7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
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7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
7836 Stewart And Gray Road
For Sale

7836 Stewart And Gray Road

7836 Stewart And Gray Road, Downey, CA 90241

$4,495,000
17-unit apartment building located in the city of Downey with no municipality rent control. First time ever on the market, the property has over 100% upside in rental income. Property will soon have 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 square feet and 23,000 sq. ft. lot.all units have in-unit laundry hook ups
almost all units have central air and heat

15,171 Sq.Ft. LIVING AREA

0.53 Acres lot

Features & Amenities

Interior

  • Laundry room Inside
  • Fireplace None

Area & Lot

  • Status For Sale
  • Living Area15,171 Sq.Ft.
  • Lot Area0.53 Acres
  • MLS® IDOC24076273
  • TypeMulti-Family
  • YEAR BUILT1964
  • View DescriptionNone

Exterior

  • STORIES2
  • water SourceSee Remarks
  • PoolPrivate
  • lot features0-1 Unit/Acre
  • parkingAssigned
  • HEAT TYPEForced Air
  • AIR CONDITIONINGCentral Air, See Remarks, Zoned
  • sewerUnknown

Financial

  • Sales Price$4,495,000
  • Maintenance Fee $7,980/mo
  • Zoning DOR3-P*

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