USD $1,400,000
7754 Delco Avenue, Winnetka, CA, 91306, US
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Listing Courtesy of  Engel & Voelkers, Westlake Village
8 Bd
5 Ba
2,980 sq.ft
AM-5037058
MLS#: 224001595

Exclusive Investment Opportunity


Rare opportunity to own a cash flowing compound! Currently all three units are rented. Drive by only, please do not disturb occupants. Main house, 7754 Delco Ave is nearly 1,700 SF and features 4 beds (3+open office), 3 baths, a breezeway that attaches to a 2 car garage. Remodeled in 2020 including a new roof and electrical panels, the home features quartz counters and stainless appliances, luxury vinyl plank floors, wood windows and a lovely fully fenced yard. Current lease runs through 3/25. Behind the 2 car garage is 7756 and 7756 1/2 Delco Ave, a fully permitted 1200 SF 2 story ADU that has been divided into two apartments. 7756 1/2 is the smaller second floor apartment and is 500 square feet with an eat in kitchen, private laundry, 2 bedrooms and 1 bath and offers a huge enclosed patio. Each unit has its own water heater and HVAC all new in 2020. All homes have their own laundry. Current tenant is on month to month and requires 60 days notice. 7756 Delco is the
lower unit which is 700 SF, and consists of 2 beds, 1 bath, remodeled kitchen, private laundry and a small patio and grassy yard. Current tenant is leaving 10/31. These two units are fully permitted as one 1200 SF ADU but have been divided into two but could easily go back to a single 1200 SF guest house if desired. The ADU apartments use one electric meter but there is a submeter for the upper unit's electric and each also has their own water submeter. ADU tenants pay all utilities except trash. Even internet is separate. The main house pays all their utilities. Sewer is divided 3 ways and water is calculated by usage. Currently the combined rent for the 3 units is $7,800 and they are never vacant. Current Section 8 allows for $3,052 for each two bedroom and up to $4,320 for the 4 bed if the office is turned back into a bedroom. That's a potential gross rent of $10,424 a month! Located on a dead-end street, there is secluded parking. Interior pics are from 2020.
lower unit which is 700 SF, and consists of 2 beds, 1 bath, remodeled kitchen, private laundry and a small patio and grassy yard. Current tenant is leaving 10/31. These two units are fully permitted as one 1200 SF ADU but have been divided into two but could easily go back to a single 1200 SF guest house if desired. The ADU apartments use one electric meter but there is a submeter for the upper unit's electric and each also has their own water submeter. ADU tenants pay all utilities except trash. Even internet is separate. The main house pays all their utilities. Sewer is divided 3 ways and water is calculated by usage. Currently the combined rent for the 3 units is $7,800 and they are never vacant. Current Section 8 allows for $3,052 for each two bedroom and up to $4,320 for the 4 bed if the office is turned back into a bedroom. That's a potential gross rent of $10,424 a month! Located on a dead-end street, there is secluded parking. Interior pics are from 2020.
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Listing Highlights

  • Subtype

    Triplex
  • Price Per Sq Ft

    $469.8
  • Year Built

    1956
  • Architectural Style

    Calif Bungalow
  • Garage Spaces

    2
  • Living Area (Sq Ft)

    2,980 sq.ft
  • Stories

    2
  • Lot Size (Sq Ft)

    8,316 sq.ft
  • Heating

    Forced Air, Natural Gas
  • County

    Los Angeles

Property Details

  • Interior Features

      Bedrooms

    • Bedrooms: 8
    • Bathrooms

    • Total Bathrooms: 5
    • Full Bathrooms: 5
    • Other Rooms

    • Total Rooms: 3
    • Appliances

    • Refrigerator
    • Range
    • Dryer
    • Washer
    • Heating & Cooling

    • Heating: Forced Air, Natural Gas
  • Exterior Features
    Lot Features
    Cul-De-Sac
    Fencing
    Fenced
  • Construction
    Property Type
    Residential Income
    Construction Materials
    Stucco
    Year Built
    1956
    Property Subtype
    Triplex
    New Construction
    No
    Architectural Style
    Calif Bungalow
    Property Condition
    Updated/Remodeled
    Building Area Total
    2980
  • Parking
    Garage
    Yes
    Garage Spaces
    2

Location

  • CA
  • Winnetka
  • 91306
  • Los Angeles
  • 7754 Delco Avenue

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This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

“Based on information from the Association of REALTORS®/Multiple Listing as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.”

Conejo Simi Moorpark Association of REALTORS

Updated: April 3, 2025 2:00 AM