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53
Photos
7754 Delco Avenue, Winnetka, CA 91306
$1,300,000 Asking Price
$---/mo Est. Payment Get Prequalified »
8
beds
5
baths
2,980
sqft
Built in
1956
Rare opportunity to own a cash flowing compound! 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 runs through 3/25. 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. Current Section 8 allows for $3,052 for each two bedroom and up to $4,320 for the 4 bed if the office is turned back into a bedroom. That's a potential gross rent of $10,424 a month! Located on a dead-end street, there is secluded parking. Interior pics are from 2020.
Features & Amenities
Interior
- Appliances:
- Electric Water Heater,Refrigerator
- Laundry:
- Electric Dryer Hookup,Gas Dryer Hookup,Stacked
- Flooring:
- Wood
- A/C:
- true
- Heating:
- true, Electric,Forced Air,Natural Gas
- Fireplace:
- Family Room, Fireplace
Exterior
- General:
- Guest House Attached
- Other Structures:
- Guest House Attached
- Parking:
- Door-Single,Garage,On Street, Parking spaces: 2
Construction
- General:
- Stucco, 1
Location
- Originating MLS:
- CRMLS
- County:
- Los Angeles
Lot
- Zoning:
- LARS, 2107014010
Financial
- Source:
- CRMLS
This listing courtesy of:
Engel & Voelkers, Westlake Village, Timothy Freund
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Winnetka, CA
Housing
- Number of Units
- 14,076
- Median Home Value
- $559,434
- Median Rent
- $1,450
46.73% of housing units are renter occupied.
2.51% are vacant.
Commute
- Car
-
70.19%
- Public Transportation
-
3.60%
- Walk to Work
-
0.37%
- Work from Home
-
24.39%
- Other
-
0.91%
The median travel time to work is 26 minutes.
People
- Population
- 45,334
- Median Age
- 38.70
- Median Household Size
- 3.26
Education
- High School
-
22.98%
- Associate’s Degree
-
7.76%
- Bachelor’s Degree
-
22.48%
- Graduate Degree
-
6.75%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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