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8558 Alameda Street, Downey
$1,130,000
5 Beds ⋅ 3 Baths ⋅ PW25189264 MLS ⋅ Closed Status
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!

8558 Alameda Street, Downey

8122 Cheyenne Avenue, Downey
$755,000
DW25188445 MLS ⋅ Closed Status
Fixer Opportunity with Huge Upside in Downey! Listed at $790,000, this duplex is ideal for both investors and first-time buyers looking to build equity. Each unit is approximately 707 sq. ft. — one is legally a 1 bedroom, 1 bath, while the other is a 2 bedroom, 1 bath. With some updates and improvements, this property offers a significant after-repair value (ARV) potential, making it a smart investment with strong upside. First-time buyers can live in one unit while renovating and renting out the other, helping to offset costs while building long-term wealth. Investors will appreciate the value-add opportunity to modernize the property and maximize rental income. Conveniently located near schools, shopping, dining, and commuter routes, this duplex is a rare chance to buy low, improve, and profit in a sought-after Downey neighborhood.

8122 Cheyenne Avenue, Downey

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.

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