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8037 Stewart And Gray Rd, Downey, CA 90241
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8037 Stewart And Gray Rd Downey, CA 90241

$2,800,000 Sold Price as of 04/26/2021
  • -- Beds
  • -- Baths
  • 9,107 Sq.Ft.
Sold
$2,800,000 Sold Price as of 04/26/2021 Refinance Your Mortgage
Map preview of 8037 Stewart And Gray Rd, Downey, CA 90241

Property Overview: 8037 Stewart And Gray Rd Downey, CA has -- bedrooms, -- bathrooms, 9,107 living square feet and 14,512 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity in a growing market. Building consists of eight 2BD + 2 BTH units and two 3BD + 2 BTH. 100% occupied - do not disturb tenants. Opportunity to decrease expenses through operational efficiencies and upside in rents. Please contact for more information and offering memorandum. Interested parties should perform and rely upon their own investigations, analyses, estimates and projections and otherwise satisfy any concerns regarding material aspects of the proposed transaction.

Listed by Federico Salvatori | BRE #01946937 | eXp Realty of California Inc
Last checked: 8 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
14,512
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Other
Status
Sold
MLS#
21697478
City
Downey
County
Los Angeles
Time on Site
338 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.2%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $15,724
  • Net Operating Income: $118,698
  • Gross Operating Income: --
  • Laundry Income: $92
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8037 Stewart And Gray Rd

Interior Features
Laundry Information
  • Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 15
Lot Information
  • Lot Size Source: Survey
Property Information
  • Parcel Number: 6255019018
Location / Neighborhood
Location Information
  • Directions: On Stewart And Gray Rd (cross street Paramount Blvd)
View more facts & features

Local Downey Agent

Sale History for 8037 Stewart And Gray Rd

Last sold for $2,800,000 on April 26th, 2021

  • April, 2021

  • Apr 26, 2021

    Date

    Sold

    CRMLS: 21697478

    $2,800,000

    Price

  • Feb 25, 2021

    Date

    Active

    CRMLS: 21697478

    $2,795,000

    Price

  • October, 1998

  • Oct 30, 1998

    Date

    Sold (Public Records)

    Public Records

    $655,000

    Price

Show More

Tax History for 8037 Stewart And Gray Rd

Assessed Value (2020): $939,495
Year Land Value Improved Value Assessed Value
2020 $262,318 $677,177 $939,495

Home Value Compared to the Market

This property vs the competition

8037 Stewart And Gray Rd sold on April 26, 2021 for 205.46% higher than the current median sold price for the city of Downey which is $915,000. The median sold price per/sqft for Downey is $533 and this home is sold at $306.91 per/sqft which puts the price per square foot 42.42% lower than the current median sale per square foot for the city of Downey.

About 8037 Stewart And Gray Rd

Detailed summary of property

8037 Stewart And Gray Rd is a other that recently sold in Downey, CA 90241. This property offered -- bedrooms, -- bathrooms, roughly 9,107 living square feet, and sits on an approximately 14,512 square foot lot. 8037 Stewart And Gray Rd was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $2,800,000. Home in Downey are selling for a median price of $915,000 and a median price per square foot of $533. Based on Ardent Real Estate Group's Downey Market Data, this home is sold 205.46% higher than the current median priced home. Local homes that are currently for sale include 1036 W 95th St, 15851 Whittier Blvd and 1756 Pacific Ave. While the average home in Downey, CA is selling in 44 days, 8037 Stewart And Gray Rd has a days on market of 14 days. There are currently 92 homes for sale in the Downey real estate market and 80 of them are single family homes while 6 of them are condos and 6 are townhomes. For more information on this home for sale at 8037 Stewart And Gray Rd Downey, CA 90241 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 8037 Stewart And Gray Rd

Public county record property details
Beds
--
Baths
13
Year built
1964
Sq. Ft.
9,107
Lot Size
14,512
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
6255-019-018

The source for these homes facts are from public records.

90241 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$879,999
Median List Price/Sq.Ft.
$511
Median Sold Price
$1,220,000
Median Sold Price/Sq.Ft.
$585
Total Inventory
36
Median Sale to List Price %
101.75%
Avg Days on Market
15
Loan Type
Conventional (70%), FHA (0%), VA (10%), Cash (20%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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