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8103 Cheyenne Ave, Downey, CA 90242
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8103 Cheyenne Ave Downey, CA 90242

$707,000 Sold Price as of 02/11/2021
  • 3 Beds
  • 2 Baths
  • 1,416 Sq.Ft.
Sold
$707,000 Sold Price as of 02/11/2021 Refinance Your Mortgage
Map preview of 8103 Cheyenne Ave, Downey, CA 90242

Property Overview: 8103 Cheyenne Ave Downey, CA has 3 bedrooms, 2 bathrooms, 1,416 living square feet and 6,255 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Updated duplex corner lot in the centrally located city of Downey. Main house is a VACANT 2 bedroom, 1.5 bath with recent upgrades that include new windows, bathroom remodel, new electrical re-wire, new flooring, Interior/Exterior painting, recent full re-pipe, new mini split AC/ Heating unit and much more! Front house features its own fenced in side yard as well each unit separately metered for electrical and gas. Detached occupied smaller rear unit is a studio and has its own garage stall as well as it is own entrance from side street. Great investment property that will help offset your monthly payment by having a renter pay for your mortgage while you live in the front or have the option to have family member move in. The third structure on this large lot is the detached 2 car garage which can easily be converted into a legal ADU (Accessory Dwelling Unit) which would make this property a total of 3 units! All types of financing available for this property including FHA! Call today!

Listed by MATTHEW SALIB | BRE #01886422 | CAL AMERICAN HOMES AND REALTY
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
6,255
HOA Dues
$0/mo
Year built
1932
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV21000562
City
Downey
County
Los Angeles
Time on Site
1215 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $980
  • Total Rent: $980
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $41,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 8103 Cheyenne Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6260005046
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: cross streets are Paramount ave and Gardendale
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Downey Agent

Sale History for 8103 Cheyenne Ave

Last sold for $707,000 on February 11th, 2021

  • February, 2021

  • Feb 12, 2021

    Date

    Sold

    CRMLS: CV21000562

    $707,000

    Price

  • Jan 12, 2021

    Date

    Price Change

    CRMLS: CV21000562

    $707,000

    Price

  • Jan 12, 2021

    Date

    Pending

    CRMLS: CV21000562

    $674,900

    Price

  • Jan 2, 2021

    Date

    Active

    CRMLS: CV21000562

    $674,900

    Price

  • February, 2021

  • Feb 11, 2021

    Date

    Sold (Public Records)

    Public Records

    $707,000

    Price

  • October, 2020

  • Oct 26, 2020

    Date

    Sold (Public Records)

    Public Records

    $525,000

    Price

Show More

Tax History for 8103 Cheyenne Ave

Assessed Value (2020): $149,396
Year Land Value Improved Value Assessed Value
2020 $73,885 $75,511 $149,396

Home Value Compared to the Market

This property vs the competition

8103 Cheyenne Ave sold on February 11, 2021 for 22.73% lower than the current median sold price for the city of Downey which is $915,000. The median sold price per/sqft for Downey is $533 and this home is sold at $499.29 per/sqft which puts the price per square foot 6.32% lower than the current median sale per square foot for the city of Downey.

About 8103 Cheyenne Ave

Detailed summary of property

8103 Cheyenne Ave is a multi family that recently sold in Downey, CA 90242. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,416 living square feet, and sits on an approximately 6,255 square foot lot. 8103 Cheyenne Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $707,000. Home in Downey are selling for a median price of $915,000 and a median price per square foot of $533. Based on Ardent Real Estate Group's Downey Market Data, this home is sold 22.73% lower than the current median priced home. Local homes that are currently for sale include 946 S Vancouver Ave, 1334 E 92nd St and 1600 E 81st St. While the average home in Downey, CA is selling in 47 days, 8103 Cheyenne Ave has a days on market of 10 days. There are currently 91 homes for sale in the Downey real estate market and 79 of them are single family homes while 5 of them are condos and 7 are townhomes. For more information on this home for sale at 8103 Cheyenne Ave Downey, CA 90242 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 8103 Cheyenne Ave

Public county record property details
Beds
2
Baths
2
Year built
1932
Sq. Ft.
1,416
Lot Size
6,258
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
6260-005-046

The source for these homes facts are from public records.

90242 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$591
Median Sold Price
$830,000
Median Sold Price/Sq.Ft.
$501
Total Inventory
21
Median Sale to List Price %
98.82%
Avg Days on Market
21
Loan Type
Conventional (37.5%), FHA (37.5%), VA (0%), Cash (12.5%), Other (12.5%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 8103 Cheyenne Ave

8111 Cheyenne Ave, Downey, CA 90242
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8131 Cheyenne Ave, Downey, CA 90242
$989,000 Last Sold Price
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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