7008 Encino Avenue Lake Balboa, CA 91406
UPDATED:
11/01/2024 04:56 PM
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 3,158 sqft
Price per Sqft $600
MLS Listing ID SR24123030
Style All Other Attached
Bedrooms 8
Full Baths 6
Construction Status Turnkey,Updated/Remodeled
HOA Y/N No
Year Built 1951
Lot Size 8,877 Sqft
Acres 0.2038
Property Description
Three units on an 8,877 sq ft lot, each with its own address and private outdoor space, in a hot neighborhood! Ideal for investors or those seeking a primary residence with high rental income. This remarkable property consists of a 1,613 Sq Ft remodeled and expanded Main House with 4-Beds, 3-Baths, a 1,200 Sq Ft brand-new detached ADU with 3-Beds, 2-Baths, and a 345 Sq Ft brand-new JADU with 1-Bed, 1-Bath, located in one of the most desirable pockets of prime Lake Balboa. The main house has an open floor plan with primary and junior suites, a large living room opening to the outdoors, a brand-new kitchen with white shaker cabinetry, quartz countertops, stainless steel appliances, and a walk-in pantry, plus brand-new bathrooms. The primary suite includes a walk-in closet, sitting area, and sliding doors for outdoor access, while the other bedrooms and bathrooms are positioned on the opposite side for privacy. Additional features include inside laundry, central air & heat, new laminate floors, recessed lighting, and white vinyl fencing. The private outdoor space includes a large covered patio and a driveway for multiple cars. The new detached ADU includes 3 beds, 2 baths, its own address, private outdoor space, solar panels, and indoor laundry. The landscaped outdoor area has palm trees, pebble stones, and new sod, surrounded by a white vinyl fence. Inside, the open floor plan connects the spacious living room and the new kitchen with white shaker cabinetry, quartz countertops, and stainless-steel appliances. The primary bedroom has a large walk-in closet and a private bathroom with a tub. The newly completed JADU, with 1 bedroom and 1 bathroom, is at the front of the property with its own address. It features a living space, a well-sized bedroom with mirrored closet doors, and a kitchen with white shaker cabinetry, quartz countertops, a new gas range, and microwave. The bathroom includes a tub and stackable laundry hook-ups. Enjoy a quiet street, curb appeal with palm trees, and easy parking. Nearby amenities include Lake Balboa Park, golf courses, an off-leash dog park, and a Sunday farmers market. Easy access to the 101 and 405 freeways and the Orange Line Busway. Nothing like it on the market, this is an excellent opportunity to experience Lake Balboa living while investing in a property with great rental income potential, featuring a total of 8 bedrooms and 6 bathrooms.
Location
State CA
County Los Angeles
Area Van Nuys (91406)
Zoning LAR1
Interior
Interior Features Copper Plumbing Full, Recessed Lighting
Cooling Central Forced Air
Flooring Laminate
Equipment Dishwasher, Disposal, Microwave, Gas Range
Appliance Dishwasher, Disposal, Microwave, Gas Range
Laundry Inside
Exterior
Exterior Feature Stucco
Fence New Condition, Vinyl
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Shingle
Building
Lot Description Curbs, Sidewalks, Landscaped
Story 1
Lot Size Range 7500-10889 SF
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories 1 Story
Construction Status Turnkey,Updated/Remodeled
Others
Monthly Total Fees $29
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
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