7836 Stewart And Gray Road, Downey, CA 90241
  • MLS#: OC24076273 ( Commercial/Residential )
  • Street Address: 7836 Stewart And Gray Road
  • Viewed: 2
  • Price: $4,495,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 191
  • Additional Information
  • County: LOS ANGELES
  • City: Downey
  • Zipcode: 90241
  • Provided by: Pacific Sotheby's Int'l Realty
  • Contact: Sean Sean
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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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Features
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 15171.00
Cable Tv Expense
  1. 0.00
Carport Spaces
  1. 15.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
  2. See Remarks
  3. Zoned
Country
  1. US
Days On Market
  1. 184
Current Financing
  1. None
Electric Expense
  1. 1200.00
Fireplace Features
  1. None
Fuel Expense
  1. 4512.00
Furniture Replacement Expense
  1. 0.00
Garage Rental Rate
  1. 0.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 1200.00
Heating
  1. Forced Air
Insurance Expense
  1. 14784.00
Laundry Features
  1. Inside
Laundry Income
  1. 0.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 78160.00
Newtaxesexpense
  1. 71000.00
Number Of Separate Electric Meters
  1. 18
Number Of Separate Gas Meters
  1. 18
Number With Range
  1. 17
Parcel Number
  1. 6246002004
Parking Features
  1. Assigned
Pest Control Expense
  1. 0.00
Pool Expense
  1. 2500.00
Pool Features
  1. Private
Professionalmanagementexpense
  1. 16353.00
Property Type
  1. Commercial/Residential
Sewer
  1. Unknown
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 412874683:CRM
Spa Features
  1. None
Suppliesexpense
  1. 0.00
Tenant Pays
  1. None
Totalactualrent
  1. 204413.00
Totalexpenses
  1. 126253.00
Trash Expense
  1. 4716.00
Uncovered Spaces
  1. 7.00
Vacancyallowance
  1. 2250
View
  1. None
Water Sewer Expense
  1. 1908.00
Water Source
  1. See Remarks
Workmanscompensationexpense
  1. 0.00
Year Built
  1. 1964
Year Built Source
  1. Assessor
Zoning
  1. DOR3-P*