7614 Mason Avenue

Winnetka, CA 91306

$1,398,000
Price
7
Beds
6
Baths
3,980 Sq. Ft.
$351 / Sq. Ft.
3,980
Sq. Ft.
$351
per Sq. Ft.

Description

Outstanding residential income opportunity in the heart of Winnetka! Welcome to 7614 Mason Ave, a great unit mix quadruplex. (1) 3+2 $2254; (1) 2+2 $1,957; (2) 1+1 $1,545 and $1,191, total gross rent is $6,947. The units have spacious living areas, well-appointed kitchens, dining areas, and bedrooms. There is copper plumbing throughout, garage parking, and conveniently located just 2 miles from Westfield Topanga, shopping, dining, and entertainment!Outstanding residential income opportunity in the heart of Winnetka! Welcome to 7614 Mason Ave, a great unit mix quadruplex. (1) 3+2 $2254; (1) 2+2 $1,957; (2) 1+1 $1,545 and $1,191, total gross rent is $6,947. The units have spacious living areas, well-appointed kitchens, dining areas, and bedrooms. There is copper plumbing throughout, garage parking, and conveniently located just 2 miles from Westfield Topanga, shopping, dining, and entertainment!
  1. Listed by Raffi Soualian • DRE #01887303 • Brokerage DRE #01873088 • JohnHart Real Estate • 818-464-5819
  2. Listed by Taline Soualian • DRE #01937721 • Brokerage DRE #01873088 • JohnHart Real Estate

Property Details for 7614 Mason Avenue

View
None
Parking Spaces Total
5
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
1 Common Wall
LISTING UPDATED: 09/16/2024 11:19 PM

Property Details for 7614 Mason Avenue

StatusActive
MLS #GD24191109
Days on Market68
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.14 AC / 6,231 SF
CountyLos Angeles County

Building Information for 7614 Mason Avenue

Stories1Residences-Year Built1963Building Size-Lot Size0.14 AC / 6,231 SF

Property Information for 7614 Mason Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $83,360
  • Gross Scheduled Income: $83,364
  • Net Operating Income: $57,551
  • Cap Rate: 4.0
Expense Details
  • Operating Expense: $25,813
  • New Taxes Expense: $18,113
  • Gardener Expense: $1,200
  • Licenses Expense: $400
  • Insurance Expense: $2,200
  • Trash Expense: $0
  • Water Sewer Expense: $3,900
  • Total Expenses: $25,813
Tax / Assessment Info
  • Tax Tract Number: 27095
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 3
Community / Development
Community / Development
  • Accessibility Features: None
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Laundry: Yes
  • Laundry Features: Outside
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Cooling: Wall/Window Unit(s)
  • Flooring: Carpet, Wood
Exterior Features
  • Entry Location: Front door
  • Pool Features: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Lease: No
  • Levels: One
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,254
  • Unit Type Total Rent: $2,254
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,957
  • Unit Type Total Rent: $1,957
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,545
  • Unit Type Total Rent: $1,545
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,191
  • Unit Type Total Rent: $1,191
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 7614 Mason Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7614 Mason Avenue

Taxable ValueLand$520,200Additions$882,779Total$1,402,979
Tax Record2024$17,530 ($1,461 / month)
Home Facts
Total Finished SqFt3,980 SqFtAbove Grade Finished SqFt3,980 SqFtLot Size6,231 SqFtStyleQuadraplexYear Built1963ZoningLAR3CountyLOS ANGELESAPN2114-002-003

Schools near 7614 Mason Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sunny Brae Avenue Elementary School
PublicK to 5

John A. Sutter Middle School
Public6 to 8

Northridge Academy High
Public9 to 12

Valley Academy Of Arts And Sciences
Public9 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.

Similar Homes

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7614 Mason Avenue is a multi-family home for sale in Winnetka, CA 91306. This property was listed for sale on September 16, 2024 by JohnHart Real Estate, it's currently listed at $1,398,000. It has been on the market for a total of 68 days and was last sold on February 24, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Sunny Brae Avenue Elementary School, John A. Sutter Middle School and Northridge Academy High. 7614 Mason Avenue is a 7-bed, 6-bath, 3,980 sqft multi-family home built in 1963.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JohnHart Real Estate, Raffi Soualian, DRE #01887303; JohnHart Real Estate, Taline Soualian, DRE #01937721

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.