7836 Stewart And Gray Road Downey, CA $ 5,295,000
7836 Stewart And Gray Road
$ 5,295,000
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7836 Stewart And Gray Road

Downey, CA, 90241
$ 5,295,000
Bedrooms3 Baths2.0 Sq 15,171

Monthly Estimate*

$ 35,192

Listed by Pacific Sotheby's Int'l Realty
7836 Stewart And Gray Road, Downey, CA 90241 - Image 1
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Multi-Family Home for sale in Downey, CA

for $5,295,000 with 3 bedrooms and 2 full baths. This 15,171 square foot home was built in 1964 on a lot size of 0.528.

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. 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.

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Multi-Family Active

Price

$ 5,295,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

MixedUse

Lot Size

0.528

Year Built

1964

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

OC24076273

Days on Market

26

Features
General
Sewer Unknown
Heating ForcedAir
Cooling CentralAir SeeRemarks Zoned
Zoning DOR3-P*
HOA 0.0
Garage Spaces 0.0
Pool Features Private
Year Built 1964
Tenant Pays None
View None
Stories 2
Levels Two
Property SubType MixedUse
Gross Income 204413.0
Community Features Suburban
County Los Angeles
Net Operating Income 78160.0
Operating Expense 126253.0
Insurance Expense 14784.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard Trust
Status Active
Directions Stewart & Gray
City Downey
Entry Location 1
View Y/N N
Senior Community Y/N N
Open Parking Spaces 7.0
NumberOfUnitsTotal 17
MLS Area D3 - Southwest Downey S of Firestone W of Downey
Lot Size Units SquareFeet
Lot Size Square Feet 23000.0
Private Pool Y
Waterfront Y/N N
Carport Spaces 15.0
Carport Y/N Y
Number of Units Leased 17
Street Name Stewart And Gray
Listing Terms CashtoNewLoan Conventional
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 1200.0
Home Warranty Y/N N
Current Financing None
Fuel Expense 4512.0
Trash Expense 4716.0
Water Sewer Expense 1908.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 22
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 10
Total Actual Rent 204413.0
Property Sub Type Additional MixedUse
Taxes 71000.0
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Exterior
Parking Features Assigned
Lot Features Item01UnitAcre
Water Source SeeRemarks
Total Parking 22.0
Lot Size Area 23000.0
Number of Buildings 1
Spa N
Building Area Total 15171.0
Lot Size Acres 0.528
Lot Size Source Assessor
Pool Charge 2500.0
Number of Separate Water Meters 1
Number of Separate Gas Meters 18
Number of Separate Electric Meters 18
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Road
Laundry Features Inside
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 7836
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* Excluded Features
List By
Pacific Sotheby's Int'l Realty

Broker

(714) 421-3377

Phone

Affordability Calculator

$35,192
Per Month
100%
0%
0%
Monthly Principal & Interest
$35,192
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2024$5,295,000 -7.91% Price Down
5/13/2024$5,750,000 Listed Price

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7836 Stewart And Gray Road, Downey, CA, 90241 is a Multi-Family Home for sale at $5,295,000 with 15,171 sqft and a lot size of 0.528. 7836 Stewart And Gray Road has 3 bedrooms, 2.0 baths, and was built in 1964. The property's zip code is 90241 which is in Downey, CA