Hot Offer
Active
Property Description
17-unit apartment building located in the city of Downey with no municipality rent control. First time ever on the market, the property has over 100% upside in rental income. Property will soon have 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 square feet and 23,000 sq. ft. lot.all units have in-unit laundry hook ups
almost all units have central air and heat
Features
: Private
: Forced Air
: Zoned, Central Air, Seeremarks
: No
: No
: 22
: Assigned
Address Map
U.S.
California
Los Angeles
Downey
90241
7836 Stewart And Gray Road
0
W119° 51' 10.3''
N33° 56' 9.7''
MLS Addon
$0
15,171 Sqft
: No
: No
15
114
Stewart & Gray
0
: No
2
sbiehdav
Residential Income For Sale Downey
7836 Stewart And Gray Road, Downey, Los Angeles, California, 90241
23,000 Acre
Visits : 8 in 129 days
$4,495,000
Listing ID #OC24076273
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : OC24076273
Price : $4,495,000
Year Built : 1964
Lot Area : 23,000 Acre
Status : Active
Property Sub Type : Mixed Use
Agent info
Damian M. Ramirez
- View website
- (714) 292-7224
- (714) 292-7224
- (800) 243-0149
- 01974515
- 1213238
- PWDAMRA
Broker
A level-headed and composed professional.Â
Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
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