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$1,088,000   Price Analysis
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8632 Lubao Ave
Winnetka, CA 91306
5 bed 3 bath 1,880 SqFt ($578/SqFt)
8,192SqFt lot. Built 1955
Listed 2024-03-07, Taxes $9,693
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Two homes on one lot each w/ their own address situated in a lovely neighborhood.

* No Longer For Sale *
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8632~ 3bed/1bath front home. Single story approx. 1000sf w/ a 2 car attached garage. The kitchen has granite counters, stinless steel appliances and updated fixtures. There is an open living area w/a fireplace and a dining area. 8630~2bed/2bath accessory dwelling unit built in 2019. Single story 880 sq. ft. w/open floor plan. Kitchen has white self closing shaker cabinets, quartz counters and stainless steel appliances. Laminate flo ors throughout w/carpet in the bedrooms. Bathrooms have updated vanities, quartz countertops, tiled floors, tiled shower/tub and stylish fixtures. Units are on separate gas and electric meters and 1 shared water meter. Rents for both houses currently bring in approx. $5460/mo. Both properties have laundry hook ups, central heat and AC. Close to shops and schools. Rear unit is built 2019 so there is opportunity for buyer to owner occupy in order to live in one and rent the other (buyer to verify). Sold with Tenants in place. Great income!

Low vacancy. Photos are from when the property was vacant


Presented by Mark Walker at
Nourmand & Associates - Hollywood.
Listing Agent Photo

Property MLS #24-364495 from TheMLSCLAW

Bedrooms: 5

Total Bathrooms: 3
Full Bathrooms: 3

Microwave
Oven-Gas
Range
Laundry Facilities: In Unit, Inside
Laundry Features: In Unit, Inside

Remodeled
Stone Counters
Kitchen Features: Remodeled, Stone Counters

Cooling Features: Central, Air Conditioning
Fireplace Features: Living Room
Heating Features: Central

Flooring: Engineered Hardwood, Mixed, Hardwood

Lot Size Acres: 0.1880624
Lot Size Dimensions: 60x136
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 8192

Garage Spaces: 2
Garage Description: Garage Is Detached, Garage - 2 Car
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 2
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1, 1 SquareFeet: 3200, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 3000

Number of Units Leased: 2

Source Listing Status: Sold
County: Los Angeles
Directions: East of Winnetka Blvd, South of Parthenia
Source Property Type: Residential Income
Inclusions: Range/ovens, dishwashers, microwaves, washer/dryer
Area: Winnetka
Source Neighborhood: Winnetka
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Owner Pays: Water, Gardener
Parcel Number: 2782-015-003
Postal Code Plus 4: 1434
Zoning: LARS
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$288,558 + $515,283
$803,841
$9,693
2021$282,900 + $505,180
$788,080
$9,571
2020$280,000 + $500,000
$780,000
$9,603
2019$97,000 + $388,000
$485,000
$5,937
2018$85,398 + $105,843
$191,241
$2,380
2017$83,724 + $103,768
$187,492
$2,326
2016$82,083 + $101,734
$183,817
$2,265
2015$80,851 + $100,206
$181,057
$2,233
2014$79,268 + $98,244
$177,512
$2,248
2013$78,910 + $97,800
$176,710
$2,248
2012$77,363 + $95,883
$173,246
$2,276
2010$75,847 + $94,003
$169,850
$2,229
2009$75,460 + $93,523
$168,983
$2,151
2009$75,281 + $93,301
$168,582
$2,151
2008$73,981 + $91,690
$165,671
$2,061
2007$72,531 + $89,893
$162,424
$1,991

Sold 2024-05-21
$1,075,000
TheMLSCLAW
Listed 2024-03-07
$1,088,000
TheMLSCLAW
Listing removed 2020-01-26
$0
TheMLSCLAW
Price Changed for rent 2020-01-02
$2,750
TheMLSCLAW
Price Changed for rent 2019-11-16
$2,890
TheMLSCLAW
Price Changed for rent 2019-10-24
$3,050
TheMLSCLAW
Listed for rent 2019-10-01
$3,200
TheMLSCLAW
Sold 2019-09-30
$779,990
CRMLS
Listed 2019-08-04
$779,990
CRMLS
Listing removed 2018-10-19
$0
CRISNET
Listed 2018-10-18
$499,000
CRISNET
Sold 2018-10-15
$485,000
CRISNET
Listed 2018-09-16
$499,000
SanDiegoMLS
Listed 2018-09-16
$499,000
CRISNET
Sold 2000-07-13
$40,000
Public Record
Sold 1996-05-31
$131,000
Public Record

Net Operating Income: 63744

Total Square Feet Living: 1880
Year Built: 1955
Common Walls: Detached/No Common Walls
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 69
Property Condition: Updated/Remodeled
Levels or Stories: 1
Building Total Stories: 1
House Style: Traditional
Year Built Source: Vendor Enhanced
Architectural Style: Traditional

Other Equipment: Washer, Refrigerator, Range/Oven, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave

Winnetka Avenue Elementary School is a public elementary school located approximately 0.6 miles away.
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John A. Sutter Middle School is a public middle school located approximately 1.6 miles away.
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Northridge Academy High is a public high school located approximately 2.8 miles away.
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Academy for Advancement of Children With Autism is a private elementary, middle and high school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.