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Price Reduced ! With CAP RATE of 6 ** Rare opportunity to own 3 UNITS ( 2 DETACHED HOUSES + JADU ) ,Nestled in the prime area of Woodland Hills, Walnut Acre area **** Situated on a spacious lot spanning over 10,000 square feet, each 2 story house boasts its own yard and ample living space. >>>1) FIRST HOUSE 22819 Mariano Str : underwent a meticulous remodeling last year, featuring three spacious light and bright bedrooms and two bathrooms. The primary bedroom impresses with its sizeable walk-in closet, laminate flooring and recessed lights while the other bedrooms offer large space, large closets and potential for further adding extra bathroom upstairs** Downstairs, an open living and dining area welcomes you with laminate flooring, recessed lights, and a cozy fireplace **The remodeled kitchen is a chef's delight, equipped with new cabinets, stainless steel appliances, and granite countertops ** Remodeled bathroom off the living room ** NEW AC and TANKLESS WATER HEATER add to the extra convenience. ** Washer dryer closet on the second floor ** The huge and spacey backyard offers a large RV ACCESS, cemented and artificial turf area, perfect for entertaining ,fiestas and large gatherings. ** A large size gated parking space , with capacity for 3 cars ,perfect for use as parking and storage area >>> 2) ADU : The garage under 22819 Mariano St has been converted into a Junior ADU, complete with a cozy living room, bedroom, beautiful bathroom, and gorgeous kitchenette with granite countertop , quality cabinets and in unit laundry hookups. >>> 3) SECOND HOUSE :22817 Mariano Str : three large and bright bedrooms ,two recently remodeled bathrooms, and a two-car garage. Freshly painted unit, new laminate floor in living and dining ,stairs with new carpet flooring .Living room offers a cozy fireplace and a bright ambience ** Two of the bedrooms have walk in closet ** This unit offers its own back yard and there is a potential for converting its garage into another ADU for added income **** The property including the non permitted JADU is approximately 3600 SqFt >>>Extremely private lot down a driveway. Zoned for award-winning El Camino and Hale charter schools, Near shops, FWY, restaurants... >>OPPORTUNITY TO CONVERT THE GARAGE UNDERNEATH 22817 MARIANO STR to JUNIOR ADU ($2200 market rent) MAKES 4 UNITS ALTOGETHER, A TOTAL OF $152,000 YEARLY RENTAL INCOME POTENTIAL,IF ALL RENTED.
Property Type(s):
Residential Income
| Last Updated | 10/19/2024 | Year Built | 1963 |
|---|---|---|---|
| Community | Woodland Hills | Garage Spaces | 2.0 |
| County | Los Angeles |
Price History
| Prior to Oct 19, '24 | $1,699,000 |
|---|---|
| Oct 19, '24 - Oct 19, '24 | $1,599,000 |
| Oct 19, '24 - Today | $1,649,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Woodland Hills |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Up |
| LOT | 10848 sq ft |
| LOT DESCRIPTION | 2-5 Units/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LAR1 |
Location
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Listed with Pinnacle Estate Properties, Inc.
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