7008 Encino Avenue

Lake Balboa, CA 91406

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,158 Sqft
  • 8877
    Sqft(Lot)
$1,750,000

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

    Residential Income

  • County

    Los Angeles

  • Style

    Ranch

  • AD ID

    46119047

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Shingle
    • Exterior Property Features : Lighting
    • Interior Features: 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

  • Building Information

    • Year Built: 1951
    • Building Area Total: 3,158
    • Construction: Stucco,Copper Plumbing
    • Roof: Shingle

    Exterior Features

    • Lighting

    Foundation

    • Raised,Slab

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Gas Dryer Hookup,Inside

    Fencing

    • Block,Excellent Condition,New Condition,Vinyl

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2038
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8877

  • Listing Price Information

    • Original List Price: 1,750,000
    • Listing Contract Date: 2024-06-17

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2228027002

  • Garage and Parking

    • Garage Description: Driveway

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: LKBL - Lake Balboa
    • Directions: South of Sherman Way, West of Louise Ave
    • Source Property Type: Residential Income
    • 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
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 12/18/2024 @ 06:55

  • MLS: SR24124108
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 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.