$1,295,000
0.37 acres
33.933689 -118.142723
$1,295,000
Est. Monthly $6,585 recalculate
0.37 acres
 

8104 Stewart and Gray Rd.
Downey, CA 90241

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Multi-Family Acreage - Located on this parcel is a single family residence which is to be demolished for new development. The subject is being offered for sale as a development opportunity. The city of Downey has approved this site for development of a 3-story 7-unit condominium/townhouse complex. The units offer 2-car garages, rooftop patio, and many other amenities. Six (6) of the units are approximately 1,910 S.F. and One (1) unit is approximately 2,273 S. F. The seller will provide the prospective buyer(s) all city of Downey approved permits as well as plan, architectural drawing and engineering. All permit fees, school bond fees and any other fees and or cost associated with the development of the project is solely the responsibility of the buyer(s). Also buyer(s) is made aware that this development opportunity is being "SOLD AS IS WHERE IS AND WITH NO IMPLIED WARRANTIES OF ANY KIND". All plans will be made available to all serious and qualified buyers.
MLS # DW16704308
Listed By CENTURY 21 Jervis & Associates

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John Basadre CENTURY 21 Jervis & Associates
10841 Paramount Blvd
Downey, CA 90241
562.­706.8000
562.­706.8000
CENTURY 21 Jervis & Associates
10841 Paramount Blvd Downey, CA 90241
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Property Features

  • Lot Size: 0.37 Acres
  • Style: Not Applicable

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $6,585Your estimated monthly payment
    $259,00020% Down Payment
    $1,295,000 $1,165,500
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    OLD RIVER ELEMENTARY SCHOOL
    Grades 4-5 | Public School

    DOWNEY, CA 90242
    11995 OLD RIVER SCHOOL RD
    562-904-3561
    0.8
    miles

    Total Students 710
    Student Teacher Ratio 24:1

    School Rating

    3 stars View School Details
    Middle School
    WEST MIDDLE SCHOOL
    Grades 6-8 | Public School

    DOWNEY, CA 90242
    11985 OLD RIVER SCHOOL RD
    562-904-3565
    0.8
    miles

    Total Students 1500
    Student Teacher Ratio 25:1

    School Rating

    3 stars View School Details
    High School
    WARREN HIGH SCHOOL
    Grades 9-12 | Public School

    DOWNEY, CA 90241
    8141 DE PALMA ST
    562-869-7306
    0.1
    miles

    Total Students 3023
    Student Teacher Ratio 25:1

    School Rating

    4 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    St. Raymond Elementary School 0.6 mi Catholic K-8
    Alameda Elementary School 0.7 mi Public PRESCHOOL-3
    Sussman Middle School 0.7 mi Public 6-8
    Williams Elementary School 0.8 mi Public K-3
    Creative Beginnings Elementary 0.8 mi Private K-7
    Imperial Elementary School 0.8 mi Public K-3
    Downey High School 0.9 mi Public 9-12
    Montessori Children's Academy 1.0 mi Private PRESCHOOL-6
    Kirkwood Christian Schools 1.1 mi Private PRESCHOOL-5
    Rio Hondo Elementary School 1.2 mi Public K-5
    Maria Montessori House Of Children School 1.2 mi Private PRESCHOOL-K
    Ward Elementary School 1.3 mi Public K-3
    Our Lady Of Perpetual Help Elementary School 1.3 mi Catholic K-8
    Downey Christian School 1.4 mi Private PRESCHOOL-8
    St. Mark's Elementary School 1.4 mi Private PRESCHOOL-8
    Los Angeles County Special Education School 1.4 mi Public K-12
    Alternative Opportunity Programs School 1.4 mi Public K-12

    Local Area Information for Downey, CA 90241

    Median Age: 34.9
    Married: 35.0%
    Number of Households: 13,885
    Households with Children: 5,335
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
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      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.