There are multiple listings for this address:
7754 Delco Avenue
Winnetka, CA, 91306
$1,300,000
Beds
0 Baths
SqFt
0.19 Acres
Add
Rare opportunity to own a cash flowing compound! Currently all three units are rented. Drive by only, please do not disturb occupants. Main house, 7754 Delco Ave 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 2 car garage is 7756 and 7756 1/2 Delco Ave, a fully permitted 1200 SF 2 story ADU that has been divided 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. Each unit has its own water heater and HVAC all new in 2020. All homes have their own laundry. Current tenant is on month to month and requires 60 days notice. 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. Current tenant is leaving 10/31. These two units are fully permitted as one 1200 SF ADU but have been divided into two but could easily go back to a single 1200 SF guest house if desired. The ADU apartments use one 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 divided 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.

Property Details

Price:
$1,300,000
MLS #:
224001595
Status:
Active
Baths:
0
Address:
7754 Delco Avenue
Type:
Residential Income
Subtype:
Single Family Residence
Neighborhood:
winwinnetka
City:
Winnetka
Listed Date:
Apr 26, 2024
State:
CA
ZIP:
91306
Lot Size:
8,316 sqft / 0.19 acres (approx)
Year Built:
1956
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Schools

Interior

Appliances
Refrigerator, Electric Water Heater, Water Heater
Fireplace Features
Family Room
Flooring
Wood
Heating
Electric, Natural Gas, Forced Air

Exterior

Garage Spaces
2.00
Lot Features
Cul- De- Sac
Parking Features
Garage – Single Door
Parking Spots
2.00
Stories Total
2

Financial

Tenant Pays
Cable T V, Water, Gas, Electricity

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Community

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7754 Delco Avenue
Winnetka, CA
7754 Delco Avenue
Winnetka, CA, 91306
$1,300,000
8 Beds
5 Baths
2,980 SqFt
0.19 Acres
Add
Rare opportunity to own a cash flowing compound! Currently all three units are rented. Drive by only, please do not disturb occupants. Main house, 7754 Delco Ave 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 2 car garage is 7756 and 7756 1/2 Delco Ave, a fully permitted 1200 SF 2 story ADU that has been divided 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. Each unit has its own water heater and HVAC all new in 2020. All homes have their own laundry. Current tenant is on month to month and requires 60 days notice. 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. Current tenant is leaving 10/31. These two units are fully permitted as one 1200 SF ADU but have been divided into two but could easily go back to a single 1200 SF guest house if desired. The ADU apartments use one 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 divided 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.

Property Details

Price:
$1,300,000
MLS #:
224001770
Status:
Active
Beds:
8
Baths:
5
Address:
7754 Delco Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
winwinnetka
City:
Winnetka
Listed Date:
May 8, 2024
State:
CA
Finished Sq Ft:
2,980
ZIP:
91306
Lot Size:
8,316 sqft / 0.19 acres (approx)
Year Built:
1956
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Refrigerator, Electric Water Heater, Water Heater
Fireplace Features
Family Room
Flooring
Wood
Heating
Electric, Natural Gas, Forced Air

Exterior

Garage Spaces
2.00
Lot Features
Cul- De- Sac
Parking Features
Garage – Single Door
Parking Spots
2.00
Stories Total
2

Financial

Map

Community

Similar Listings Nearby