Description
At a new price and an exciting grm of 14.6, this fully rented three-unit property offers an excellent opportunity for those seeking to complete a 1031 exchange or acquire a high-income-generating asset in a prime residential neighborhood of lake balboa, conveniently located near the 405 and 101 fwys just north of encino. the property features a remodeled and extended 4-bed, 3-bath, 1,613 sq ft main house, a brand-new 3-bed, 2-bath, 1,200 sq ft detached adu with a paid-off solar system, and a 1-bed, 1-bath, 345 sq ft jadu. in total, it offers 3,158 sq ft of living space with a combined 8-bed, 6-bath count on an 8,877 sq ft lot. three units, each with its own address, private outdoor space, and in-unit laundry. the main house features an open floor plan with a spacious living room, a primary suite, and a junior suite. it boasts a brand-new kitchen equipped with white shaker cabinetry, quartz countertops, a walk-in pantry, and fully renovated bathrooms. the new detached adu offers private outdoor space with palm trees, enclosed by a white vinyl fence. inside, the open floor plan seamlessly connects the spacious living room to the new kitchen, featuring white shaker cabinetry and quartz countertops. the primary bedroom includes a large walk-in closet and a private bathroom with a tub. the newly completed jadu is located at the front of the property and features a living space, a well-sized bedroom with a wall-to-wall closet, and a kitchen with white shaker cabinetry and quartz countertops. the bathroom includes a tub and stackable laundry hookups. recessed lighting, laminate floors, and double-paned windows are featured throughout all units. nearby amenities include lake balboa park, golf courses, an off-leash dog park, and a sunday farmer’s market. with easy access to the 101 and 405 freeways and the orange line busway, this property offers both convenience and a prime location. don’t miss out on this exceptional investment opportunity—schedule your private tour today!
Property Type
ResidentialCounty
Los AngelesStyle
RanchAD ID
46110296
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 8
Bathroom Information
- Total Baths: 6
- Full Baths: 6
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Shingle
- Exterior Property Features : Lighting
- Interior Features: Separate/Formal Dining Room,Open Floorplan,Quartz Counters,Recessed Lighting,Primary Suite,Walk-In Pantry,Walk-In Closet(s)
- Windows: Double Pane Windows,Screens
- Property Appliances: Dishwasher,Disposal,Gas Range,Microwave,Water Heater
- Fireplace: None
- Flooring: Laminate
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1951
- Construction: Stucco,Copper Plumbing
- Roof: Shingle
Exterior Features
- Lighting
Foundation
- Combination,Raised,Slab
Security Features
- Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Pool Features
- None
Laundry Features
- Washer Hookup,Gas Dryer Hookup,Inside
Patio And Porch
- Rear Porch,Concrete,Covered,Front Porch
Fencing
- New Condition,Vinyl
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2038
- Lot Size Source: Assessor
- Lot Size Square Feet: 8877
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Listing Information
Listing Price Information
- Original List Price: 1,750,000
- Listing Contract Date: 2024-06-17
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2228027002
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Driveway
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: LKBL - Lake Balboa
- Postal Code Plus 4: 3520
- Directions: North of Vanowen St, West of Louise Ave
- Zoning: LAR1
- Source Property Type: Residential
- Area: LKBL - Lake Balboa
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 73
- Common Walls: 1 Common Wall
- Property Condition: Updated/Remodeled,Turnkey
- Structure Type: Single Family Residence
- Year Built Source: Assessor
- Total Square Feet Living: 3158
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: House
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BuyOwner last updated this listing 12/18/2024 @ 07:08
- MLS: SR24123030
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 3,158 sqft, 8,877 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Van Nuys , in zip code 91406, this Los Angeles County Home are nearby neighborhoods.