Rare opportunity to own a cash flowing compound! Currently all three units are rented. Drive by only, please do not disturb occupants. Main house 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 garage is 7756 and 7756 1/2 Delco Ave. a fully permitted 1200 SF 2 story ADU that has been split 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. This unit has its own water heater and HVAC all new in 2020. Lease runs through 8/24.
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. Lease runs through 9/24. These two units are fully permitted as one 1200 SF ADU but have been split into two but could easily go back to a single 1200 SF guest house if desired. The ADU apartments share an 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 split 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.
House for sale, 7754 Delco Avenue, in Los Angeles, United States
7754 Delco Ave, Winnetka, CA 91306, USA, 7754 Delco Avenue
House with flats • 8 room(s) • 8 bed. • 5 bath. • 276.85 m² • ref: 3yd-EV-224001595
GBP 1,234,680
Spaces
Rooms8
Floors2
Bedrooms8
Bathrooms5
Surfaces
Living276.85 m²
Land0.19 m²
Garage
Internet
7754 Delco Avenue, Los Angeles
TypeHouse
Construction year1956
Timothy Freund
Phone number
81888...
Engel & Völkers Westlake Village
8188891602
960 S. Westlake Boulevard
Westlake Village
IDEV
NameEngel & Völkers
Number224001595