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listing
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Residential IncomeFor Sale
$4,495,000
7836 Stewart And Gray Road
Downey, CA 90241
Listed by Sean Stanfield DRE#01024996 [email protected] Pacific Sotheby's Int'l Realty
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$23,302/mo

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.

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Information courtesy of Pacific Sotheby's Int'l Realty is subject to verification and is not guaranteed.
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