7524 Stewart And Gray Road

Description

Opportunity knocks! FIVE-unit Apartment building with SIX-car garage PLUS SIX additional parking spaces built in 1973. Located in POSH & TONEY Downey neighborhood. EASY access to 605, 105, 710 & 5 FREEWAYS. WALK to Downey Unified Schools. MINUTES to Los Amigos Golf Course & Rio Hondo Golf Club. NEARBY shopping, restaurants, take-out and coffee houses at Promenade, Downey Landing and Stonewood Center. CONVENIENT to Hospitals, Kaiser Permanente & Los Amigos National Rehabilitation Center. MIXED units include: ONE 3 Bed/2 Baths includes MASTER EN-SUITE w/3/4 BA and walk-in closet, spacious living, dining, balcony, forced air heating/air conditioning, kitchen, inside laundry, water heater. TWO 2 Bed/1 Bath includes spacious living, dining, kitchen, forced air heating, wall air conditioner, inside laundry, water heater. TWO 1 Bed/1 Bath living, dining, kitchen, wall heater, wall air conditioner, inside laundry, water heater. FIVE SEPARATE gas and SIX electric meters. FIRST TIME ON MARKET. VALUE-ADD property with UPSIDE POTENTIAL. ON HOLD AS OF 2/9 - SELLER REVIEWING ALL OFFERS.

Listing information courtesy of: Peggy Higuchi, Berkshire Hathaway HomeService 310-544-5091. *Based on information from the Association of REALTORS/Multiple Listing as of 02/13/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.