7754 Delco AVE, Winnetka, CA 91306
7754 Delco AVE, Winnetka, CA 91306
7754 Delco AVE, Winnetka, CA 91306
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,400,000
Est. payment /mo
8 Beds
5 Baths
2,980 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,980 sqft

Price per Sqft $469

MLS Listing ID 226001466

Bedrooms 8

Full Baths 5

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1956

Lot Size 8,315 Sqft

Property Sub-Type Triplex

Property Description

Rare opportunity to own a cash flowing compound! Live in and have half mortgage paid or rent all for high quality return! Currently all three units are rented. Drive by only, please do not disturb occupants. Main house, 7754 Delco Ave is nearly 1,700 SF and features 4 beds (3+open office), 3 baths, a breezeway that attaches to a 2 car garage. Remodeled in 2020 including a new roof and electrical panels, the home features quartz counters and stainless appliances, luxury vinyl plank floors, wood windows and a lovely fully fenced yard. Current lease is month to month. Tenant requires 60 days notice if buyer wants to move in. Behind the 2 car garage is 7756 and 7756 1/2 Delco Ave, a fully permitted 1200 SF 2 story ADU that has been divided into two apartments. 7756 1/2 is the smaller second floor apartment and is 500 square feet with an eat in kitchen, private laundry, 2 bedrooms and 1 bath and offers a huge enclosed patio. Each unit has its own water heater and HVAC all new in 2020. All homes have their own laundry. Current tenant is on month to month and requires 60 days notice. 7756 Delco is the lower unit which is 700 SF, and consists of 2 beds, 1 bath, remodeled kitchen, private laundry and a small patio and grassy yard. Current tenant is leaving 10/31. These two units are fully permitted as one 1200 SF ADU but have been divided into two but could easily go back to a single 1200 SF guest house if desired. The ADU apartments use one electric meter but there is a submeter for the upper unit's electric and each also has their own water submeter. ADU tenants pay all utilities except trash. Even internet is separate. The main house pays all their utilities. Sewer is divided 3 ways and water is calculated by usage. Currently the combined rent for the 3 units is $7,800 and they are never vacant. Located on a dead-end street, there is secluded parking. Great tenants - all want to stay. Only the lower unit has a locked lease through 10/31/26. Interior pics are from 2020. New SS fridge in lo7756.

Location

State CA

County Los Angeles

Area Win - Winnetka

Zoning LARS

Rooms

Other Rooms Guest House Attached

Interior

Heating Electric, Forced Air, Natural Gas

Cooling Central Air

Flooring Wood

Fireplaces Type Family Room

Inclusions Each unit has a range, refrigerator and laundry. 2 stacked in the ADU apartments and independent in the main house.

Fireplace Yes

Appliance Electric Cooking, Electric Water Heater, Gas Cooking, Refrigerator

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Stacked

Exterior

Parking Features Door-Single, Garage, On Street

Garage Spaces 2.0

Garage Description 2.0

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Cul-De-Sac

Faces West

Story 2

Entry Level One,Two

Level or Stories One, Two

Additional Building Guest House Attached

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 2107014010

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard


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Listed by Timothy Freund Engel & Voelkers, Westlake Village #01078771

NEARBY SCHOOL & BUSINESS

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