8620 Lubao Avenue
Winnetka, CA 91306
- – beds
- – baths
- – sqft
- 8,198 sqft lot
- 2023 build
- – on site
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 counter space, brand-new stainless steel appliances, a stylish island, and an adjacent dining area. New central air and heating ensure year-round comfort. The home offers 3 bedrooms and 4 bathrooms, Additionally, the property includes two accessory dwelling units with separate addresses, maximizing rental income potential. The JADU is a well-designed 1-bedroom, 1-bathroom unit featuring a full kitchen with ample cabinets and counter space, new appliances, recessed lighting, laminate flooring, an efficient air and heating system, a private washer and dryer, and a charming front yard. The full ADU, located at the rear of the lot for maximum privacy, offers a spacious 3-bedroom, 2-bathroom layout with a modern kitchen, recessed lighting, wood flooring, and direct access to a generous backyard that wraps around the home. Ideally located near Westfield Topanga Mall, dining, shopping, movie theaters, Pierce College, parks, and recreational areas, with convenient access to the 101 Freeway, this property is a rare find with incredible income potential!
Last checked:
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Last updated Feb 24, 2025
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MLS# SR25040100 —
The Building
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Year Built:2023
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Year Built Source:Seller
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New Construction:Yes
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Building Area Total:3280.00
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Building Area Units:Square Feet
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Total Number Of Units:3
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# of Buildings:2
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Stories Total:1
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Entry Level:1
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Common Walls:1 Common Wall
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# of Separate Gas Meters:1
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# of Separate Water Meters:1
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# of Separate Electric Meters:3
Interior
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Levels:One
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Entry Location:1
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Laundry:Inside
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Laundry:1
Location
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Directions:Between Chase and Parthenia
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Latitude:34.22657000
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Longitude:-118.56745100
The Property
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Property Type:Residential Income
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Subtype:Single Family Residence
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Property Condition:Turnkey, Updated/Remodeled
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Zoning:LARS
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Lot Features:2-5 Units/Acre
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Lot Size Area:8198.0000
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Lot Size Acres:0.1882
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Lot Size SqFt:8198.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:1134.23
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Tax Tract:18197
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Tax Lot:53
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2782015005
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Private
The Community
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Features:Sidewalks, Storm Drains, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/23/25
Feb 23, 2025
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Listed / Active | CRMLS_CA | $1,850,000 | 143.4% (84.5% / YR) |
|
6/15/23
Jun 15, 2023
|
BRIDGE | $760,000 | ||
|
6/5/23
Jun 5, 2023
|
BRIDGE | $760,000 |
