7836 Stewart And Gray Road Active

Downey,CA 90241

$ 4295000

- Bed

- Bath

15171 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 15,171 sqft

Price per Sqft $283

MLS Listing ID CROC24076273

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

Interior

Heating Forced Air

Cooling Central Air,Zoned,See Remarks

Laundry Inside

Exterior

View None

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