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Backup Offers

7415 Stewart And Gray Rd Unit 2, Downey, CA, 90241

$1,325,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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7415 Stewart And Gray Rd Unit 2, Downey$1,325,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDetached Carport, Private, One Space
Year Built1969
HeatingForced Air
CoolingWall/Window Unit(s)
FireplaceNone
ViewNone
MLS #OC24223991
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7415 Stewart And Gray Rd Unit 2

Fourplex in Downey! This property is ideally located and has lots of potential. Close to schools, parks, sports parks, restaurants, shopping, access to freeways, a hospital, two golf courses (Los Amigos Golf Course and Rio Hondo Golf Club), and the Rancho Los Amigos National Rehabilitation Center which is nationally recognized as a top 20 rehabilitation center! A great opportunity for the next owner/investor. Two 2 bed / 2 bath units and two 2 bed / 1 bath units. All four units come with a covered carport space and additional parking space. Tenants will appreciate the carport's built in lockable storage and the new coin operated community washer and dryer.

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Stories: 2

Listing Office:

  • Office Name: Revival Lending
  • Office Phone: 937.776.9603
  • Listing Agent: Chris Heaton

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Carpet, Tile
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Detached Carport, Private, One Space

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Stewart and Gray Rd. and Old River School Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,325,000
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Housing Market Comparison

See how this home compares to others in Downey, CA.

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Downey, CA

City

Med. Sold Price

$860K

Med. Price/SqFt

$551

Avg. Days On Market

27

# of Sold Homes

32

7415 Stewart And Gray Rd Unit 2 vs Downey

63 DAYS ON ROCKET

+36 Days

$1,325,000

+$465K More

KEY TAKEAWAY

This property is $465K more than the Median Sold Price in Downey, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24223991

Listing Office:

  • Office Name: Revival Lending
  • Office Phone: 937.776.9603
  • Listing Agent: Chris Heaton

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 8:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,681

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,039

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2565871
7
/10

  • Old River Elementary

  • 11995 Old River School Rd

  • 0.25 miles

  • Public District Grades 4-5

school-card-donut-2565872
8
/10

  • Williams Elementary

  • 7530 Arnett St

  • 0.36 miles

  • Public District Grades KG-3

school-card-donut-2565873
6
/10

  • Rio Hondo Elementary

  • 7731 Muller St

  • 1.13 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,571. Residents of Downey, CA typically earn between $35k-100k each year. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Downey›90241›7415 Stewart And Gray Rd Unit 2

This home is located at 7415 Stewart And Gray Rd Unit 2 in Downey, CA and zip code 90241 in the The Southeast neighborhood. This home, which was built in 1969, sits on a 0.17 acre lot. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $1,325,000.

Downey, CA housing market in December 2024 saw over 14 listings sold above listed price, more than 7 sold at listed price and over 11 sold below. The inventory of homes for sale in Downey, CA between November 2024 and December 2024 decreased by 13.9%. In December 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $860,000.

From Rocket Homes Real Estate and based on county public records data.

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