20531 Covello Street Winnetka, CA $ 1,150,000
20531 Covello Street
$ 1,150,000
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20531 Covello Street

Winnetka, CA, 91306
$ 1,150,000
Bedrooms4 Baths1.0 Sq 1,693

Monthly Estimate*

$ 7,643

Listed by Rodex Properties Corp.
20531 Covello Street, Winnetka, CA 91306 - Image 1
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Multi-Family Home for sale in Winnetka, CA

for $1,150,000 with 4 bedrooms and 1 full bath. This 1,693 square foot home was built in 1955 on a lot size of 0.1711.

Location, Location, Location!!!! This property includes a three bedroom two bath house, almost 1,300 square feet. The main house has laminate flooring throughout the entire house and each room has a ceiling fan. Great size kitchen for hosting. The front and backyard have a sprinkler system in place. The main house has a great backyard which includes a built in covered area for sitting and relaxing in the beautiful California sun. The backyard is also great for summer parties and barbeques. This main house is currently being rented for $3,700 / month. The property also includes a brand new ADU unit built in 2022. The unit is one bedroom one bath. The unit is separate from the main house allowing for privacy. This unit includes appliances and a washer and dryer. This ADU unit is also being rented at this time and generates $2,190 / month. The ADU unit has a living room, kitchen, and a front yard for use. It also includes its own parking, separate from the parking for the main house, and the ADU parking has access to the alley at the back of the house. This property is conveniently located. It's near major shopping centers and restaurants, all within a 10 minute driving distance. This is a quiet and safe neighborhood perfect for a family or anyone just looking to keep this investment. The entire property is currently generating close to $6,000 each month. This is not an opportunity to pass up!

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

4

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

SingleFamilyResidence

Lot Size

0.1711

Year Built

1955

Town/City

Winnetka

County/Region

Los Angeles

MLS | Web ID

SR24089737

Days on Market

30

Features
General
Interior Features AllBedroomsDown BedroomonMainLevel MainLevelPrimary
Sewer PublicSewer
Heating Central
Cooling CentralAir
Appliances Dishwasher Disposal GasOven Washer
Zoning LARS
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1955
Tenant Pays AllUtilities
Stories 1
Levels One
Property SubType SingleFamilyResidence
Gross Income 2190.0
Community Features Curbs
County Los Angeles
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency Private remarks: Please submitt all offers with current pre-approval and current proof of funds/down payment. Broker and Broker's agent do not represent or guarantee accuracy of the square footage be
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions From Saticoy st. Right to Cozycroft Ave. Left to Covello St.
City Winnetka
Entry Location Main Floor
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 2
MLS Area WIN - Winnetka
Lot Size Units SquareFeet
Lot Size Square Feet 7452.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name Covello
Listing Terms CashtoExistingLoan Conventional CalVetLoan FHA VALoan
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 23
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 44
Total Actual Rent 2190.0
Property Sub Type Additional SingleFamilyResidence
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Interior
Flooring Laminate
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features WasherHookup
Entry Level 1
Electric On Property Y/N N
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Exterior
Parking Features Driveway
Lot Features CornerLot Lawn Landscaped
Water Source Public
Total Parking 0.0
Lot Size Area 7452.0
Number of Buildings 2
Spa N
Building Area Total 1693.0
Lot Size Acres 0.1711
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 20531
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* Excluded Features
List By
Rodex Properties Corp.

Broker

(661) 313-0948

Phone

Affordability Calculator

$7,643
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,643
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2024$1,150,000 Listed Price

Map


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20531 Covello Street, Winnetka, CA, 91306 is a Multi-Family Home for sale at $1,150,000 with 1,693 sqft and a lot size of 0.1711. 20531 Covello Street has 4 bedrooms, 1.0 baths, and was built in 1955. The property's zip code is 91306 which is in Winnetka, CA