7754 Delco Avenue

Winnetka, CA 91306

$1,550,000

Listed Price
N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1956

calendar_month Built

Property Description

Rare opportunity to own a cash flowing compound! Currently all three units are rented. Drive by only, please do not disturb occupants. Main house is over 1,600 SF and features 4 beds (3+open office), 3 baths, a breezeway that attaches to a 2 car garage. Remodeled in 2020, the home features quartz counters and stainless appliances, luxury vinyl plank floors, wood windows and a lovely fully fenced yard. Behind the garage is 7756 and 7756 1/2 Delco Ave. a fully permitted 1200 SF 2 story ADU that has been split 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. This unit has its own water heater and HVAC all new in 2020. 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. These two units are fully permitted as a 1200 SF ADU but have been split into two and could easily go back if desired. The ADU apartments share an 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 split 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. Leases run 1 year but are laddered so renewal for the 7756 Units come up end of Summer to Early Fall while the Main house renewed in March. Interior pics are from 2020.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Wood
Fireplace Information
Features Family Room

Listing Information

Address 7754 Delco Avenue
City Winnetka
State CA
Zip 91306
County Los Angeles
Listing Agent Timothy Freund DRE#01078771
Courtesy Of Engel & Voelkers, Westlake Village
MLS 224001595
List Price $1,550,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 8,316
Year Built 1956
DOM 4

Exterior Information

Other Structures
Structures Guest House Attached

Maps

Listing information courtesy of: Timothy Freund, Engel & Voelkers, Westlake Village . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 29th, 2024 at 9:50 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.