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8620 Lubao Avenue, Winnetka, CA 91306
Priced at Only: $1,795,000
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Address: 8620 Lubao Avenue, Winnetka, CA 91306
Property Location and Similar Properties
- MLS#: SR26041579 ( Triplex )
- Street Address: 8620 Lubao Avenue
- Viewed: 5
- Price: $1,795,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2023
- Bldg sqft: 0
- Days On Market: 18
- Additional Information
- County: LOS ANGELES
- City: Winnetka
- Zipcode: 91306
- Provided by: Keller Williams Luxury
- Contact: Shira Shira

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DescriptionThis exceptional income property offers the potential to generate approximately $10,900 (!!!) per month in rental income across 3 separate addresses on one lot. With great tenants already in place in 2 of the units, the income breakdown is as follows: one 3 bedroom, 2 bathroom unit currently brings in $4,000/month, and the 1 bedroom, 1 bathroom unit brings in $2,400/month. The main house, featuring 3 bedrooms and 4 bathrooms, currently brings in $4,500/month, bringing the total projected income of almost $11,000/month. Tenants pay ALL UTILITIES. Landlord will have ONLY property tax and insurance to pay. Buy this property now and start calling rent IMMEDIATELY!! Great tenets in place, beautiful and clean, family oriented neighborhood. The main house at 8620 Lubao boasts incredible curb appeal and a thoughtfully updated open concept floor plan, complete with recessed lighting and new flooring throughout. The bright and spacious living room is bathed in natural light, creating an inviting atmosphere, including direct access to a beautifully landscaped backyard, perfect for morning coffee, weekend gatherings, or BBQs. The contemporary all white and neutral kitchen features ample cabinetry, generous counter space, brand new stainless steel appliances, a stylish island, and an adjacent dining area. New central air and heating ensure year round comfort. The home offers 3 bedrooms and 4 bathrooms. Additionally, the property includes two accessory dwelling units with separate addresses, maximizing rental income potential. The JADU at 8618 Lubao is a well designed 1 bedroom, 1 bathroom unit featuring a full kitchen with ample cabinets and counter space, new appliances, recessed lighting, laminate flooring, an efficient air and heating system, a private washer and dryer, and a charming side yard. The full ADU at 8622 Lubao, located at the rear of the lot for maximum privacy, offers a spacious 3 bedroom, 2 bathroom layout with a modern kitchen, recessed lighting, wood flooring, and direct access to a generous backyard that wraps around the home. Ideally located near Westfield Topanga Mall, dining, shopping, movie theaters, Pierce College, parks, and recreational areas, with convenient access to the 101 Freeway, this property is a rare find with incredible income potential!
Features
Appliances
- Microwave
- Refrigerator
- Dishwasher
Association Fee
- 0.00
Building Area Total
- 3280.00
Commoninterest
- None
Common Walls
- 1 Common Wall
Cooling
- Central Air
Country
- US
Days On Market
- 18
Electric Expense
- 0.00
Fencing
- Vinyl
Fireplace Features
- None
Flooring
- Wood
Fuel Expense
- 0.00
Garage Spaces
- 0.00
Heating
- Central
Insurance Expense
- 2000.00
Interior Features
- Quartz Counters
- High Ceilings
- Recessed Lighting
Laundry Features
- Inside
- Washer Included
- Dryer Included
Levels
- One
Lockboxtype
- See Remarks
Lot Features
- 2-5 Units/Acre
Netoperatingincome
- 125050.00
Parcel Number
- 2782015005
Pool Features
- None
Postalcodeplus4
- 1434
Property Type
- Triplex
Property Condition
- Turnkey
- Updated/Remodeled
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 457322478:CRM
Spa Features
- None
Tenant Pays
- All Utilities
Totalactualrent
- 11400.00
Totalexpenses
- 11750.00
Trash Expense
- 0.00
View
- Neighborhood
Water Sewer Expense
- 0.00
Water Source
- Private
Year Built
- 2023
Year Built Source
- Builder
Zoning
- LARS
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com










































