7836 Stewart And Gray Road
Downey, CA 90241
$1,255,000.00 (-21.83%)
Active for $4,495,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 23,000 sqft
| MLS | OC24076273 |
| Year Built | 1964 |
| Property Type | Mixed Use |
| County | Los Angeles |
| Status | Active |
| Active | $4,495,000 |
| Structure Size | N/A sqft |
| Lot Size | 23,000 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Sean Stanfield, Pacific Sotheby's Int'l Realty . *Based on information from the Association of REALTORS/Multiple Listing as of 10/19/2024 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.
Location
Contact a Local Realtor®
Jon Javier Otworth
REALTOR®
Direct: 818.564.5062
Email: Email Me
DRE: 01491726
DRE #01873088
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