For more information regarding the value of a property, please contact us for a free consultation.
7836 Stewart And Gray RD Downey, CA 90241
Want to know what your home might be worth? Contact us for a FREE valuation!

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

© 2025 MLSListings Inc. All rights reserved.
Bought with General NONMEMBER