6243 Wilbur - 18911 Erwin Avenue

Tarzana, CA 91335

$1,299,526
Price
6
Beds
4
Baths
2,240 Sq. Ft.
$580 / Sq. Ft.
2,240
Sq. Ft.
$580
per Sq. Ft.

Description

Rarely does an opportunity arise to own two homes on one lot! This property presents a unique chance to enjoy the comfort and privacy of two separate residences, each with its own address, power meters, and distinct features. Nestled on a corner lot, both homes offer unparalleled privacy and individuality. The main home boasts classic charm and inviting interiors, 3-bedroom, 1-bathroom, 1,040 SqFt of living, while the second home (ADU) built in 2023 boasts 3 bedrooms, 2.5 bathrooms, and 1,200 square...Rarely does an opportunity arise to own two homes on one lot! This property presents a unique chance to enjoy the comfort and privacy of two separate residences, each with its own address, power meters, and distinct features. Nestled on a corner lot, both homes offer unparalleled privacy and individuality. The main home boasts classic charm and inviting interiors, 3-bedroom, 1-bathroom, 1,040 SqFt of living, while the second home (ADU) built in 2023 boasts 3 bedrooms, 2.5 bathrooms, and 1,200 square feet of luxurious living space with high-end finishes, and a balcony offering stunning views. Both homes feature private yards, creating serene outdoor retreats for relaxation and enjoyment. Whether you're looking for an investment opportunity or seeking multi-generational living arrangements, this property offers endless possibilities. Live in one home and rent out the other to offset your mortgage payments, or use the ADU as an artist studio or retreat. Alternatively, keep your family close by while still maintaining separate living spaces for added comfort and privacy. Conveniently located near the ERETZ Synagogue & Cultural Center and Vanalden Ave Elementary School. This property offers easy access to shopping, dining, and entertainment, major freeways, colleges, and the Westfield Topanga Mall/The Village. Pro forma rent may be approximately up to $3500 for the front house and $5,000 for the ADU. Approx $102,000 in annual income. Schedule a viewing today and discover the endless potential!
  1. Listed by George Ouzounian • DRE #01948763 • Brokerage DRE #01904054 • The Agency • 818-900-4259
  2. Listed by Gina Michelle • DRE #01503003 • Brokerage DRE #01904054 • The Agency

Property Details for 6243 Wilbur - 18911 Erwin Avenue

Architectural Style
Traditional
View
City Lights, Mountain(s), Neighborhood, Trees/Woods, Valley
Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of The Agency, George Ouzounian, DRE #01948763; The Agency, Gina Michelle, DRE #01503003
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LISTING UPDATED: 04/30/2024 11:05 AM

Property Details for 6243 Wilbur - 18911 Erwin Avenue

StatusActive
MLS #SR24084774
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.16 AC / 7,186 SF
CountyLos Angeles County

Location

Listing Courtesy of The Agency, George Ouzounian, DRE #01948763; The Agency, Gina Michelle, DRE #01503003
Add your commute

Building Information for 6243 Wilbur - 18911 Erwin Avenue

Stories1Residences-Year Built1951Building Size-Lot Size0.16 AC / 7,186 SF

Payment Calculator

$7,092 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,092

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6243 Wilbur - 18911 Erwin Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $102,000
  • Gross Scheduled Income: $102,000
  • Net Operating Income: $99,600
  • Cap Rate: 7.6
Expense Details
  • Operating Expense: $2,400
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $1,200
  • Water Sewer Expense: $1,200
  • Total Expenses: $2,400
Tax / Assessment Info
  • Tax Tract Number: 16762
  • Tax Census Tract: 1331.01
  • CFD/Mello-Roos Fee: $255
  • Tax Lot: 16
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Hiking, Park, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Equipment: Dishwasher, Dryer, Dryer Included, In Closet, Inside, Laundry Closet Stacked, Refrigerator, Stackable W/D Hookup, Washer, Washer Included
  • Interior Features: Balcony, Built-in Features, Copper Plumbing Full, Living Room Balcony, Open Floorplan, Recessed Lighting, Unfurnished
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet
  • Bedroom Features: WalkInCloset
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Closet, Inside, Stackable, Washer Included
  • Fireplace Features: Outside
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Other
  • Heating: Fireplace(s), See Remarks
  • Heat Equipment: Fireplace, Other/Remarks
  • Flooring: Tile, Wood
Exterior Features
  • Door Features: Sliding Doors
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Exterior Features: Balcony
  • Entry Location: 0
  • Other Structures: Guest House, Guest House Detached
  • Property Condition: Turnkey, Updated/Remodeled
  • View Description: City Lights, Trees/Woods, Valley
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
  • Tennis Court: Guest House
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Park Nearby, Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Electric: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage: Driveway, Garage, On street
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage, Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 0

Property History for 6243 Wilbur - 18911 Erwin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 6243 Wilbur - 18911 Erwin Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Charter - 6 to 12
Public - 4 to 12
Rating
School
Distance
Vanalden Avenue Elementary School
PublicK to 5

Gaspar De Portola Middle School
Charter6 to 8

Reseda Senior High School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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6243 Wilbur - 18911 Erwin Avenue is a multi-family home for sale in Tarzana, CA 91335. This property was listed for sale on April 29, 2024 by The Agency, it's currently listed at $1,299,526. This listing's school district is Los Angeles Unified School District. Nearby schools include Vanalden Avenue Elementary School, Gaspar De Portola Middle School and Reseda Senior High School. 6243 Wilbur - 18911 Erwin Avenue is a 6-bed, 4-bath, 2,240 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, George Ouzounian, DRE #01948763; The Agency, Gina Michelle, DRE #01503003

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.