$ 4,295,000
7836 Stewart And Gray Road Downey, CA 90241
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Listed by Sean Stanfield • Pacific Sotheby's Int'l Realty
$ 4,295,000
Est. payment /mo
Active
7836 Stewart And Gray Road Downey, CA 90241
15,171 SqFt
UPDATED:
11/24/2024 06:38 AM
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
HOA Y/N No
Originating Board Datashare California Regional
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
Fireplace No
Laundry Inside
Exterior
View None
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