7008 Encino Avenue, Lake Balboa, CA 91406
  • MLS#: SR24124108 ( Single Family Residence )
  • Street Address: 7008 Encino Avenue
  • Viewed: 3
  • Price: $1,895,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1951
  • Bldg sqft: 0
  • Days On Market: 152
  • Additional Information
  • County: LOS ANGELES
  • City: Lake Balboa
  • Zipcode: 91406
  • Provided by: Berkshire Hathaway HomeServices California Propert
  • Contact: Arthur Arthur
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Three units on an 8,877 sq ft lot, each with its own address and private outdoor space, in a hot neighborhood! Ideal for investors or those seeking a primary residence with high rental income. This remarkable property consists of a 1,613 Sq Ft remodeled and expanded Main House with 4 Beds, 3 Baths, a 1,200 Sq Ft brand new detached ADU with 3 Beds, 2 Baths, and a 345 Sq Ft brand new JADU with 1 Bed, 1 Bath, located in one of the most desirable pockets of prime Lake Balboa. The main house has an open floor plan with primary and junior suites, a large living room opening to the outdoors, a brand new kitchen with white shaker cabinetry, quartz countertops, stainless steel appliances, and a walk in pantry, plus brand new bathrooms. The primary suite includes a walk in closet, sitting area, and sliding doors for outdoor access, while the other bedrooms and bathrooms are positioned on the opposite side for privacy. Additional features include inside laundry, central air & heat, new laminate floors, recessed lighting, and white vinyl fencing. The private outdoor space includes a large covered patio and a driveway for multiple cars. The new detached ADU includes 3 beds, 2 baths, its own address, private outdoor space, solar panels, and indoor laundry. The landscaped outdoor area has palm trees, pebble stones, and new sod, surrounded by a white vinyl fence. Inside, the open floor plan connects the spacious living room and the new kitchen with white shaker cabinetry, quartz countertops, and stainless steel appliances. The primary bedroom has a large walk in closet and a private bathroom with a tub. The newly completed JADU, with 1 bedroom and 1 bathroom, is at the front of the property with its own address. It features a living space, a well sized bedroom with mirrored closet doors, and a kitchen with white shaker cabinetry, quartz countertops, a new gas range, and microwave. The bathroom includes a tub and stackable laundry hook ups. Enjoy a quiet street, curb appeal with palm trees, and easy parking. Nearby amenities include Lake Balboa Park, golf courses, an off leash dog park, and a Sunday farmers market. Easy access to the 101 and 405 freeways and the Orange Line Busway. Nothing like it on the market, this is an excellent opportunity to experience Lake Balboa living while investing in a property with great rental income potential, featuring a total of 8 bedrooms and 6 bathrooms.
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Features
Appliances
  1. Dishwasher
  2. Disposal
  3. Gas Range
  4. Microwave
  5. Water Heater
Architectural Style
  1. Ranch
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 3158.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Construction Materials
  1. Stucco
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 137
Door Features
  1. Sliding Doors
Electric
  1. Standard
Electric Expense
  1. 0.00
Fencing
  1. Block
  2. Excellent Condition
  3. New Condition
  4. Vinyl
Fireplace Features
  1. None
Flooring
  1. Laminate
Foundation Details
  1. Raised
  2. Slab
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 5000.00
Interior Features
  1. Copper Plumbing Full
  2. Open Floorplan
  3. Quartz Counters
  4. Recessed Lighting
Laundry Features
  1. Gas Dryer Hookup
  2. Inside
  3. Washer Hookup
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. Landscaped
  2. Lot 6500-9999
  3. Level
  4. Near Public Transit
  5. Park Nearby
  6. Sprinkler System
  7. Walkstreet
Netoperatingincome
  1. 135120.00
Other Structures
  1. Guest House
Parcel Number
  1. 2228027002
Parking Features
  1. Driveway
Pool Features
  1. None
Property Type
  1. Single Family Residence
Property Condition
  1. Turnkey
  2. Updated/Remodeled
Road Surface Type
  1. Paved
Roof
  1. Shingle
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 417179663:CRM
Spa Features
  1. None
Tenant Pays
  1. All Utilities
Totalexpenses
  1. 5000.00
Trash Expense
  1. 0.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
View
  1. None
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Window Features
  1. Double Pane Windows
  2. Screens
Year Built
  1. 1951
Year Built Source
  1. Assessor