NOT LISTED FOR SALE

8131 Cheyenne Ave Downey, CA 90242

Hollydale Neighborhood

Estimated Value: $874,935 - $1,118,000

4 Beds
2 Baths
1,835 Sq Ft
$551/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $989,000 $539 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,252/month

31 Days on Market

Highlights

  • Craftsman Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Laundry Room
  • Vinyl Flooring

About This Home

As of October 2023

Rare opportunity to own TWO Properties in the city of Downey! Live in one and rent the other.Both units have been equipped with brand new water tankless heaters, roof has also been recently replaced, new landscape, complete with an automated sprinkler system, creating a lush and vibrant outdoor space. The addition of new windows, complemented by sliding doors, enhances the overall aesthetic and floods the interiors with natural light.
The right unit of this duplex has undergone an impressive remodel new floors, paint, brand new kitchen with quartz counter-tops, and remodeled bathroom. Each unit has their own garage which might be possible for two more Adu's, POSSIBLE 4 UNITS!! Back unit has their own entrance in the back alley. This duplex property in Downey presents a unique opportunity to enjoy a range of modern upgrades and features in a desirable location. Whether you're looking for a lucrative investment or a place to call home, this property is sure to exceed your expectations. Don't miss out on the chance to own this exceptional duplex in the heart of Downey!

Last Agent to Sell the Property

Kevin Messiha

Keller Williams SELA License #01883819 Listed on: 08/19/2023

Keller Williams SELA

Last Buyer's Agent

Vicky Covarrubias

Keller Williams SELA License #01726035

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • 5,270 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex
  • Craftsman Architecture
  • Bungalow
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 1,835 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer Hookup

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 22
  • Tax Tract Number 9613
  • Assessor Parcel Number 6260005051
  • $571 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $720
  • Water Sewer Expense $960
  • Operating Expense $2,980
  • Gross Income $21,000
  • Net Operating Income $19,320

Property Details

Home Type

Multi-Family

Year Built

Built in 1931 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 960.00
  • Zoning: DOR2&HFB*
  • Architectural Style: Bungalow, Craftsman
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6260005051
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Vinyl
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 538.96

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5270.00
  • Lot Size Acres: 0.1210

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 21000.00
  • Gross Scheduled Income: 21000.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 5270.0000 Square Feet
  • Net Operating Income: 19320.00
  • 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: 1320.00
  • Rent Control: No
  • Total Expenses: 2980.00

Tax Info

  • Tax Census Tract: 5517.00
  • Tax Lot: 22
  • Tax Tract Number: 9613
  • TaxOtherAnnualAssessmentAmount: 571.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2024
Sold by
Cazares Sonia
Bought by
Sonia Cazares 2024 Trust and Cazares
Current Estimated Value
$1,010,484

Purchase Details

Listed on
Aug 19, 2023
Closed on
Sep 20, 2023
Sold by
Gamiz Edgar and Gamiz Jacqueline
Bought by
Cazares Sonia
Seller's Agent
Kevin Messiha
Keller Williams SELA
Buyer's Agent
Vicky Covarrubias
Keller Williams SELA
List Price
$989,000
Sold Price
$989,000
Views
1028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Original Mortgage
$613,500
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2023
Sold by
Samayoa Family Trust
Bought by
Gamiz Edgar and Gamiz Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2022
Sold by
Samayoa Rudy and Samayoa Patricia
Bought by
Samayoa Family Trust and Samayoa

Purchase Details

Closed on
Jul 14, 2003
Sold by
Samayoa Rudy and Samayoa Patricia
Bought by
Samayoa Rudy and Samayoa Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sonia Cazares 2024 Trust -- None Listed On Document
Cazares Sonia $989,000 Socal Title Company
Gamiz Edgar $825,000 Ticor Title
Samayoa Family Trust -- None Listed On Document
Samayoa Rudy -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cazares Sonia $613,500
Previous Owner Gamiz Edgar $660,000
Previous Owner Samayoa Rudy $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2023 10/19/23 Sold $989,000 0.0% $539 / Sq Ft
08/19/2023 08/19/23 For Sale $989,000 -- $539 / 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 $12,234 $1,008,780 $816,000 $192,780
2024 $12,234 $989,000 $800,000 $189,000
2023 $5,637 $426,548 $165,192 $261,356
2022 $5,263 $418,185 $161,953 $256,232
2021 $5,128 $409,986 $158,778 $251,208
2020 $5,039 $405,783 $157,150 $248,633
2019 $5,047 $397,827 $154,069 $243,758
2018 $4,896 $390,028 $151,049 $238,979
2016 $4,645 $374,885 $145,185 $229,700
2015 $4,575 $369,255 $143,005 $226,250
2014 $4,330 $362,023 $140,204 $221,819
Source: Public Records

Agents Affiliated with this Home

  • Kevin Messiha

    Seller's Agent in 2023

    Kevin Messiha

    Keller Williams SELA

    (562) 250-3238

    1 in this area

    145 Total Sales

    Kevin Messiha
    Section Image
  • Vicky Covarrubias

    Buyer's Agent in 2023

    Vicky Covarrubias

    Keller Williams SELA

    (310) 357-4009

    1 in this area

    15 Total Sales

    Vicky Covarrubias
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23155658

California Regional Multiple Listing Service (CRMLS)

APN: 6260-005-051

California Los Angeles County Downey 90242 Hollydale

8131 Cheyenne Ave, Downey, CA

Not Listed for Sale

MultiFamily

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

Nearby Homes