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Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24006698
Sold Date 04/11/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1964
Lot Size 5,754 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area D3 - Southwest Downey, S Of Firestone, W Of Downey
Zoning DOR2&HFB*
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup, In Garage, Outside
Interior
Interior Features Ceiling Fan(s), Recessed Lighting
Laundry Location Washer Hookup,Gas Dryer Hookup,In Garage,Outside
Heating Floor Furnace
Cooling Ductless
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Range, Microwave, Range Hood
Laundry Washer Hookup, Gas Dryer Hookup, In Garage, Outside
Exterior
Garage Assigned, Door-Single, Driveway, Garage, Garage Door Opener
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Chain Link
Pool None
Community Features Street Lights, Sidewalks
Roof Type Composition
Parking Type Assigned, Door-Single, Driveway, Garage, Garage Door Opener
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard, Front Yard, Sprinklers In Front, Lawn, Sprinklers Manual
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 6260006035
Acceptable Financing Cash to New Loan, Conventional, FHA, Fannie Mae, VA Loan
Listing Terms Cash to New Loan, Conventional, FHA, Fannie Mae, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Manuel Rodriguez • RISE Real Estate Group