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8207 Stewart And Gray Rd
Downey, CA 90241
The Normandy · Multifamily Property For Sale
·
25 Units
Investment Highlights
- Ideal Mix of One and Two Bedroom Units with Individual Meters
- Approximate 5.5% Current Cap Rate and Over 6% on Market
- Well-Maintained and Gated Property with Mostly Upgraded Units
- Desirable Downey Location with Frontage on Stewart and Gray Rd.
Property Facts
| No. Units | 25 | Building Size | 16,946 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 2.07/1,000 SF |
| Lot Size | 0.75 AC | ||
| Zoning | DOR15000* - Detached One-Residential | ||
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.75 AC |
| Building Size | 16,946 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 2.07/1,000 SF |
| Zoning | DOR15000* - Detached One-Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,525 | 500 |
| 1+1 | 14 | $1,850 | 600 |
| 2+1 | 10 | $2,316 | 800 |
Property Taxes
| Parcel Number | 6255-018-017 | Improvements Assessment | $3,196,249 |
| Land Assessment | $2,130,833 | Total Assessment | $5,327,082 |
Property Taxes
Parcel Number
6255-018-017
Land Assessment
$2,130,833
Improvements Assessment
$3,196,249
Total Assessment
$5,327,082
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