7836 Stewart And Gray RD Active Save Request In-Person Tour Request Virtual Tour
Downey,CA 90241
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24076273
Year Built 1964
Lot Size 0.528 Acres
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.
Location
State CA
County Los Angeles
Area D3 - Southwest Downey, S Of Firestone, W Of Downey
Zoning DOR3-P*
Interior
Heating Forced Air
Cooling Central Air,See Remarks,Zoned
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Assigned
Pool Private
Community Features Suburban
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Unknown
Water See Remarks
New Construction No
Others
Acceptable Financing Cash to New Loan,Conventional
Listing Terms Cash to New Loan,Conventional
Special Listing Condition Standard,Trust