$4,495,000
- Beds
- Unknown
- sq ft
- 15,171
7836 Stewart And Gray Rd, Downey, CA 90241
7836 Stewart And Gray Rd
Downey, CA 90241
- 145 days on market
- Price drop $200,000↓
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.
Details
Property type
Mixed Use
Lot size
0.528 acres
Price per sq ft
$297
Year built
1964
Price History
09/04/2024
CRMLS #OC24076273
Price change
$4,495,000
-4.26%
08/07/2024
CRMLS #OC24076273
Price change
$4,695,000
-6.08%
06/25/2024
CRMLS #OC24076273
Price change
$4,999,000
-5.59%
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Suburban
Community features:
Suburban
Status: Active
Tomo last checked: 10/04/2024 at 8:55 PM
Listing updated: 09/17/2024 at 1:01 PM
Listed by: Sean Stanfield, Pacific Sotheby's Int'l Realty Phone #: (714) 587-2408
MLS: CRMLS #OC24076273
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