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$1,200,000

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6 BD

4 BA

8,781 Sqft Lot

Pending

7524 Stewart And Gray Road Downey, CA 90241

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Kurt Wannebo

kurt@wanneboreg.com +1(858) 405-5878

UPDATED:

02/20/2025 07:01 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PV25018325

Bedrooms 6

HOA Y/N No

Lot Size 8,781 Sqft

Property Sub-Type Res Income 2-4 Units

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.
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.

Location

State CA

County Los Angeles

Area Downey (90241)

Zoning Appraiser

Interior

Cooling Central Forced Air, Wall/Window

Appliance Forced Air Unit

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Monthly Total Fees $148

Acceptable Financing Cash

Space Rent $600

Listing Terms Cash

Listed by Peggy Higuchi • Berkshire Hathaway HomeService

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Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

7524 Stewart And Gray Road Downey, CA 90241

Kurt Wannebo

Key Details

Location

Interior

Exterior

Building

Others

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7524 Stewart And Gray Road