7754 Delco AVE Active Save Request In-Person Tour Request Virtual Tour
Winnetka,CA 91306
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,980 sqft
Price per Sqft $436
MLS Listing ID 224001770
Bedrooms 8
Full Baths 5
Year Built 1956
Lot Size 8,315 Sqft
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, 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.
Location
State CA
County Los Angeles
Area Win - Winnetka
Zoning LARS
Rooms
Other Rooms Guest House Attached
Interior
Heating Electric,Forced Air,Natural Gas
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.
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
Building
Lot Description Cul-De-Sac
Story 2
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard