NOT LISTED FOR SALE

8233 Cheyenne Ave Downey, CA 90242

Hollydale Neighborhood

Estimated Value: $756,000 - $928,000

2 Beds
2 Baths
1,212 Sq Ft
$677/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $690,000 $569 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,108/month

12 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

As of November 2021

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!

Last Agent to Sell the Property

ROMEO ROSALES

REALTY MASTERS & ASSOC. INC. License #01945130 Listed on: 09/07/2021

REALTY MASTERS & ASSOC. INC.

Last Buyer's Agent

Alejandro Medina

eXp Realty of California Inc. License #02113967

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,228 Sq Ft Lot
  • 1 Common Wall
  • Sprinkler System
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 9613
  • Assessor Parcel Number 6260004036
  • $461 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Operating Expense $1,000
  • Gross Income $36,000
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: DOR2&HFB*
  • Property Type: Residential Income
  • Parcel Number: 6260004036
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 569.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Sprinkler System
  • Lot Size Sq Ft: 5228.00
  • Lot Size Acres: 0.1200

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5228.0000 Square Feet
  • Net Operating Income: 31000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 1000.00

Tax Info

  • Tax Census Tract: 5517.00
  • Tax Lot: 33
  • Tax Tract Number: 9613
  • TaxOtherAnnualAssessmentAmount: 461.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2006
Sold by
Garcia Maria Luz
Bought by
Garcia Maria Luz
Current Estimated Value
$838,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,900
Outstanding Balance
$278,221
Interest Rate
8.4%
Mortgage Type
New Conventional
Estimated Equity
$542,453

Purchase Details

Closed on
Sep 9, 2005
Sold by
Garcia Maria Luz
Bought by
Garcia Maria Luz and Rodriguez Joel

Purchase Details

Closed on
Jun 20, 2005
Sold by
Taketani Yayoi
Bought by
Garcia Maria Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,750
Interest Rate
7.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 7, 2004
Sold by
Lizarraga Sylvia C
Bought by
Taketani Yayoi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Lizarraga Sylvia C
Bought by
Lizarraga Sylvia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2003
Sold by
Castillo Edwing R
Bought by
Lizarraga Sylvia C and Lizarraga Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.83%

Purchase Details

Closed on
Nov 6, 2000
Sold by
Garcia Reinaldo
Bought by
Castillo Edwing R and Castillo Liliana
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
Garcia Maria Luz -- Investors Title Company
Garcia Maria Luz -- --
Garcia Maria Luz $495,000 --
Taketani Yayoi $350,000 Stewart Title Glendale
Lizarraga Sylvia C -- Stewart Title Of California
Lizarraga Sylvia C $175,000 Commonwealth
Castillo Edwing R -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Maria Luz $432,900
Previous Owner Garcia Maria Luz $420,750
Previous Owner Taketani Yayoi $245,000
Previous Owner Lizarraga Sylvia C $250,000
Previous Owner Lizarraga Sylvia C $145,000
Closed Lizarraga Sylvia C $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $690,000 +0.7% $569 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/18/2021 09/18/21 Price Changed $685,000 -1.4% $565 / Sq Ft
09/07/2021 09/07/21 For Sale $695,000 -- $573 / 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 $9,081 $732,233 $530,604 $201,629
2024 $8,990 $717,876 $520,200 $197,676
2023 $8,871 $703,800 $510,000 $193,800
2022 $8,263 $690,000 $500,000 $190,000
2021 $7,505 $624,930 $328,247 $296,683
2019 $7,414 $606,396 $318,512 $287,884
2018 $7,229 $594,507 $312,267 $282,240
2016 $6,878 $571,424 $300,143 $271,281
2015 $6,774 $562,842 $295,635 $267,207
2014 $6,397 $551,817 $289,844 $261,973
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    ROMEO ROSALES

    REALTY MASTERS & ASSOC. INC.

    Section Image

  • A

    Buyer's Agent in 2021

    Alejandro Medina

    eXp Realty of California Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21197889

California Regional Multiple Listing Service (CRMLS)

APN: 6260-004-036

California Los Angeles County Downey 90242 Hollydale

8233 Cheyenne Ave, Downey, CA

Not Listed for Sale

MultiFamily

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