7836 Stewart And Gray Road Active

Downey,CA 90241

$ 4295000

- Bed

0 Bath

15171 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 15,171 sqft

Price per Sqft $283

MLS Listing ID OC-24076273

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

Zoning DOR3-P*

Interior

Heating Forced Air

Cooling Central Air,Zoned,See Remarks

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

Sewer Unknown

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