7524 Stewart And Gray Road, Downey, CA 90241
- $1,300,000
- Sold Price
- $1,300,000
- List Price
- $1,200,000
- Closing Date
- May 23, 2025
- Status
- CLOSED
- MLS#
- PV25018325
- Year Built
- 1976
- Lot Size
- 8,781
- Acres
- 0.20
- Days on Market
- 7
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Apartment
- Stories
- One Level
Property Description
Opportunity knocks! FIVE-unit Apartment building with SIX-car garage PLUS SIX additional parking spaces built in 1973. Located in POSH & TONEY Downey neighborhood. EASY access to 605, 105, 710 & 5 FREEWAYS. WALK to Downey Unified Schools. MINUTES to Los Amigos Golf Course & Rio Hondo Golf Club. NEARBY shopping, restaurants, take-out and coffee houses at Promenade, Downey Landing and Stonewood Center. CONVENIENT to Hospitals, Kaiser Permanente & Los Amigos National Rehabilitation Center. MIXED units include: ONE 3 Bed/2 Baths includes MASTER EN-SUITE w/3/4 BA and walk-in closet, spacious living, dining, balcony, forced air heating/air conditioning, kitchen, inside laundry, water heater. TWO 2 Bed/1 Bath includes spacious living, dining, kitchen, forced air heating, wall air conditioner, inside laundry, water heater. TWO 1 Bed/1 Bath living, dining, kitchen, wall heater, wall air conditioner, inside laundry, water heater. FIVE SEPARATE gas and SIX electric meters. FIRST TIME ON MARKET. VALUE-ADD property with UPSIDE POTENTIAL. ON HOLD AS OF 2/9 - SELLER REVIEWING ALL OFFERS.
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Additional Information
- Other Buildings
- Second Garage
- Appliances
- Dishwasher, Disposal, Gas Range, Range Hood, Water Heater
- Pool Description
- None
- Heat
- Forced Air, Wall Furnace
- Cooling
- Yes
- Cooling Description
- Central Air, Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Stucco
- Roof
- Composition
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down, Bedroom on Main Level
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $46,284
- Operating Expense
- 14664
Listing courtesy of Listing Agent: Peggy Higuchi (peghiguchi@aol.com) from Listing Office: Berkshire Hathaway HomeService.
Listing sold by Peggy Higuchi from Berkshire Hathaway HomeService
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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.