8558 Alameda Street, Downey, CA 90242
- $1,130,000
- Sold Price
- $1,130,000
- List Price
- $1,075,000
- Closing Date
- Nov 13, 2025
- Status
- CLOSED
- MLS#
- PW25189407
- Year Built
- 1959
- Lot Size
- 11,102
- Acres
- 0.25
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 48
- Property Type
- Multifamily
- 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!
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Additional Information
- Pool Description
- None
- Heat
- Central
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $67,650
- Operating Expense
- 14625
Listing courtesy of Listing Agent: Christina De Santis (kina@reframere.com) from Listing Office: reframe.
Listing sold by Joshua Glaz from The Ave
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.