6-Unit multifamily in the heart of Winnetka one of the San Fernando Valley's most sought-after rental markets. Situated on a 7,412 SF lot with 4,800 SF of rentable space, the property offers a strong unit mix of four 2BD/1BA and two 1BD/1BA units averaging 800 SF each. One unit delivered vacant at close, with approximately 38% rental upside across the remaining five. The detached garage presents additional ADU potential, giving a new owner multiple paths to maximize income and long-term value. Ideally positioned near Canoga Park and Woodland Hills with convenient access to major employment, shopping, and dining throughout the West Valley.
Look at this exceptional opportunity in the heart of Winneka! This versatile property features a beautifully maintained 4-bedroom, 3-bath main residence with an office that offers a separate entrance, making it ideal for a home business, guest space, or private workspace. The home showcases a newer kitchen with a center island, recessed lighting, a cozy living room fireplace, central heat and air, and an inviting dining area. Washer and dryer are included for added convenience. Adding tremendous value, the property includes an attached Jr. ADU conversion with its own address, offering flexibility for extended family, rental income, or creative use. The property is uniquely identified by two addresses. For those seeking future development potential, the sale includes city-approved plans to build an additional 3-bedroom, 3-bath residence, offering an opportunity for investors, multi-generational living, or income-producing expansion. A must-see! For more information, please connect with the listing agent.
Winnetka is located in California.