7008 Encino AVE Active Save Request In-Person Tour Request Virtual Tour
Lake Balboa,CA 91406
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,158 sqft
Price per Sqft $554
MLS Listing ID CRSR24123030
Style Ranch
Bedrooms 8
Full Baths 6
Originating Board California Regional MLS
Year Built 1951
Lot Size 8,877 Sqft
Property Description
At a new price and an exciting GRM of 14.6, this fully rented three-unit property offers an excellent opportunity for those seeking to complete a 1031 exchange or acquire a high-income-generating asset in a prime residential neighborhood of Lake Balboa, conveniently located near the 405 and 101 FWYs just north of Encino. The property features a remodeled and extended 4-bed, 3-bath, 1,613 sq ft main house, a brand-new 3-bed, 2-bath, 1,200 sq ft detached ADU with a paid-off solar system, and a 1-bed, 1-bath, 345 sq ft JADU. In total, it offers 3,158 sq ft of living space with a combined 8-bed, 6-bath count on an 8,877 sq ft lot. Three units, each with its own address, private outdoor space, and in-unit laundry. The main house features an open floor plan with a spacious living room, a primary suite, and a junior suite. It boasts a brand-new kitchen equipped with white shaker cabinetry, quartz countertops, a walk-in pantry, and fully renovated bathrooms. The new detached ADU offers private outdoor space with palm trees, enclosed by a white vinyl fence. Inside, the open floor plan seamlessly connects the spacious living room to the new kitchen, featuring white shaker cabinetry and quartz countertops. The primary bedroom includes a large walk-in closet and a private bathroom with a tub
Location
State CA
County Los Angeles
Area Lkbl - Lake Balboa
Zoning LAR1
Rooms
Dining Room Formal Dining Room,Other
Kitchen Dishwasher,Garbage Disposal,Microwave,Pantry,Oven Range - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate
Fireplaces Type None
Laundry Gas Hookup,30,Other
Exterior
Parking Features Other
Fence Other
Pool 31,None
View None
Roof Type Shingle
Building
Story One Story
Foundation Raised,Combination,Concrete Slab
Water Hot Water,District - Public
Architectural Style Ranch
Others
Tax ID 2228027002
Special Listing Condition Not Applicable