Active
7836 Stewart And Gray Road
Downey CA, 90241
$4,495,000
$296.29 per sqft
Active
15,171 sqft
Multi-family
Built in 1964
Listed by Sean Stanfield with Pacific Sotheby's Int'l Realty 7144213377
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.
OC24076273
MLSⓇ ID
May 13, 2024
Listed
October 17, 2024
Updated
Map
7836 Stewart And Gray Road
Downey CA, 90241
Interior Features
Total Stories
2
Laundry Description
Inside
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air, See Remarks, Zoned
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.53 Acres
Lot Features
0-1 Unit/Acre
Sewer
Unknown
Other Property Details
Area Name
D3 - Southwest Downey, S of Firestone, W of Downey
Days on Market
127
Garage
No
Parking
Assigned
Parking Total
22
View
No
View Description
None
County
Los Angeles
Water Source
See Remarks
Pool
Yes
Pool Features
Private
Zoning
DOR3-P*
Listing History
Date | Event | Price |
|---|---|---|
9/4/2024 | Price change | $4,495,000 -5% |
8/7/2024 | Price change | $4,695,000 -7% |
6/25/2024 | Price change | $4,999,000 -6% |
6/4/2024 | Price change | $5,295,000 -8% |
Listing Contact: 714-587-2408
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/17/2024 at 10:17 AM UTC