8620 Lubao Ave., Winnetka, CA 91306 - SR25040100 - iPro Real Estate

8620 Lubao Ave.
Winnetka, CA 91306

Active, Multi-Family/Income Sale

For Sale

$1,850,000 $225.66 per sqft

Free Professional CMA

Listing ID : SR25040100

  • Lot Size

    8,198 Sqft
  • Year

    2023

Description

Achieving an impressive monthly revenue of $11,400 (!!) per month, 3 residences on one lot! Main house features of 3 bedrooms and 4 bathrooms, generates $4750 another unit features 3 bedrooms and 2 bathrooms generates $4,350 monthly income and one more unit that features 1 bedroom and 1 bathroom that generates $2300 per month. Tenant pays ALL UTILITIES. Landlord will have ONLY property tax and insurance to pay. Buy this property now and start calling rent IMMEDIATELY!! Great tenets in place, beautiful and clean, family oriented neighborhood. This beautifully remodeled property at 8620 Lubao Ave in Winnetka presents an exceptional investment opportunity. Featuring a stunning main residence along with two additional private units, this property seamlessly combines modern amenities with outstanding rental income potential. The main house boasts incredible curb appeal and a thoughtfully updated open-concept floor plan, complete with recessed lighting and new flooring throughout. The bright and spacious living room is bathed in natural light, creating an inviting atmosphere, including direct access to a beautifully landscaped backyard, perfect for morning coffee, weekend gatherings, or BBQs. The contemporary all-white and neutral kitchen features ample cabinetry, generous counte

Details

Type: Multi-Family/Income Sale 
Subdivision: Win - Winnetka 
MLS Area: WIN - Winnetka 
County: Los Angeles 
Tax ID: 2782015005
Cap Rate: 7.00% 
Days on Market: 26 
AltCal ID: CRSR25040100 
Laundry: Other 
Number of Buildings: 2 
Number of Units: 3 
Property Condition: 22  
Property Type: Commercial Sale 
Sub Type: Triplex 
View: Local/Neighborhood 
Water: Private 

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34.204639 -118.568008 $1,850,000 SR25040100
8620 Lubao Ave., Winnetka, CA 91306
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Listed by Shira Dunn with Keller Williams Luxury

Based on information from the MLSListings MLS) as of 2/24/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 2/24/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2025 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes