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.
MLS #
CROC24076273
MLS Source
California Regional MLS
Days on Site
230
Appliances
Other
Cooling
Central Forced Air, Other
Heating
Forced Air
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Water
Other
HOA Fee
$0
Listing Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
License #: 01024996
Phone: (714) 421-3377
Co-Listing Agent
David Biehler
License #: 01030261
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 17 | – |
7836 Stewart and Gray Rd is a Residential Income in Downey, CA 90241. This – square foot property sits on a 23,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,295,000 and was built in 1964.
This address can also be written as 7836 Stewart and Gray Rd, Downey, CA 90241.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 19, 2024. For the most current information, please contact Sean Stanfield, (714) 421-3377