Price: $1,550,000
Address: 7754 Delco Avenue Winnetka, CA 91306
Agent: Tim Freund
This is a rare opportunity to own a cash-flowing triplex as all three units are currently rented. Main house is nearly 1,700 square feet and features four beds, three baths and a breezeway that attaches to a two-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 fully fenced yard. Current lease runs through March 2025. Behind the garage is 7756 and 7756 1/2 Delco Avenue, a fully permitted 1,200 square foot, two-story ADU that has been split into two apartments. The smaller second floor apartment is 500 square feet with an eat-in kitchen, private laundry, two bedrooms and one bath and offers a huge enclosed patio. This unit has its own water heater and HVAC all new in 2020. Lease runs through August 2024. The lower unit is 700 square feet and consists of two beds, one bath, a remodeled kitchen, private laundry and a small patio and grassy yard. Lease runs through September 2024. ADU tenants pay all utilities except trash, while the main house pays all their utilities. Sewer is split three ways and water is calculated by usage. Currently the combined rent for the three units is $7,800, with potential gross rent of $10,424 a month!
For more information on this listing, click here.
Photos courtesy of marketing materials
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