8531 Cole Street
8531 Cole Street
$975,900
4
3
1,961
1,961
$498
Pending
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...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!
- Listed by Andrew Willoughby • DRE #01258329 • Brokerage DRE #00616212 • Coldwell Banker Realty • 714-932-4588
Property Details for 8531 Cole Street
View
None
Parking Spaces Total2
Private PoolNo
Cooling TypeCentral Forced Air
Total Units2.0
Building TypeDetached
Lot Size SourceAssessor
Living Area1961
Location
LISTING UPDATED: 05/03/2024 07:53 AM
Property Details for 8531 Cole Street
Status | Pending |
---|---|
MLS # | PW24080985 |
Days on Market | 7 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1956 |
Lot Size | 0.21 AC / 9,321 SF |
County | Los Angeles County |
Location
Building Information for 8531 Cole Street
Stories1Residences-Year Built1956Building Size-Lot Size0.21 AC / 9,321 SF
Payment Calculator
$5,478 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 8531 Cole Street
Property History for 8531 Cole Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8531 Cole Street
Taxable ValueLand$46,858Additions$50,632Total$97,490
Tax Record2023$1,820 ($152 / month)
Home Facts
Total Finished SqFt1,961 SqFtAbove Grade Finished SqFt1,961 SqFtLot Size9,319 SqFtStyleDuplexYear Built1956ZoningDOR1&HFB*CountyLOS ANGELESAPN6258-010-048
Schools near 8531 Cole Street
This home is within Downey Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Carpenter Elementary School PublicK to 4 | ||
Alameda Elementary School PublicK to 5 | ||
Sussman Middle School Public6 to 8 | ||
Downey High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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