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Property 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.
Features
: Private
: Forced air
: See remarks, Zoned, Central Air
2
1
: Inside
0
: Suburban
Additional Information
Pacific Sotheby's Int'l Realty
0
HSTANFSE
OC07359
Sean
6246002004
: Standard, Trust
Two
25
Multi-Family For Sale
7836 Stewart And Gray Road, Downey, California 90241
15,171 Sqft
$4,295,000
Listing ID #OC24076273
Basic Details
Status : Active
DaysOnMarket : 194
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : OC24076273
Price : $4,295,000
Living Area : 15,171 Sqft
Lot Size : 23,000 Sqft
Year Built : 1964
Country : US
State : California
County : Los Angeles
City : Downey
Zipcode : 90241
Price Per Square Foot : $283
ModificationTimestamp : 2024-11-23 14:30:08