7754 Delco Avenue
$1,399,000
8
5
—
—
—
Description
Rare opportunity to own a cash flowing compound! Currently all three units are rented. Drive by only, please do not disturb occupants. Main house, 7754 Delco Ave 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...Rare opportunity to own a cash flowing compound! Currently all three units are rented. Drive by only, please do not disturb occupants. Main house, 7754 Delco Ave 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 2 car garage is 7756 and 7756 1/2 Delco Ave, a fully permitted 1200 SF 2 story ADU that has been divided 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. Each unit has its own water heater and HVAC all new in 2020. All homes have their own laundry. Current tenant is on month to month and requires 60 days notice. 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. Current tenant is leaving 10/31. These two units are fully permitted as one 1200 SF ADU but have been divided into two but could easily go back to a single 1200 SF guest house if desired. The ADU apartments use one 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 divided 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.
- Listed by Timothy Freund • DRE #01078771 • Engel & Voelkers, Westlake Village
Property Details for 7754 Delco Avenue
Zoning
LARS
Property Attached YNfalse
Parcel Number2107014010
Total Units3.0
Living Area2980
AreaWinnetka (WIN)
Lot Size Area8316
Source Lot Size Area404
LISTING UPDATED: 10/24/2024 11:26 AM
Property Details for 7754 Delco Avenue
Status | Active |
---|---|
MLS # | 224001595VC |
Days on Market | 216 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1956 |
Lot Size | 0.19 AC / 8,316 SF |
County | Los Angeles County |
Building Information for 7754 Delco Avenue
Stories2Residences-Year Built1956Building Size-Lot Size0.19 AC / 8,316 SF
Property Information for 7754 Delco Avenue
Property History for 7754 Delco Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7754 Delco Avenue
Taxable ValueLand$498,894Additions$307,945Total$806,839
Tax Record2024$10,141 ($845 / month)
Home Facts
Beds8Total Finished SqFt2,980 SqFtAbove Grade Finished SqFt2,980 SqFtStories1Lot Size8,313 SqFtStyleTownhouseYear Built1956ZoningLARSCountyLOS ANGELESAPN2107-014-010
Schools near 7754 Delco 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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.