Downey, CA 90241,7836 Stewart And Gray RD
Downey, CA 90241,7836 Stewart And Gray RD
Downey, CA 90241,7836 Stewart And Gray RD
24
$4,030,000
$3,999,000
0.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

0.53 Acres Lot

7836 Stewart And Gray RD Downey, CA 90241

Est. payment /mo
SOLD DATE : 03/02/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $4,030,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CROC24076273

Sold Date 03/02/25

Originating Board California Regional MLS

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. Value andded Asset. The property has over 100% upside in rental income. Property has 7 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

Interior

Heating Forced Air

Cooling Central AC, Other, 9

Laundry Other

Exterior

Parking Features Assigned Spaces

Garage Spaces 22.0

Pool 31, Pool - Yes

View None

Building

Sewer TBD

Water Other

Others

Tax ID 6246002004

Special Listing Condition Not Applicable

Read Less


MLS Listing IDX PLUS
Listed by Sean Stanfield • Pacific Sotheby's Int'l Realty
Bought with General NONMEMBER

GET MORE INFORMATION

agent

Madhu Sarkar

Agent | License ID: 01702931

+1(650) 504-7768

Name
Phone*
Message