Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    7836 Stewart And Gray Road, Downey, CA 90241
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    7836 Stewart And Gray Road
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    • MLS#: OC24076273 ( Commercial/Residential )
    • Street Address: 7836 Stewart And Gray Road
    • Viewed: 10
    • Price: $4,250,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1964
    • Bldg sqft: 0
    • Days On Market: 246
    • 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. Added Value Asset. The property has over 100% upside in rental income. Property has 7 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. 240
    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
    Views
    1. 10
    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*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836