Downey, CA 90242,8122 Cheyenne AVE
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$ 790,000
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8122 Cheyenne AVE Downey, CA 90242

5,405 Sqft Lot


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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25188445

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

Special Listing Condition Standard


CRMLS – RECore
Listed by Tony Regazzi Keller Williams Rlty Whittier 714-864-8609
agent

Carl Lemke

Agent | License ID: 02017027

+1(619) 884-8047

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8122 Cheyenne AVE