Sold for $975,000 on 04/11/24
Listing Provided by:
Blair Newman DRE #01459316 562-822-6532,
Berkshire Hathaway HomeServices California Properties
Bought with: RISE Real Estate Group
$975,000
8043 Cheyenne Ave, Downey, CA 90242
4beds
2baths
1,600sqft
Duplex
Built in 1964
-- sqft lot
$999,500 Zestimate®
$609/sqft
$3,571 Estimated rent
Home value
$999,500
$940,000 - $1.07M
$3,571/mo
Zestimate® history
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Owner options
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What's special
Welcome to 8043 & 8045 Cheyenne Avenue! Great opportunity on the upgraded Downey duplex. Both units are 2 Bedrooms/1 Bathroom, 800 sq/ft each, 1-car attached garage with automatic opener, and 2 additional parking spaces on the driveway. Front unit has it's own yard with grass and sprinkler system, as well as the back unit has it's own fenced in yard with covered patio area and synthetic turf installed in 2022. Upgrades galore on both units include: Copper plumbing, New Roof in 2020 (with complete tear off), luxury vinyl plank flooring throughout, dual pane vinyl windows throughout, white faux window blinds throughout, mini-split A/C Units installed in both units (2022), washer/gas dryer hook-ups for both units, and ceiling fans/lights installed throughout. Both kitchens have been remodeled with stone countertops, shaker cabinets with an abundance of storage, and recessed lighting complete with stainless steel appliances. Both units come with stainless gas range, front unit has a built-in stainless microwave and the back unit comes equipped with stainless built-in dishwasher and range hood. Bathrooms have also been both remodeled with marble in the shower/tub enclosure, single vanity and newer toilets. Low expenses and strong earning rents make this a very well performing income property. You can have the option to live in one and rent out the other or occupy both units with proper notice and timelines to the front tenants after close of escrow. Front tenants are happy to stay and have been consistent in paying rent. Current rent roll and income-expense report for 2023 available upon request. Great Downey Unified School District. Do not disturb tenants.
Zillow last checked: 8 hours ago
Listing updated: April 11, 2024 at 08:06pm
Listing Provided by:
Blair Newman DRE #01459316 562-822-6532,
Berkshire Hathaway HomeServices California Properties
Bought with:
Manuel Rodriguez, DRE #01295616
RISE Real Estate Group
Source: CRMLS,MLS#: PW24006698
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Floor Furnace
Cooling
- Ductless
Appliances
- Included: Dishwasher, Gas Range, Microwave, Range Hood
- Laundry: Washer Hookup, Gas Dryer Hookup, In Garage, Outside
Features
- Ceiling Fan(s), Recessed Lighting
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Door-Single, Driveway, Garage, Garage Door Opener
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Block,Chain Link
Lot
- Size: 5,754 sqft
- Features: Back Yard, Front Yard, Sprinklers In Front, Lawn, Sprinklers Manual
Details
- Parcel number: 6260006035
- Zoning: DOR2&HFB*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Stucco, Copper Plumbing
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights, Sidewalks
Location
- Region: Downey
Other
Other facts
- Listing terms: Cash to New Loan,Conventional,FHA,Fannie Mae,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2024 | Sold | $975,000$609/sqft |
Source: | ||
| 3/17/2024 | Pending sale | $975,000$609/sqft |
Source: | ||
| 3/14/2024 | Listed for sale | $975,000$609/sqft |
Source: | ||
| 2/26/2024 | Pending sale | $975,000$609/sqft |
Source: | ||
| 1/12/2024 | Listed for sale | $975,000+36.4%$609/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,229 +24.8% | $994,500 +27.2% |
| 2024 | $9,802 +1.3% | $781,952 +2% |
| 2023 | $9,673 +7.3% | $766,621 +2% |
Find assessor info on the county website
Neighborhood: 90242
Nearby schools
GreatSchools rating
- 6/10Imperial Elementary SchoolGrades: K-3Distance: 0.5 mi
- 7/10Stauffer Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Warren High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$999,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$999,500
