8040 Stewart And Gray Road, Downey, CA 90241

$2,750,000 Approx. USD 0 beds, 0 baths
9,059 sqft

Agent Remarks

We are proud to present a rare opportunity for an investor to own a beautiful 8 unit apartment property in a great rental demand area of Downey, CA. The subject property offers significant upside in rents, and has historically benefited from high occupancy. The property is well positioned for Year on Year rental inflation and presents potential for great upside for the right investor. 8040 Stewart & Gray Rd. represents an exciting opportunity for an investor to own an newer construction 8 -unit apartment community that has been well maintained. Property consists of a great unit mix of (2) 3+2, (4) 2+2, and (2) 2+1.5 units. 8040 Stewart & Gray Apartments is located in Downey, CA. The subject property is situated in a supply constrained, in-fill neighborhood that is surrounded by a combination of well kept apartment buildings, mature single family residences, and retail & office buildings on the main thoroughfare. The property is minutes from the I-605, I-5, I-710, and I-105 Freeways.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# SB16196885
List price is $2,750,000
Beds: 0
Baths: 0
Built in 1985
9,059 sqft
1 stories
0.36 acres
Lot size: 15961.000
County: Los Angeles
Zoning: DOR3-P*
MLS area: D3 - Southwest Downey, S of Firestone, W of Downey

Last Updated: 9/8/2016

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This listing belongs to the D3 - Southwest Downey, S of Firestone, W of Downey MLS area

The listing is zoned DOR3-P.
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Lat/Long: 33.933781, -118.142891.
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Broker: Courtesy of Abu Majumder, Broker
Listing Agent: Abu Majumder

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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