7524 Stewart and Gray Road

Downey CA 90241

0.2 ac.

Multi-Family

Last sold for $1,300,000

Peggy Higuchi, last sold this property on 23 May 2025 after -44 days on market.

Overview

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.

Features

6 bedrooms

4 bathrooms

0.2 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 6 bedroom multi families sold in Downey over the last 12 months.

Property history for 7524 Stewart and Gray Road

2025

Sold

$1,300,000

23 May 2025 by Peggy Higuchi, of Berkshire Hathaway HomeService

Happy sellers in Downey

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