7754 Delco Avenue, Winnetka
Winnetka Home For Sale
Rare opportunity to own a cash flowing compound! Currently all three units are rented. Drive by only, please do not disturb occupants. Main house 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 garage is 7756 and 7756 1/2 Delco Ave. a fully permitted 1200 SF 2 story ADU that has been split 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. This unit has its own water heater and HVAC all new in 2020. Lease runs through 8/24. 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. Lease runs through 9/24. These two units are fully permitted as one 1200 SF ADU but have been split into two but could easily go back to a single 1200 SF guest house if desired. The ADU apartments share an 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 split 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
Sales Agent
- Beach Cities Real Estate
- Phone: (888) 990-7111
- Cell: (888) 990-7111
- Contact Agent Now
Additional Information
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- City:
- Winnetka
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- County:
- Los Angeles
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- Zip:
- 91306
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- MLS® #:
- 224001595
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- Bedrooms:
- 8
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- Bathrooms:
- 5
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- Square Ft:
- 2,980
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- Lot Size:
- 0.19
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- Levels:
- One, Two
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- Garages:
- 2
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- HOA Dues:
- $
Price Change History for 7754 Delco Avenue, Winnetka, (MLS® #224001595)
Date | Details | Price | Change |
---|---|---|---|
Price Reduced (from $1,550,000) | $1,450,000 | $100,000 (6.45%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 14th, 2024 at 3:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.