Properties

Property Description

Rare Opportunity in Highly Desired Area of Downey! This duplex offers TWO standalone houses plus a bonus potential standalone studio-all nestled in the highly sought-after area of Downey. Immediate Occupancy: Ready to move in and make it your own! Whether you’re eager to settle into your new home or start generating rental income right away, this property is available for immediate occupancy—no waiting required. Two Standalone Houses: The front house is currently configured as a 2 bed, 2 bath (with the option to convert back to a 3 bedroom prior to close), boasting approximately 1,333 square feet of living space. With amenities like an inside laundry area, new A/C unit, cozy fireplace, and covered patio, this will make for a great home or investment. The back house is a charming 1 bed, 1 bath retreat with approximately 606 square feet of living space. Featuring granite countertops, laminate flooring, another inviting fireplace, and inside laundry, it’s perfect for tenants or extended family members seeking privacy and comfort. Spacious Lot: Situated on a large lot, this property offers ample space and endless possibilities. With a 2-car garage, covered patio, and expansive grass area, there’s plenty of room for outdoor entertaining, gardening, or simply soaking up the California sunshine. Bonus Potential Studio: Need a space for your creative pursuits or possibly more rent? It’s a potential bonus standalone studio, offering approximately 200 square feet of versatile space you can potentially bring to life. Convenient Location: Close to shopping, freeway access, and all the amenities Downey has to offer, this property combines the tranquility of suburban living with the convenience of city life. Don’t Miss Out! Seize this rare opportunity to own a piece of Downey’s vibrant real estate market. Schedule your showing today and discover why this duplex is the perfect place to call home—or the smartest investment you’ll make all year!

Features
: None
: Forced Air
: Central Air
: Block
: Living Room
: Driveway, Garage
: Natural Gas Available, Electricity Connected, Water Connected, Sewer Connected
: Public Sewer
: Inside
: Bedroom on Main Level, All Bedrooms Down, Ceiling Fan(s), Granite Counters, Main Level Primary
: Carpet, Laminate
$0
Address Map
CA
Los Angeles
Downey
90242
Cole
8531
Street
W119° 51' 54.1''
N33° 55' 46.3''
DOR1&HFB*
D4 - Southeast Downey, S of Firestone, E of Downey
from 105 fwy, North Lakewood, left Imperial, Right Brookshire, Right Cole
Neighborhood
Neighborhood
MLS Addon
Coldwell Banker Realty
Andrew Willoughby
$0
$0
$0
$0
$0
$0
Additional Information
: Public
https://tours.previewfirst.com/ml/141967
1
1
2024-04-23
2
: Back Yard, Lawn, Landscaped, Front Yard, Level
: One
2.0
1
: Curbs
1961
Listing Information
PWILLAND
E026
Cash,Cash to New Loan,Conventional,FHA,VA Loan
Pending
2024-05-03T21:54:26Z
CRMLS
: Standard
2024-05-03T14:50:15Z

Residential Income For Sale

8531 Cole Street, Downey, California 90242

0.21 Acre
$975,900
Listing ID #PW24080985
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : PW24080985
Price : $975,900
View : None
Year Built : 1956
Lot Area : 0.21 Acre
Status : Pending
Property Sub Type : Duplex
Roof : Composition
Agent info
Contact Agent