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$1,249,000

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6 BD

4 BA

2,416 SqFt

Price Dropped by $50K

20656 Covello Street Winnetka, CA 91306

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Kurt Wannebo

kurt@wanneboreg.com +1(858) 405-5878

UPDATED:

01/14/2025 09:06 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,416 sqft

Price per Sqft $516

MLS Listing ID SR25004651

Style Detached

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1955

Lot Size 7,496 Sqft

Acres 0.1721

Property Description

Two Houses on One Lot! 1st - 20656 Covello Street: 1216 sqft, 3 bedrooms, 2 bathrooms, fully renovated in 2023. Currently leased for 24 months at $3350 to a reliable family that has consistently paid on time; lease expires in August 2026. 2nd - 7510 Lurline Ave: 1200 sqft, 3 bedrooms, 2 bathrooms, brand new construction completed in December 2024, featuring a two-car attached garage. This ADU boasts a stunning stone facade, solar panels, and turf landscaping to maximize energy savings. The layout offers a modern open living space. The master bedroom has direct access to the backyard and its own bathroom, while the other two bedrooms share the second bath. The home is cozy, well-designed, and finished with upgraded materials and brand new appliances. This unit is currently listed for rent at $3750, but the new owner can occupy it and collect rent from the other unit to help offset the mortgage costs. This is an excellent opportunity for investors looking to take advantage of the bustling Los Angeles/San Fernando Valley area. A must-see to truly appreciate!
Two Houses on One Lot! 1st - 20656 Covello Street: 1216 sqft, 3 bedrooms, 2 bathrooms, fully renovated in 2023. Currently leased for 24 months at $3350 to a reliable family that has consistently paid on time; lease expires in August 2026. 2nd - 7510 Lurline Ave: 1200 sqft, 3 bedrooms, 2 bathrooms, brand new construction completed in December 2024, featuring a two-car attached garage. This ADU boasts a stunning stone facade, solar panels, and turf landscaping to maximize energy savings. The layout offers a modern open living space. The master bedroom has direct access to the backyard and its own bathroom, while the other two bedrooms share the second bath. The home is cozy, well-designed, and finished with upgraded materials and brand new appliances. This unit is currently listed for rent at $3750, but the new owner can occupy it and collect rent from the other unit to help offset the mortgage costs. This is an excellent opportunity for investors looking to take advantage of the bustling Los Angeles/San Fernando Valley area. A must-see to truly appreciate!

Location

State CA

County Los Angeles

Area Winnetka (91306)

Zoning LARS

Interior

Cooling Central Forced Air, Heat Pump(s), Electric, Energy Star, Gas, High Efficiency

Flooring Linoleum/Vinyl, Wood

Equipment Dryer

Appliance Dryer

Laundry Closet Full Sized

Exterior

Garage Spaces 2.0

Total Parking Spaces 2

Building

Lot Description Curbs

Story 1

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $17

Acceptable Financing Cash, Conventional, Exchange, Lease Option, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, Lease Option, Cash To New Loan

Special Listing Condition Standard

Listed by George Hanna • Colonial Real Estate

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Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

20656 Covello Street Winnetka, CA 91306

Kurt Wannebo

Key Details

Location

Interior

Exterior

Building

Others

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20656 Covello Street