Active
7836 Stewart And Gray RD
DOWNEY CA, 90241
$4,495,000
$296.29 per sqft
Active
8 Beds
6 Baths
15,171 sqft
Multi-family
Built in 1964
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.
OC24076273MR
MLSⓇ ID
May 8, 2024
Listed
September 18, 2024
Updated
Map
7836 Stewart And Gray RD
DOWNEY CA, 90241
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
6
Laundry Description
Inside
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central, See Remarks, Zoned
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.53 Acres
Sewer
Unknown
Other Property Details
Area Name
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% |
Listed by Sean Stanfield with Pacific Sotheby's Int'l Realty
Listing Contact: 7144213377
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Christie’s International Real Estate Southern California shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/18/2024
