$1,078,000
$1,099,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
8,908 Sqft Lot
SOLD DATE : 01/24/2023
Key Details
Sold Price $1,078,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD22233072
Sold Date 01/24/23
HOA Y/N No
Year Built 1951
Lot Size 8,908 Sqft
Property Description
Welcome to the fantastic city of Lake Balboa! This newly remodeled property features a 4 bedroom 2 bathroom main house + a 400 square foot 1 bedroom 1 bathroom FULLY PERMITTED JADU. IN ADDITION, the lot features the opportunity to build a 1,200-square-foot ADU in the backyard! Recent upgrades include a NEW roof, NEW flooring, remodeled bathrooms, solar panels, and interior/exterior paint. As a current Airbnb, this property has an average of $10,000/month in revenue, with a high of $14,000! All Airbnb and rental permits will be transferred to the new owner with the sale of the property if desired, and the current management company will gladly come to terms with the new owner if desired. Enjoy close proximity to Lake Balboa Park, Van Nuys/Woodley Lakes Golf Course, Encino Farmer's Market, Sepulveda Basin Off-Leash Park, Los Angeles Metro Orange Line-Balboa Station, bike trails, and easy freeway access. Book an appointment to view this extraordinary property today!
Location
State CA
County Los Angeles
Area Lkbl - Lake Balboa
Zoning LAR1
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air
Fireplaces Type Primary Bedroom
Fireplace Yes
Laundry Laundry Closet
Exterior
Garage Driveway
Pool None
Community Features Biking, Dog Park, Fishing, Golf, Lake, Park
Parking Type Driveway
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2224029018
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Luisa Carrillo • Park Regency Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "