Active
7008 Encino AVE
LAKE BALBOA CA, 91406
$1,895,000
$600.06 per sqft
Active
8 Beds
6 Baths
3,158 sqft
Residential
Built in 1951
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 farmer s 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.
SR24123030MR
MLSⓇ ID
June 17, 2024
Listed
September 13, 2024
Updated
Map
7008 Encino AVE
LAKE BALBOA CA, 91406
Interior Features
Total Stories
1
Bedrooms
8
Total Bathrooms
6
Full Bathrooms
6
Appliances
Dishwasher, Gas Dryer Hookup, Inside, Microwave, Washer Hookup
Laundry Description
Gas Dryer Hookup, Inside, Washer Hookup
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.2 Acres
Architectual Style
Ranch
Roof
Shingle
Sewer
Public Sewer
School Information
School District
Los Angeles Unified
Other Property Details
Area Name
Lake Balboa
Days on Market
23
Garage
No
Parking
Driveway
Parking Total
0
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR1
Listed by Arthur Aslanian with Berkshire Hathaway HomeServices California Propert
Listing Contact: 818-335-1239
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©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/13/2024