8233 Cheyenne Ave, Downey, CA 90242
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8233 Cheyenne Ave Downey, CA 90242

$690,000 Sold Price as of 11/30/2021
  • 2 Beds
  • 2 Baths
  • 1,212 Sq.Ft.
Sold
$690,000 Sold Price as of 11/30/2021 Refinance Your Mortgage

Map preview of 8233 Cheyenne Ave, Downey, CA 90242

Property Overview: 8233 Cheyenne Ave Downey, CA has 2 bedrooms, 2 bathrooms, 1,212 living square feet and 5,228 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Really nice remodeled duplex in Downey Ca. Each unit has its own entrance and provides 1 bedroom / 1 room / 1 bath, remodeled kitchens as well as freshly painted. Detached 2 car garage with alley access. This duplex is perfect for living in one unit and renting the other to help with the mortgage. Great location, quiet street on South Downey between Paramount and Downey Ave, just north of Gardendale. Very close to shops and freeway. Will sell fast!

Listed by ROMEO ROSALES | BRE #01945130 | REALTY MASTERS & ASSOC. INC.
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
5,228
HOA Dues
$0/mo
Year built
1930
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
IV21197889
City
Downey
County
Los Angeles
Time on Site
974 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,000
  • Net Operating Income: $31,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,000
  • Water/Sewer: $0

Property Details for 8233 Cheyenne Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
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: Back Yard, Front Yard, Lawn, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6260004036
  • Year Built Source: Estimated
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: 105 Frwy exit Dwoney go north and make a left on Cheyenne.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains
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Sale History for 8233 Cheyenne Ave

Last sold for $690,000 on November 30th, 2021
  • September, 2021

  • Sep 29, 2021

    Date

    Pending

    CRMLS: IV21197889

    $685,000

    Price

  • Sep 18, 2021

    Date

    Price Change

    CRMLS: IV21197889

    $685,000

    Price

  • Sep 8, 2021

    Date

    Active

    CRMLS: IV21197889

    $695,000

    Price

  • August, 2005

  • Aug 30, 2005

    Date

    Sold (Public Records)

    Public Records

    $495,000

    Price

  • June, 2004

  • Jun 24, 2004

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

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Tax History for 8233 Cheyenne Ave

Assessed Value (2020): $618,523
Year Land Value Improved Value Assessed Value
2020 $324,882 $293,641 $618,523

Home Value Compared to the Market

This property vs the competition

8233 Cheyenne Ave sold on November 30, 2021 for 25.14% 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 $565.18 per/sqft which puts the price per square foot 6.04% higher than the current median sale per square foot for the city of Downey.

About 8233 Cheyenne Ave

Detailed summary of property

8233 Cheyenne Ave is a multi family that recently sold in Downey, CA 90242. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,212 living square feet, and sits on an approximately 5,228 square foot lot. 8233 Cheyenne Ave was first listed on ArdentRealEstateGroup.com on September 8, 2021. The homeowner sold the property for $690,000. 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 25.14% lower than the current median priced home. Local homes that are currently for sale include 1334 E 92nd St, 1600 E 81st St and 752 E Lanzit Ave. While the average home in Downey, CA is selling in 44 days, 8233 Cheyenne Ave has a days on market of 12 days. There are currently 92 homes for sale in the Downey real estate market and 80 of them are single family homes while 6 of them are condos and 6 are townhomes. For more information on this home for sale at 8233 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 8233 Cheyenne Ave

Public county record property details
Beds
2
Baths
2
Year built
1930
Sq. Ft.
1,212
Lot Size
5,228
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
33
APN
6260-004-036

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
$829,000
Median List Price/Sq.Ft.
$617
Median Sold Price
$830,000
Median Sold Price/Sq.Ft.
$501
Total Inventory
25
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%)

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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.