$1,078,000
$1,099,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
SOLD DATE : 01/24/2023
Key Details
Sold Price $1,078,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD22233072
Sold Date 01/24/23
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Welcome to the fantastic city of Lake Balboa! This newly remodeled property features a 4 bedroom 2 bathroom main house + a 400 square foot 1 bedroom 1 bathroom FULLY PERMITTED JADU. IN ADDITION, the lot features the opportunity to build a 1,200-square-foot ADU in the backyard! Recent upgrades include a NEW roof, NEW flooring, remodeled bathrooms, solar panels, and interior/exterior paint. As a current Airbnb, this property has an average of $10,000/month in revenue, with a high of $14,000! All Airbnb and rental permits will be transferred to the new owner with the sale of the property if desired, and the current management company will gladly come to terms with the new owner if desired. Enjoy close proximity to Lake Balboa Park, Van Nuys/Woodley Lakes Golf Course, Encino Farmer's Market, Sepulveda Basin Off-Leash Park, Los Angeles Metro Orange Line-Balboa Station, bike trails, and easy freeway access. Book an appointment to view this extraordinary property today!
Location
State CA
County Los Angeles
Zoning Public Rec
Direction N. of Vanowen Street| S. of Sherman Way | E. of Woodley Avenue | W. of Haskell Avenue
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with NON LISTED AGENT San Diego
