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7836 Stewart And Gray Road

Downey, CA 90241

– beds
– baths
– sqft
~1/2 acre lot
1964 build
– on site

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.

Listed By CRMLS_CA / Sean Stanfield / Pacific Sotheby's Int'l Realty / 7144213377

Last checked: Checking… • Last updated Nov 11, 2024 •

MLS# OC24076273 —

The Building

Year Built:

1964
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

15171.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

17
Stories Total:

2
# of Separate Gas Meters:

18
# of Separate Water Meters:

1
# of Separate Electric Meters:

18

Interior

Levels:

Two
Entry Location:

1
Fireplace:

No
Fireplace:

None
Laundry:

Inside
Laundry:

1

Location

Directions:

Stewart & Gray
Latitude:

33.93603700
Longitude:

-118.14714300

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

DOR3-P*
Lot Features:

0-1 Unit/Acre
Lot Size Area:

23000.0000
Lot Size Acres:

0.5280
Lot Size SqFt:

23000.00
Lot Size Source:

Assessor
View:

None
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5515.02
Tax Tract:

12220
Tax Lot:

10

The Listing

Special Listing Conditions:

Standard, Trust
Parcel Number:

6246002004

Heating & Cooling

Heating:

1
Heating:

Forced Air
Cooling:

Yes
Cooling:

Central Air, See Remarks, Zoned

Utilities

Sewer:

Unknown
Water Source:

See Remarks

The Community

Senior Community:

No
Features:

Suburban
Pool:

Private
Private Pool:

Yes
Spa Features:

None
Association:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

22.00
Uncovered Spaces:

7.00
Carport Spaces:

15.00

Extra Units

Average 1 Bed Area:

700
Average 2 Bed Area:

950
Average 3 Bed Area:

1200
Number With Refrigerator:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/4/24 Sep 4, 2024	Price Changed	CRMLS_CA	$4,495,000	-4.3%
8/7/24 Aug 7, 2024	Price Changed	CRMLS_CA	$4,695,000	-6.1%
6/25/24 Jun 25, 2024	Price Changed	CRMLS_CA	$4,999,000	-5.6%

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This multifamily located in Southeast La, Downey, CA 90241 is currently for sale for $4,495,000. 7836 Stewart And Gray Road is a – square foot multifamily with – beds and – baths that has been on Estately for 189 days. 7836 Stewart And Gray Road is in the Southeast La neighborhood of Downey and has a WalkScore® of 66, making it somewhat walkable. This multifamily is in the attendance area of Old River Elementary School, Warren High School, Stauffer Middle School, and Williams Elementary School.

Listing Courtesy of: CRMLS_CA and Pacific Sotheby's Int'l Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 23:58 on Nov 17.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.