Listing provided courtesy of George Hanna of Colonial Real Estate. Last updated 2025-01-30 09:14:54.000000. Listing information © 2024 Sandicor.
Asking Price: $1,249,000 |
20656 Covello, Winnetka CA 91306
Community: 699 - Not Defined
This Single Family Residence property was built in 1955 and is priced at $1,249,000. Please see the additional details below.
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!