,000 living square feet and 23,000 sq. ft. lot. All units have in-unit laundry hook ups
almost all units have central air and heat.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Property TypeMulti-Family
- CountyLos Angeles
- Utility SourceSeeRemarks
- Original List Price$5,750,000
- MLS #OC24076273
- MLS #OC24076273
- Property SubtypeMixedUse
- Sewer InformationUnknown
- Cost4295000
- Acres0.528
- Year Built1964
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Sean Stanfield (#HSTANFSE)
Listing Office: Pacific Sotheby's Int'l Realty (#OC07359)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
