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Key Details
Sold Price $1,078,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,116 sqft
Price per Sqft $509
MLS Listing ID GD22232979
Sold Date 01/25/23
Style Detached
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1951
Lot Size 8,907 Sqft
Acres 0.2045
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!
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
Area Van Nuys (91406)
Zoning LAR1
Interior
Cooling Central Forced Air
Fireplaces Type FP in Master BR
Laundry Closet Full Sized
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $25
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with NON LISTED AGENT • NON LISTED OFFICE