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Listed by Blair Newman of Berkshire Hathaway HomeServices California Properties (562-822-6532)
Welcome to 8043 & 8045 Cheyenne Avenue! Great opportunity on the upgraded Downey duplex. Both units are 2 Bedrooms/1 Bathroom, 800 sq/ft each, 1-car attached garage with automatic opener, and 2 additional parking spaces on the driveway. Front unit has it's own yard with grass and sprinkler system, as well as the back unit has it's own fenced in yard with covered patio area and synthetic turf installed in 2022. Upgrades galore on both units include: Copper plumbing, New Roof in 2020 (with complete tear off), luxury vinyl plank flooring throughout, dual pane vinyl windows throughout, white faux window blinds throughout, mini-split A/C Units installed in both units (2022), washer/gas dryer hook-ups for both units, and ceiling fans/lights installed throughout. Both kitchens have been remodeled with stone countertops, shaker cabinets with an abundance of storage, and recessed lighting complete with stainless steel appliances. Both units come with stainless gas range, front unit has a built-in stainless microwave and the back unit comes equipped with stainless built-in dishwasher and range hood. Bathrooms have also been both remodeled with marble in the shower/tub enclosure, single vanity and newer toilets. Low expenses and strong earning rents make this a very well performing income property. Both tenants at the end of January 2024 will be on month-to-month leases. Back unit can be delivered vacant at close of escrow. You can have the option to live in one and rent out the other or occupy both units with proper notice and timelines to the front tenants after close of escrow. Front tenants are happy to stay and have been consistent in paying rent. Current rent roll and income-expense report for 2023 available upon request. Great Downey Unified School District. Do not disturb tenants.

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Based on information submitted to CRMLS as of February 27, 2024 6:53 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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