$4,495,000
 $24,130 est/mo Sourced by Back At You

7836 Stewart And Gray Road , Downey, CA 90241

Downey, CA 90241

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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.

Details

MLS#OC24076273
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1964
Days On Site174
Listing Provided ByPacific Sotheby's Int'l Realty 714-587-2408 | Sean Stanfield

Features

SQ Feet15,171
Car PortYes
PoolYes
Story(s)2
Units17
Building(s)1
ZoningDOR3-P*
Acreage0.53
Property ViewNone

Market Activity 90241

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 5 minutes ago
StateCA
CountyLos Angeles
CityDowney
Zip Code90241
AreaD3 Southwest Downey | S of Firestone | W of Downey
Listing VS Median (in 90241)
Price:
$4,495,000
low | high
Med:
$902,500
100% of Average
SqFt:
15,171
low | high
Med:
1,275
100% of Average
$ / SqFt:
$296
low | high
Med:
$717
92.13240485439% of Average
On Site:
174
low | high
Med:
435.000000
40% of Average
Sourced by Back At You
Listing Updated: October 1, 2024 at 12:19:28 PM PDT