Listing by: Arthur Aslanian, Berkshire Hathaway HomeServices California Properties, 818-335-1239
8 Beds
6 Baths
3,158 SqFt
Active
Three units on an 8,877 sq ft lot, each with its own address and private outdoor space, in a hot neighborhood! Ideal for investors or those seeking a primary residence with high rental income. This remarkable property consists of a 1,613 Sq Ft remodeled and expanded Main House with 4-Beds, 3-Baths, a 1,200 Sq Ft brand-new detached ADU with 3-Beds, 2-Baths, and a 345 Sq Ft brand-new JADU with 1-Bed, 1-Bath, located in one of the most desirable pockets of prime Lake Balboa. The main house has an open floor plan with primary and junior suites, a large living room opening to the outdoors, a brand-new kitchen with white shaker cabinetry, quartz countertops, stainless steel appliances, and a walk-in pantry, plus brand-new bathrooms. The primary suite includes a walk-in closet, sitting area, and sliding doors for outdoor access, while the other bedrooms and bathrooms are positioned on the opposite side for privacy. Additional features include inside laundry, central air & heat, new laminate floors, recessed lighting, and white vinyl fencing. The private outdoor space includes a large covered patio and a driveway for multiple cars. The new detached ADU includes 3 beds, 2 baths, its own address, private outdoor space, solar panels, and indoor laundry. The landscaped outdoor area has palm trees, pebble stones, and new sod, surrounded by a white vinyl fence. Inside, the open floor plan connects the spacious living room and the new kitchen with white shaker cabinetry, quartz countertops, and stainless-steel appliances. The primary bedroom has a large walk-in closet and a private bathroom with a tub. The newly completed JADU, with 1 bedroom and 1 bathroom, is at the front of the property with its own address. It features a living space, a well-sized bedroom with mirrored closet doors, and a kitchen with white shaker cabinetry, quartz countertops, a new gas range, and microwave. The bathroom includes a tub and stackable laundry hook-ups. Enjoy a quiet street, curb appeal with palm trees, and easy parking. Nearby amenities include Lake Balboa Park, golf courses, an off-leash dog park, and a Sunday farmer’s market. Easy access to the 101 and 405 freeways and the Orange Line Busway. Nothing like it on the market, this is an excellent opportunity to experience Lake Balboa living while investing in a property with great rental income potential, featuring a total of 8 bedrooms and 6 bathrooms.
Property Details | ||
---|---|---|
Price | $1,895,000 | |
Bedrooms | 8 | |
Full Baths | 6 | |
Total Baths | 6 | |
Property Style | Ranch | |
Lot Size Area | 8877 | |
Lot Size Area Units | Square Feet | |
Acres | 0.2038 | |
Property Type | Residential | |
Sub type | SingleFamilyResidence | |
MLS Sub type | Single Family Residence | |
Stories | 1 | |
Features | Copper Plumbing Full,Open Floorplan,Quartz Counters,Recessed Lighting | |
Exterior Features | Lighting | |
Year Built | 1951 | |
View | None | |
Roof | Shingle | |
Heating | Central | |
Foundation | Combination,Raised,Slab | |
Lot Description | 6-10 Units/Acre,Back Yard,Front Yard,Landscaped,Lawn,Near Public Transit,Park Nearby,Sprinkler System | |
Laundry Features | Gas Dryer Hookup,Inside,Washer Hookup | |
Pool features | None | |
Parking Description | Driveway | |
Parking Spaces | 0 | |
Garage spaces | 0 | |
Association Fee | 0 | |
Geographic Data | ||
Directions | North of Vanowen St, West of Louise Ave | |
County | Los Angeles | |
Latitude | 34.197867 | |
Longitude | -118.513891 | |
Market Area | LKBL - Lake Balboa | |
Address Information | ||
Address | 7008 Encino Avenue, Lake Balboa, CA 91406 | |
Postal Code | 91406 | |
City | Lake Balboa | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Berkshire Hathaway HomeServices California Properties | |
Listing Agent | Arthur Aslanian | |
Listing Agent Phone | 818-335-1239 | |
Attribution Contact | 818-335-1239 | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
Ownership | None | |
School Information | ||
District | Los Angeles Unified | |
MLS Information | ||
Days on market | 136 | |
MLS Status | Active | |
Listing Date | Jun 17, 2024 | |
Listing Last Modified | Nov 1, 2024 | |
Tax ID | 2228027002 | |
MLS Area | LKBL - Lake Balboa | |
MLS # | SR24123030 |
This information is believed to be accurate, but without any warranty.