Sq.Ft. Lot13,193
Year1952
Status:
Sold
Property Type:Residential Income (Multi-Family)
MLS #:SR20251189
Date Sold:1/29/2021
Lot Size:13,193 Sq. Ft.
County:Los Angeles
Listing Agent/Office
Agent:Meghan Nyback
Office:Keller Williams Encino-Sherman Oaks
Welcome Home..To not just one, but TWO! Located in prime Lake Balboa on a 13,193 sq. ft. CORNER LOT, 6533 Andasol and 17411 Haynes is TWO renovated, single-story, 3 bed/2 bath homes(1,200 sq. ft. & 1406 sq. ft) on one lot, yet each still maintain their own private yard and entrance on separate streets. Perfect to live in one, and have the other for family/friends to be close. Or use the second home as investment income! Also, Detached garage with kitchenette. Great for a home office/business. Brand new landscaping, sod, smart sprinkler system. Main house has crown molding, modern kitchen with quartz countertops, stainless steel appliances, soft-close drawers, center island, white marble flooring, subway tile. Large bedrooms have walk-in closets, courtyard views of citrus trees. Also, built-in shelving, fireplace, recessed lighting, ceiling fans, new sewer line, tankless water heater, new windows, whole-house fan, central heat/air, renovated bathrooms, and laundry room. Entertainer's backyard is LARGE! 2nd Home built in 2019, has large open kitchen, recessed lighting, stainless appliances, washer-dryer, walk-in closet, en-suite bathroom, french doors open to a private backyard, and is built to LA Green Building Standards. No expense spared, and homes have been meticulously cared for. With this much home/work/investment potential all in one lot, there is no other property on the market quite like this. Come view this special property in one of the best locations in the valley.
Detailed Maps
Price Change History
Date | Old Price | New Price | Percent Change |
1/30/2021 | $1,294,000 | $1,250,000 | -3.4% |
Community Information
Address:6533 Andasol Ave, Lake Balboa, CA 91406
Area:LKBL - Lake Balboa
County:Los Angeles
City:Lake Balboa
Zip Code:91406
Architecture
Year Built:1952
Stories:1
Number of Buildings: 2
Total Units: 2
Stories Total: 1
Unit 1: 1 Unit•3 Beds•2 Baths•Unfurnished•$3,800 actual rent•$3,800 total rent•$3,800 pro forma
Unit 2: 1 Unit•3 Beds•2 Baths•Unfurnished•$3,100 actual rent•$3,100 total rent•$3,300 pro forma
Garage Spaces: 2.0
Features / Amenities
Appliances: Dryer, Washer
Laundry: Inside
Common Walls: No Common Walls
Parking Total: 4.0
Cooling: Central Air
Heating: Central
Property Features
Lot Size:
0.3 Acres / 13,193 Sq. Ft.
Lot Features: Agricultural, Corner Lot, Landscaped, SprinklerSystem, Street Level, Yard
Sewer: Public Sewer
Water: Public
Zoning:LARA
Directions:South of Vanowen, East of White Oak
Tax and Financial Info
Buyer Financing: Conventional
Cap Rate: 6.0
Gross Income: $73,800
Gross Scheduled Income: $82,800
Net Operating Income: $73,800
Insurance Expense: $2,000
New Taxes Expense: $1,000
Operating Expense: $1,200
Terms: Cash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange
Land Lease: No
Schools
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.