Winnetka, CA 91306,7614 Mason Avenue
Winnetka, CA 91306,7614 Mason Avenue
Winnetka, CA 91306,7614 Mason Avenue
$1,348,500
Est. payment /mo
$1,300,000
3.7%
Est.Price: ?

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7 Beds
6 Baths
6,231 Sqft Lot
SOLD DATE : 02/24/2022

Key Details

Sold Price $1,348,500

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PF22002353

Sold Date 02/24/22

Bedrooms 7

HOA Y/N No

Lot Size 6,231 Sqft

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.
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 Winnetka (91306)

Zoning Public Rec

Interior

Cooling Central Forced Air, Wall/Window

Appliance Forced Air Unit

Exterior

Exterior Feature Stucco

Roof Type Tile/Clay

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Space Rent $1,875

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Alexander Gingrich • Dilbeck Real Estate
Bought with NON LISTED AGENT • San Diego
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