Winnetka, CA 91306,7614 Mason AVE
$1,348,500
$1,300,000
3.7%
Est.Price: ?

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6,229 Sqft Lot

7614 Mason AVE Winnetka, CA 91306

Est. payment /mo
SOLD DATE : 02/24/2022

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Key Details

Sold Price $1,348,500

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PF22002353

Year Built 1963

Lot Size 6,229 Sqft

Property Sub-Type Quadruplex

Property Description

Bread and butter quadraplex in Winnetka. Great unit mix, (1) 3+2 $1,875; (1) 2+2 $1,900; (2) 1+1 $1,500 and $1,200, total gross rent is $6,475. Rents are well below market. Two units are updated, seller is offering $30k credit towards updating the other two units. Copper plumbing replaced in the whole building. 5 garage spaces. A coin operated laundry facility is on site. Tenants pay for all utilities except water. The property is located just over 2 miles from The Village on Topanga, and only 1.5 miles from Pierce College. At this price point, this is a great additional to any portfolio or an ideal option for first time investors.

Location

State CA

County Los Angeles

Area Win - Winnetka

Zoning LAR3

Interior

Heating Forced Air, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Laundry Common Area, Laundry Room

Exterior

Parking Features Garage

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Tile

Building

Lot Description 0-1 Unit/Acre, Level, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Alexander Gingrich Dilbeck Real Estate
Bought with Raffi Soualian JohnHart Real Estate

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Jacqui Larson

Jacqui Larson

Broker Associate | License ID: 01407829

+1(760) 585-5437

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