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8122 Cheyenne AVE Downey, CA 90242
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Key Details
Sold Price $755,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW25188445
Sold Date 11/13/25
Construction Status Fixer
HOA Y/N No
Year Built 1926
Lot Size 5,405 Sqft
Property Sub-Type Duplex
Property Description
Fixer Opportunity with Huge Upside in Downey! Listed at $790,000, this duplex is ideal for both investors and first-time buyers looking to build equity. Each unit is approximately 707 sq. ft. — one is legally a 1 bedroom, 1 bath, while the other is a 2 bedroom, 1 bath. With some updates and improvements, this property offers a significant after-repair value (ARV) potential, making it a smart investment with strong upside. First-time buyers can live in one unit while renovating and renting out the other, helping to offset costs while building long-term wealth. Investors will appreciate the value-add opportunity to modernize the property and maximize rental income. Conveniently located near schools, shopping, dining, and commuter routes, this duplex is a rare chance to buy low, improve, and profit in a sought-after Downey neighborhood.
Location
State CA
County Los Angeles
Area D3 - Southwest Downey, S Of Firestone, W Of Downey
Zoning DOR2&HFB*
Interior
Interior Features All Bedrooms Down, Bedroom on Main Level
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range, Gas Water Heater, Water Heater
Laundry Inside
Exterior
Parking Features On Street
Fence Block
Pool None
Community Features Curbs, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Lot Description Lawn
Story 1
Sewer Public Sewer
Water Public
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 6260002076
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Financing Private
Special Listing Condition Standard
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Bought with Ryan Meltcher Impact Real Estate
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