$975,900

8531 Cole Street, Downey 90242

4

Beds

3

Baths

9,321

Lot Size

2

# Of Units

Listing Agent
Andrew Willoughby - Coldwell Banker Realty

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!

Facts & Features

MLS® # PW24080985
Price $975,900
Bedrooms 4
Bathrooms 3.00
Lot Size 9,321
Year Built 1956
Type Residential Income
Sub-Type Duplex
Status Pending
# Of Units 2

Community Information

Address 8531 Cole Street
Area D4 - Southeast Downey, S of Firestone, E of Downey
City Downey
County Los Angeles
Zip Code 90242

Amenities

Utilities Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Parking Spaces 2
Parking Driveway, Garage
# of Garages 2
Garages Driveway, Garage
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Carpet, Laminate
Interior Features Ceiling Fan(s), Granite Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Heating Forced Air
Cooling Central Air
Has Basement No
Fireplace Yes
Fireplaces Living Room
# of Stories 1
Stories One

Exterior

Lot Description Back Yard, Front Yard, Lawn, Landscaped, Level
Roof Composition

Additional Information

Date Listed April 23rd, 2024
Days on Market 7
Zoning DOR1&HFB*
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAndrew Willoughby
OfficeColdwell Banker Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?