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$755,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 8122 Cheyenne Ave

General

  • Sold For: $755,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: DW25188445
  • Added to Site: 151 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Fireplace(s): None
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Water Heater
  • Flooring: Carpet, Laminate

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: Street
  • Parking: Street

Location

  • Area: D3 - Southwest Downey, S of Firestone, W of Downey
  • County: Los Angeles
  • Development Name: D3 - Southwest Downey, S of Firestone, W of Downey
  • Driving Directions: North of 105 between Paramount & Downey

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Entry Location: Front
  • Square Feet: 1,418
  • Year Built: 1926

Unit Information

Unit 1

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1241
  • Lot Size Source: Assessor
  • Zoning: DOR2&HFB*
  • Lot Description: Lawn

Financial Considerations

  • Price Per Sq. Ft.: $532.44
  • Price Per Unit: 475000

Listed by Keller Williams Rlty Whittier, Tony Regazzi and Keller Williams Realty, Epifania Manzano
Sold by Impact Real Estate, Ryan Meltcher

Listing agents

— 8122 Cheyenne Ave —

  • Tony Regazzi

    Keller Williams Rlty Whittier

  • Epifania Manzano

    Keller Williams Realty

714-864-8609

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8122 Cheyenne Ave

School District:Downey Unified School District
NameGradesDistance
Imperial Elementary School, Downey, CA
8133 Imperial Highway, Downey, CA 90242
K-30.6 mi
Old River Elementary School, Downey, CA
11995 Old River School Road, Downey, CA 90242
4-51.4 mi
West Middle School
11985 Old River School Road, Downey, CA 90242
6-81.5 mi
Warren High School
8141 De Palma Street, Downey, CA 90241
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8122 Cheyenne Ave

Date
Details
Price
Change
Source
11/13/2025
Sold
$755,000
-4.43%
MLS
8/20/2025
Listed
$790,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Rlty Whittier, Tony Regazzi and Keller Williams Realty, Epifania Manzano
Sold by Impact Real Estate, Ryan Meltcher

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8122 Cheyenne Avenue, Downey, CA 90242 (MLS# DW25188445) is a Multi-Family property that was sold at $755,000 on November 13, 2025. Want to learn more about 8122 Cheyenne Avenue? Do you have questions about finding other Multi-Family real estate for sale in Downey? You can browse all Downey real estate or contact a Coldwell Banker agent to request more information.