20656 Covello Street
Winnetka, CA 91306
2416 sqft | 6 beds | 4 baths | 0.17 acres | #SR25004651
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!
Property Details
- Property SubtypeSingleFamilyResidence
- School DistrictLos Angeles Unified
- Lot DescriptionZeroToOneUnitAcre
- InteriorAllBedroomsDown
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,299,000
- MLS #SR25004651
- MLS #SR25004651
- Property TypePurchase
- Cost1249000
- Acres0.1721
- Utility SourcePublic
- Structure TypeHouse
- Square Feet2416
- Year Built1955
- Bedrooms6
- Bathrooms4
- Full Baths4
- Stories1
- Parking Spaces2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: George Hanna (#SR157514115)
Listing Office: Colonial Real Estate (#SR0258600)
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