Winnetka, CA 91306
Status: Active Under Contract
5 beds | 4 baths | 2159 sqft
BACK ON THE MARKET. PRICE REDUCED. Unique opportunity to own a turnkey home with 3 bedrooms + 2 bathrooms. The rental income from the newly built 1 BR-1 Bath ADU will bring in an income of up to $1500 a month can effectively drop the price of the home by about $250K. Located in one of the best tree-lined neighborhoods in Winnetka. The main house has been beautifully remodeled yet retains original character. Gorgeous laminated floors throughout the house and exquisite porcelain tiles in kitchen and all bathrooms. All new light fixtures with LED lights. Crown molding in most areas. Both Interior/Exterior has been freshly painted. The kitchen is completely remodeled with custom cabinets, gleaming white quartz countertops, new stainless steel appliances, washer/dryer hookups in both units. Upgraded Electric Panels. Large living room with fireplace. The 1 Bedroom and 1 Bath ADU has its own new kitchen, new AC/Heater unit, washer and dryer hook ups. Perfect for a young couple. This home is perfect for large families looking for privacy or for investors looking to lease and profit. Rents from both houses should get a cap rate of 6.70%. The detached room was approved as Storage and can be an office with an attached Bath. The owner has spent over $200k on tons of upgrades. Too much to list; this a must-see!!!!!
Listing Office: FIRST FEDERAL BANCORP
Last Updated: February - 04 - 2020
Based on information from the VCRDS Multiple Listing as of [date the AOR/MLS data was obtained]. 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.
Tuesday 25th of February 2020 04:22 AM