8531 Cole Street Downey, CA 90242

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 Californi