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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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    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#: PW24006698MLS LogoOriginating 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

    DateEventPrice
    4/11/2024Sold$975,000$609/sqft
    Source: CRMLS #PW24006698
    3/17/2024Pending sale$975,000$609/sqft
    Source: CRMLS #PW24006698
    3/14/2024Listed for sale$975,000$609/sqft
    Source: CRMLS #PW24006698
    2/26/2024Pending sale$975,000$609/sqft
    Source: CRMLS #PW24006698
    1/12/2024Listed for sale$975,000+36.4%$609/sqft
    Source: CRMLS #PW24006698

    Public tax history

    YearProperty taxesTax 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
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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