Lake Balboa, CA 91406 7008 Encino Avenue
$1,895,000
24 more
Presented By: Arthur Aslanian with Berkshire Hathaway HomeServices California Properties; 818-335-1239
Home Details
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.
Presented By: Arthur Aslanian with Berkshire Hathaway HomeServices California Properties; 818-335-1239
Interior Features for 7008 Encino Avenue
Bedrooms
Main Level Bedrooms8
Total Bedrooms8
Bathrooms
Main Level Bathrooms6
Total Baths6
Other Interior Features
LivingAreaSourcePlans
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup, Inside
Total Stories1
Window FeaturesDoublePaneWindows, Screens
Other Rooms
Entry Level1
General for 7008 Encino Avenue
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, GasRange, Microwave, WaterHeater
Architectural StyleRanch
Attached Garage No
Carport Y/NNo
CityLake Balboa
Community FeaturesCurbs, StreetLights, Sidewalks, Gated, Park
Construction MaterialsStucco, CopperPlumbing
CoolingCentralAir
CountyLos Angeles
Days on Market57
DirectionsNorth of Vanowen St, West of Louise Ave
DisclosuresAccessoryDwellingUnit
ElectricStandard
Electric On Property Y/NNo
Entry Location1
Exterior FeaturesLighting
Full Baths6
Garage Spaces0.0
Garage Y/NNo
HOA0.0
HeatingCentral
High School DistrictLos Angeles Unified
Home Owner AssocNo
Home Warranty Y/NNo
Interior FeaturesSeparateFormalDiningRoom, OpenFloorplan, QuartzCounters, RecessedLighting, PrimarySuite, WalkInPantry, WalkInClosets
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Living Area UnitsSquareFeet
Lot Size Square Feet8877.0
Lot Size UnitsSquareFeet
MLS AreaLKBL - Lake Balboa
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal3
Occupancy TypeOwner
Other StructuresGuestHouse
Patio/Porch FeaturesRearPorch, Concrete, Covered, FrontPorch
Pool FeaturesNone
Private PoolNo
Property ConditionUpdatedRemodeled, Turnkey
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
RoofShingle
Security FeaturesCarbonMonoxideDetectors, GatedCommunity, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Structure TypeHouse
Tax Lot16
TermsCash, CashToNewLoan
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
View Y/NNo
Waterfront Y/NNo
Year Built1951
Year Built SourceAssessor
ZoningLAR1
Exterior for 7008 Encino Avenue
Crops Included Y/NNo
Door FeaturesSlidingDoors
FencingNewCondition, Vinyl
Foundation DetailsCombination, Raised, Slab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre, BackYard, FrontYard, Lawn, Landscaped, NearPark, NearPublicTransit, SprinklerSystem
Lot Size Acres0.2038
Lot Size Area8877.0
Lot Size SourceAssessor
Open Parking Y/NNo
Parking FeaturesDriveway
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480