NOT LISTED FOR SALE

8207 Cheyenne Ave Downey, CA 90242

Hollydale Neighborhood

Estimated Value: $815,000 - $960,000

5 Beds
2 Baths
1,986 Sq Ft
$450/Sq Ft Est. Value

Sale Details

Date Sold: December 9, 2013

Last sale price $385,875 $194 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $5,262 / mo

123 Days on Market

Highlights

  • Peek-A-Boo Views
  • Utility Room
  • Carpet
  • Fireplace

About This Home

As of December 2013

This duplex that consist of 3 bed 1 Bath, 2 bed 1 bath and it has a single unit is unknown if it has permits. Good income property. In need of some cosmetic repairs.

Last Agent to Sell the Property

Jasmin Lovett

Lovett & Associates, REALTORS License #01856387 Listed on: 09/05/2013

Last Buyer's Agent

Jasmin Lovett

Lovett & Associates, REALTORS License #01856387 Listed on: 09/05/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 5,793 Sq Ft Lot
  • Property fronts an alley

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,986 Sq Ft Home
  • Fireplace
  • Window Screens
  • Utility Room
  • Carpet
  • Peek-A-Boo Views
  • Disposal

Parking

  • 2 Parking Spaces
  • Parking Available
  • Two Garage Doors

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 28
  • Tax Tract Number 9613
  • Assessor Parcel Number 6260004031

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $4,659
  • Gross Income $2,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

5,793 Sq Ft Lot

Listing Details

  • Inclusions: tenants
  • Road Frontage Type: Alley
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 6260004031
  • Year Built: 1961
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 194.30
  • Room Type: Utility Room
  • Window Features: Screens

Exterior Features

  • Foundation: Block, Slab
  • View: Peek-A-Boo
  • Roof: Asphalt, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Connected
  • Appliances: Disposal

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5793.00
  • Lot Size Acres: 0.1330

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 2980.00
  • Gross Multiplier: 109.68
  • Gross Scheduled Income: 3100.00
  • Lot Size Area: 5793.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 230.00
  • Vacancy Allowance Rate: 100.00

Tax Info

  • New Taxes Expense: 4659.00
  • Tax Area: 3249
  • Tax Lot: 28
  • Tax Tract Number: 9613

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2013
Closed on
Dec 2, 2013
Sold by
Gutierrez Alejandro
Bought by
Gutierrez Maria
Seller's Agent
Jasmin Lovett
Lovett & Associates, REALTORS
Buyer's Agent
Jasmin Lovett
Lovett & Associates, REALTORS
List Price
$360,000
Sold Price
$385,875
Premium/Discount to List
$25,875
7.19%
Current Estimated Value
$892,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,868
Avg. Annual Appreciation
6.99%

Purchase Details

Listed on
Sep 5, 2013
Closed on
Nov 8, 2013
Sold by
Gutierrez Maria
Bought by
Suraj Development Corp
Seller's Agent
Jasmin Lovett
Lovett & Associates, REALTORS
Buyer's Agent
Jasmin Lovett
Lovett & Associates, REALTORS
List Price
$360,000
Sold Price
$385,875
Premium/Discount to List
$25,875
7.19%

Purchase Details

Closed on
Dec 17, 2004
Sold by
Mercado Oswaldo and Mercado Juan R
Bought by
Gutierrez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2000
Sold by
Mora Victor and Mora Jesucita R
Bought by
Mercado Oswaldo and Mercado Juan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,400
Interest Rate
8.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gutierrez Maria -- Pacific Coast Title Company
Suraj Development Corp $402,500 Pacific Coast Title Company
Gutierrez Maria $585,000 Lawyers Title Company
Mercado Oswaldo $237,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez Maria $468,000
Previous Owner Mercado Oswaldo $189,400
Closed Gutierrez Maria $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2013 12/09/13 Sold $385,875 +7.2% $194 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
10/16/2011 10/16/11 For Sale $360,000 -- $181 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,343 $493,399 $223,715 $269,684
2024 $6,343 $483,726 $219,329 $264,397
2023 $6,261 $474,242 $215,029 $259,213
2022 $5,847 $464,944 $210,813 $254,131
2021 $5,702 $455,829 $206,680 $249,149
2020 $5,604 $451,156 $204,561 $246,595
2019 $5,615 $442,310 $200,550 $241,760
2018 $5,408 $433,638 $196,618 $237,020
2016 $5,132 $416,801 $188,984 $227,817
2015 $5,054 $410,541 $186,146 $224,395
2014 -- $402,500 $182,500 $220,000
Source: Public Records

Agents Affiliated with this Home

  • Jasmin Lovett

    Seller's Agent in 2013

    Jasmin Lovett

    Lovett & Associates, REALTORS

    (562) 440-0282

    1 in this area

    19 Total Sales

    Jasmin Lovett
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1106355

California Regional Multiple Listing Service (CRMLS)

APN: 6260-004-031

California Los Angeles County Downey 90242 Hollydale

8207 Cheyenne Ave, Downey, CA

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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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