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8620 Lubao Avenue

Winnetka, CA 91306
  • $1,850,000
  • STATUS: PENDING
  • ON SITE: 22 Days
  • ID#: SR25040100
Pending
UPDATED: 8 min ago
$1,850,000
  • 7
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

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 incom 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!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.coastalhomesbytiffany.com/homes/161062419
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8620 Lubao Avenue Winnetka, CA 91306

  • Price: $1,850,000
  • Status: PENDING
  • On Site: 22 Days
  • Updated: 8 min ago
  • ID#: SR25040100
7
Beds
0
Baths
0
½ Baths
0.19
Acres
Neighborhood:
Winnetka (91306)
County:
Los Angeles
Area:
Winnetka (91306)
Property Description
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 incom 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!
Exterior Features

Pool N/K Site Sidewalks Spa N/K

Interior Features

Cooling Central Forced Air Stories 1 Story Total Baths Unit1 4 Total Baths Unit2 2 Total Baths Unit3 1

Property Features

Actual Cap Rate 7.0 Annual Expense Actual 11750 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 136800 Home Owners Fees 0.0 Terms CashConventionalLand Contract Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 4750.0 Unit2 Rent Actual 4350.0 Unit3 Rent Actual 2300.0 Zoning Seller

San Diego MLS logo Listing provided courtesy of Shira Dunn of Keller Williams Luxury: 424-653-0560. Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Tiffany Torgan | Prestige Properties Enterprises
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