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8620 Lubao Avenue, 
Winnetka, CA 91306

$1,775,000


Bed


Bath


3,280

Sq Ft


Multi-Family

Active

Listed by

Shira Dunn

Keller Williams Luxury

562-961-1400

Last updated:

June 26, 2025, 04:23 PM

MLS#

SR25141452

Source:

CRMLS

About This Home

8620 Lubao Avenue

This exceptional income property offers the potential to generate approximately $11,1500 (!!!) per month in rental income across 3 separate addresses on one lot. With great tenants already in place in 2 of the units, the income breakdown is as follows: one 3-bedroom, 2-bathroom unit currently brings in $4,350/month, and the 1-bedroom, 1-bathroom unit brings in $2,300/month. The main house, featuring 3 bedrooms and 4 bathrooms, is currently vacant but has the potential to command $4,500/month, bringing the total projected income to $11,150/month once fully occupied. Tenant pays ALL UTILITIES. Landlord will have ONLY property tax and insurance to pay. Buy this property now and start calling rent IMMEDIATELY!! Great tenets in place, beautiful and clean, family oriented neighborhood. The main house boasts incredible curb appeal and a thoughtfully updated open-concept floor plan, complete with recessed lighting and new flooring throughout. The bright and spacious living room is bathed in natural light, creating an inviting atmosphere, including direct access to a beautifully landscaped backyard, perfect for morning coffee, weekend gatherings, or BBQs. The contemporary all-white and neutral kitchen features ample cabinetry, generous counter space, brand-new stainless steel appliances, a stylish island, and an adjacent dining area. New central air and heating ensure year-round comfort. The home offers 3 bedrooms and 4 bathrooms, Additionally, the property includes two accessory dwelling units with separate addresses, maximizing rental income potential. The JADU is a well-designed 1-bedroom, 1-bathroom unit featuring a full kitchen with ample cabinets and counter space, new appliances, recessed lighting, laminate flooring, an efficient air and heating system, a private washer and dryer, and a charming front yard. The full ADU, located at the rear of the lot for maximum privacy, offers a spacious 3-bedroom, 2-bathroom layout with a modern kitchen, recessed lighting, wood flooring, and direct access to a generous backyard that wraps around the home. Ideally located near Westfield Topanga Mall, dining, shopping, movie theaters, Pierce College, parks, and recreational areas, with convenient access to the 101 Freeway, this property is a rare find with incredible income potential!

Home Facts

Multi-Family

Built in 2023

Price Summary

1,775,000

$541 per Sq. Ft.

MLS #:

SR25141452

Last Updated:

June 26, 2025, 04:23 PM

Added:

2 day(s) ago


Rooms & Interior

Interior

Living Area:

3,280 Sq. Ft.


Structure

Structure

Building Area:

3,280 Sq. Ft.

Year Built:

2023


Lot

Lot Size (Sq. Ft):

8,197


Finances & Disclosures

Finances

Price:

$1,775,000

Price per Sq. Ft:

$541 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of June 26, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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