7415 Stewart And Gray Road Unit 2, Downey, CA 90241

$1,288,000

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Sold Price
$1,288,000
List Price
$1,325,000
Closing Date
May 14, 2025
Status
CLOSED
MLS#
OC24223991
Year Built
1969
Lot Size
7,195
Acres
0.17
Lot Location
Rectangular Lot, Street Level
Days on Market
46
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Fourplex in Downey! This property is ideally located and has lots of potential. Close to schools, parks, sports parks, restaurants, shopping, access to freeways, a hospital, two golf courses (Los Amigos Golf Course and Rio Hondo Golf Club), and the Rancho Los Amigos National Rehabilitation Center which is nationally recognized as a top 20 rehabilitation center! A great opportunity for the next owner/investor. Two 2 bed / 2 bath units and two 2 bed / 1 bath units. All four units come with a covered carport space and additional parking space. Tenants will appreciate the carport's built in lockable storage and the new coin operated community washer and dryer.

Additional Information

Appliances
Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer
Pool Description
None
Heat
Forced Air
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$78,420
Operating Expense
12323

Listing courtesy of Listing Agent: Chris Heaton (chris@revivalrealtyoc.com) from Listing Office: Revival Lending.

Listing sold by Micah Stovall from Seven Gables Real Estate

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.