Downey, CA 90242 8043 Cheyenne Avenue

Sold: Apr 11, 2024
8043 Cheyenne Avenue Downey, Ca - Image 18043 Cheyenne Avenue Downey, Ca - Image 28043 Cheyenne Avenue Downey, Ca - Image 3
15 more
8043 Cheyenne Avenue Downey, Ca - Image 48043 Cheyenne Avenue Downey, Ca - Image 58043 Cheyenne Avenue Downey, Ca - Image 68043 Cheyenne Avenue Downey, Ca - Image 78043 Cheyenne Avenue Downey, Ca - Image 88043 Cheyenne Avenue Downey, Ca - Image 98043 Cheyenne Avenue Downey, Ca - Image 108043 Cheyenne Avenue Downey, Ca - Image 118043 Cheyenne Avenue Downey, Ca - Image 128043 Cheyenne Avenue Downey, Ca - Image 138043 Cheyenne Avenue Downey, Ca - Image 148043 Cheyenne Avenue Downey, Ca - Image 158043 Cheyenne Avenue Downey, Ca - Image 168043 Cheyenne Avenue Downey, Ca - Image 178043 Cheyenne Avenue Downey, Ca - Image 188043 Cheyenne Avenue Downey, Ca - Image 19
Presented By: Blair Newman with Berkshire Hathaway HomeServices California Properties; 562-822-6532
  • MLS# PW24006698
  • 01/11/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 1,600
  • GarageGarage • 2

Home Details

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.
Presented By: Blair Newman with Berkshire Hathaway HomeServices California Properties; 562-822-6532

General for 8043 Cheyenne Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, GasRange, Microwave, RangeHood
Attached Garage No
Building Area UnitsSquareFeet
Buyer FinancingConventional
Cap Rate5.0
Carport Y/NNo
CityDowney
Close Price975000.0
Community FeaturesStreetLights, Sidewalks
Construction MaterialsStucco, CopperPlumbing
CoolingDuctless
CountyLos Angeles
Current FinancingConventional
Days on Market46
DirectionsFrom 105 fwy head north on Paramount Blvd. Turn Right at Cheyenne Ave. Home will be on your left.
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income0.0
HOA0.0
HOA / Comm AssnNo
HeatingFloorFurnace
Home Warranty Y/NNo
Insurance Expense1034.0
Interior FeaturesCeilingFans, RecessedLighting
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashtoNewLoan, Conventional, FHA, FannieMae, VALoan
Lot Size Square Feet5754.0
MLS AreaD3 - Southwest Downey, S of Firestone, W of Downey
MaintenanceExpense5875.0
MobileHomeRemainsYNNo
Net Operating Income48469.0
New ConstructionNo
Open Parking Spaces4.0
Operating Expense11451.0
Pool FeaturesNone
PossessionSeeRemarks
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusClosed
StatusClosed
Stories1
Street NameCheyenne
Tax Lot15
Taxes$12,142
Tenant PaysElectricity, Gas, GroundsCare
Total Units2
Trash Expense70.0
View Y/NNo
Water Sewer Expense72.0
Waterfront Y/NNo
Year Built1964
Year Built SourceAssessor
ZoningDOR2&HFB*

Interior for 8043 Cheyenne Avenue

Air Conditioning Y/NYes
Basement (Y/N)No
BuyerOfficeEmailsergio7500@yahoo.com
Common WallsNoCommonWalls
Electric On Property Y/NNo
Entry Level1
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup, InGarage, Outside
Street SuffixAvenue
Total Stories1
Window FeaturesDoublePaneWindows

Exterior for 8043 Cheyenne Avenue

Building Area Total1600.0
Crops Included Y/NNo
FencingBlock, ChainLink
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, FrontYard, SprinklersInFront, Lawn, SprinklersManual
Lot Size Acres0.1321
Lot Size Area5754.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned, DoorSingle, Driveway, Garage, GarageDoorOpener
SpaNo
Total Parking6.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $975,000
MLS#PW24006698
List Date 01/11/2024
Property Type Multi-Family
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 8043 Cheyenne Avenue