7836 Stewart And Gray Road

About This Property

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.

Unit Mix

• 1 unit · 3bd / 2ba
• 1 unit · 1bd / 1ba
• 1 unit · 2bd / 2ba
• 1 unit · 2bd / 1ba

Neighborhood

This property is located in Downey. Want to learn more about the area?