18 Days Online
0 Beds0 Baths1,961 SQFT

8531 Cole Street Downey, CA 90242

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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!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site17 Days
  • MLS StatusPending
  • MLS ID NumberPW24080985
  • Home Size Source N/A
  • Year Built1956
  • Lot Size0.214 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking DrivewayGarage
  • Parking Spaces 2
  • Sewer Public Sewer
  • Number of Stories 11
  • Acreage 0.214
  • Water Public
  • Property Sub Type Duplex
  • Garage Spaces 2
  • Utilities Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected
  • Zoning DOR1&HFB*
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Forced Air
  • Flooring CarpetLaminate
  • Interior Ceiling Fan(s)Granite Counters
  • Fireplace Features Living Room
  • Laundry Features Inside
  • Fireplace Yes

Exterior Features

  • Roof Composition
  • View None
  • Fencing Block
  • Spa No
  • Pool Features None
  • Spa Features None
  • Lot Back YardFront YardLandscapedLawnLot 6500-9999Level

Community Features

  • Association Dues 0
  • Community Features Curbs
  • Senior Community No
  • MLS Area D4 - Southeast Downey, S of Firestone, E of Downey

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