Bought with Joshua Glaz • The Ave
$1,130,000
$1,075,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
8558 Alameda Street Downey, CA 90242
1,782 SqFt
Key Details
Sold Price $1,130,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,782 sqft
Price per Sqft $634
MLS Listing ID CRPW25189407
Year Built 1959
Lot Size 0.255 Acres
Property Sub-Type Duplex
Property Description
Investor Alert! This DETACHED Downey duplex is packed with potential and ready for the right buyer to maximize returns. Sitting on an 11,000 sq ft lot, the front home features a spacious 3-bedroom, 2-bath, approximately 1,782 sq. ft., complete with central heat/AC, a rear yard, side patio, single-car garage, and washer/dryer hookups. The rear unit offers 2 bedrooms and 1 bath with both front and rear yards, plus its own laundry area, garage, and shed. Here's where the true upside lies: the property comes with approved plans for an 825 sq ft ADU, creating instant additional rental income or space for extended family. With plenty of open yard space waiting to be maximized, the potential for future development is endless-whether you want to expand, reimagine, or add more ADU-style rentals. Perfect for investors eager to increase cash flow or end users searching for a versatile property with built-in growth potential, this Downey duplex is a rare opportunity you won't want to miss!
Location
State CA
County Los Angeles
Interior
Heating Central
Laundry In Garage, Other
Read Less
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