7754 Delco Avenue

Winnetka, CA 91306

$1,399,000
Price
8
Beds
5
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

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.
  1. Listed by Timothy Freund • DRE #01078771 • Engel & Voelkers, Westlake Village

Property Details for 7754 Delco Avenue

Zoning
LARS
Property Attached YN
false
Parcel Number
2107014010
Total Units
3.0
Living Area
2980
Area
Winnetka (WIN)
Lot Size Area
8316
Source Lot Size Area
404
LISTING UPDATED: 10/24/2024 11:26 AM

Property Details for 7754 Delco Avenue

StatusActive
MLS #224001595VC
Days on Market216
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.19 AC / 8,316 SF
CountyLos 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

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • View: No
  • Guest House: Attached
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Exposure: West
  • Sewer: In Street
  • Water Heater Features: Electric
Contract Info
Contract Info
  • Disclosures: Home Warranty Plan
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Actual Annual Gross Rent: $7,800.00
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Land Lease Amount Per Year: $.00
  • Lot Acreage: 0.0
  • Lot Size Square Feet: 8316
  • Lot Features: Cul-De-Sac
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Carport Spaces Total: 0
  • Number Of Remote Controls: 0.0
  • Parking Features: Garage - Single Door
Interior Features
Interior Features
  • Levels: One, Two
  • Fireplace: Yes
  • Fireplace Features: Family Room
  • Fireplace Rooms: Family Room
  • Cooling: Air Conditioning
  • Heating: Electric, Natural Gas, Forced Air
  • Heating Type: Electric, Forced Air, Natural Gas
  • Flooring: Wood
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Spa: No
  • Roof: Composition Shingle
  • Entry Location: Ground Level w/Steps
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Construction MVO: Stucco
  • Other Structures: GuestHouse
Lease Terms
Lease Terms
  • Entry Date: 04-26-2024
  • Listing Terms: Conventional
  • Tenant Pays: Cable TV, Electricity, Gas, Water
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
Unit Details
  • Number of Electric Meters: 2
  • Number of Gas Meters: 1
  • Number Water Meters: 1

Property History for 7754 Delco 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 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.

7754 Delco Avenue is a multi-family home for sale in Winnetka, CA 91306. This property was listed for sale on April 26, 2024 by Engel & Voelkers, Westlake Village, it's currently listed at $1,399,000. It has been on the market for a total of 216 days and was last sold on November 7, 2019. 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. 7754 Delco Avenue is a 8-bed, 5-bath, multi-family home built in 1956.

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 Engel & Voelkers, Westlake Village, Timothy Freund, DRE #01078771

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.