$3,999,000
15,171 Sqft
23,000 Sqft

7836 Stewart And Gray Road, Downey, CA 90241

  • Commercial Sale Property Type
  • 285 Days Days On Market
  • 1964 Year Built
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.

Basic Details
Commercial Sale
Other
Pending
CROC24076273
$3,999,000
None
285
15,171 Sqft
1964
23,000 Sqft
0.53 Acre
Pending
Features
: Forced Air
: Zoned, Central Air, See Remarks
Other Water/Sewer, Water/Sewer See Remarks
: Inside
: Assigned
Address Map
CA
Los Angeles
Downey
90241
Stewart And Gray Road
7836
W119° 51' 10.3''
DOR3
Stewart & Gray
Additional Info
Pacific Sotheby's Int'l Realty
Sean Stanfield
sean@stanfieldrealestate.com
Pending
For Sale
Price History
05/13/2024
$5,750,000
$4,250,000
Additional Information
15171
Listing Information
2025-02-22T23:36:43Z
David Biehler
Pacific Sotheby's Int'l Realty
BayEast
CR286617
CR273235175
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    Seshu Tirumalashetty
    Realty++
    Lakshmi Suneeta Chinta
    Realty++
    Rekha Mahalingam
    Realty++
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