NOT LISTED FOR SALE

8033 Cheyenne Ave Downey, CA 90242

Hollydale Neighborhood

Estimated Value: $616,000 - $720,000

1 Bed
1 Bath
810 Sq Ft
$807/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $550,000 $679 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,559/month

About This Home

As of February 2024

Duplex. Two 1 bedroom/1 bath detached houses. Sold AS-IS.

Last Agent to Sell the Property

Daniel Willey

Compass License #02010488 Listed on: 11/27/2023

Compass

Last Buyer's Agent

Ralph Castellanos

West Shores Realty, Inc. License #02157931

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,126

Year Built

  • Built in 1941

Lot Details

  • 5,228 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 9613
  • Assessor Parcel Number 6260006033

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $800
  • Operating Expense $2,300
  • Gross Income $19,200
  • Net Operating Income $16,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,126

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 300000
  • Property Attached: Yes
  • Water Sewer Expenses: 800.00
  • Zoning: DOR2&HFB*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6260006033
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 679.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5228.00
  • Lot Size Acres: 0.1200

Multi Family

  • Gross Income: 19200.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5228.0000 Square Feet
  • Net Operating Income: 16420.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2780.00
  • Rent Control: No
  • Total Expenses: 2300.00

Tax Info

  • Tax Census Tract: 5517.00
  • Tax Lot: 13
  • Tax Tract Number: 9613

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Jan 23, 2024
Sold by
George Evans Johnson Trust
Bought by
Arias Sandra
Seller's Agent
Daniel Willey
Compass
Buyer's Agent
Ralph Castellanos
West Shores Realty, Inc.
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Views
18
Current Estimated Value
$653,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,551
Avg. Annual Appreciation
11.09%
Original Mortgage
$495,000
Outstanding Balance
$485,783
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$167,768
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arias Sandra $550,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Sandra $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $550,000 -8.3% $679 / Sq Ft
01/22/2024 01/22/24 For Sale $600,000 +9.1% $741 / Sq Ft
11/27/2023 11/27/23 Off Market $550,000 -- --
11/27/2023 11/27/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $600,000 -- $741 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,126 $561,000 $494,700 $66,300
2024 $1,126 $52,088 $31,449 $20,639
2023 $1,113 $51,068 $30,833 $20,235
2022 $1,060 $50,068 $30,229 $19,839
2021 $998 $49,087 $29,637 $19,450
2020 $985 $48,585 $29,334 $19,251
2019 $965 $47,633 $28,759 $18,874
2018 $889 $46,700 $28,196 $18,504
2016 $839 $44,889 $27,102 $17,787
2015 $825 $44,215 $26,695 $17,520
2014 $804 $43,350 $26,173 $17,177
Source: Public Records

Agents Affiliated with this Home

  • Daniel Willey

    Seller's Agent in 2024

    Daniel Willey

    Compass

    (562) 494-4600

    3 in this area

    30 Total Sales

    Daniel Willey
    Section Image
  • Ralph Castellanos

    Buyer's Agent in 2024

    Ralph Castellanos

    West Shores Realty, Inc.

    (562) 832-3137

    2 in this area

    17 Total Sales

    Ralph Castellanos
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23216823

California Regional Multiple Listing Service (CRMLS)

APN: 6260-006-033

California Los Angeles County Downey 90242 Hollydale

8033 Cheyenne Ave, Downey, CA

This home is located at 8033 Cheyenne Ave, Downey, CA 90242 since 27 November 2023 and is currently estimated at $653,551, approximately $806 per square foot. This property was built in 1941. 8033 Cheyenne Ave is a home located in Los Angeles County with nearby schools including Imperial Elementary School, Old River Elementary School, and West Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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