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Listed by Timothy Freund • Engel & Voelkers, Westlake Village
$ 1,400,000
Est. payment /mo
Active Under Contract
7754 Delco Avenue Winnetka, CA 91306
8 Beds
5 Baths
2,980 SqFt
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
Style Calif Bungalow
Bedrooms 8
Full Baths 5
Year Built 1956
Lot Size 8,316 Sqft
Property Sub-Type Triplex
Source Conejo Simi Moorpark Association of REALTORS®
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.
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
Interior
Interior Features Quartz Counters
Heating Forced Air, Natural Gas
Cooling Central A/C
Flooring Wood/Wood Like
Fireplaces Type Other, Family Room
Laundry Electric Dryer Hookup
Exterior
Parking Features Garage - 1 Door
Garage Spaces 2.0
View Y/N No
Building
Lot Description Fenced, Cul-De-Sac
Story 2
Sewer In Street
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