8620 Lubao Ave Winnetka, CA 91306
Property details
About 8620 Lubao Ave
Achieving an impressive monthly revenue of $11,400 (!!) per month, 3 addresses on one lot! Great paying tenants are in place! Main house features of 3 bedrooms and 4 bathrooms, generates $4750 another unit features 3 bedrooms and 2 bathrooms generates $4,350 monthly income and one more unit that features 1 bedroom and 1 bathroom that generates $2300 per month. Tenant pays ALL UTILITIES. Landlord will have ONLY property tax and insurance to pay. Buy this property now and start calling rent IMMEDIATELY!! Great tenets in place, beautiful and clean, family oriented neighborhood. This beautifully remodeled property at 8620 Lubao Ave in Winnetka presents an exceptional investment opportunity. Featuring a stunning main residence along with two additional private units, this property seamlessly combines modern amenities with outstanding rental income potential. The main house boasts incredible curb appeal and a thoughtfully updated open-concept floor plan, complete with recessed lighting and new flooring throughout. The bright and spacious living room is bathed in natural light, creating an inviting atmosphere, including direct access to a beautifully landscaped backyard, perfect for morning coffee, weekend gatherings, or BBQs. The contemporary all-white and neutral kitchen features ample cabinetry, generous counter space, brand-new stainless steel appliances, a stylish island, and an adjacent dining area. New central air and heating ensure year-round comfort. The home offers 3 bedrooms and 4 bathrooms, Additionally, the property includes two accessory dwelling units with separate addresses, maximizing rental income potential. The JADU is a well-designed 1-bedroom, 1-bathroom unit featuring a full kitchen with ample cabinets and counter space, new appliances, recessed lighting, laminate flooring, an efficient air and heating system, a private washer and dryer, and a charming front yard. The full ADU, located at the rear of the lot for maximum privacy, offers a spacious 3-bedroom, 2-bathroom layout with a modern kitchen, recessed lighting, wood flooring, and direct access to a generous backyard that wraps around the home. Ideally located near Westfield Topanga Mall, dining, shopping, movie theaters, Pierce College, parks, and recreational areas, with convenient access to the 101 Freeway, this property is a rare find with incredible income potential!
Highlights
Summary
- MLS Number: SR25040100
- MLS Name: CRMLS
- Office Name: Keller Williams Luxury
- Office Phone: (424) 653-0560
- Listing Agent: Shira Dunn
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,849,000
8620 Lubao Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 27, 2023 | Home Sold | $780,000 |
| Apr 10, 1992 | Home Sold | $161,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $780,000 | $9,628 |
| 2023 | $272,256 | $3,452 |
| 2022 | $266,919 | $3,344 |
| 2021 | $261,686 | $3,251 |
History based on county public records data.
Nearby schools
3
Winnetka Elementary School
Public District KG-5
0.5 mi
•8240 Winnetka Ave
6
Limerick Avenue Elementary
Public District PK-5
0.9 mi
•8530 Limerick Ave
4
Napa Street Elementary
Public District KG-5
1.2 mi
•19010 Napa St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,673. The majority of Winnetka, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Men's Tennis
Hiking/backpacking
Live Theatre
Where do the neighbors shop?
Nordstrom Rack
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
Audi
Mercedes
What do the neighbors listen to?
News
Alternative
Jazz
This home is located at 8620 Lubao Ave in Winnetka, CA and zip code 91306 in the Winnetka neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 24, 2025 and is currently priced at $1,849,000.
In March 2025, from all listings sold in Winnetka, CA there were more than 302 sold above asking price, over 322 sold below and more than 116 were sold right at the asked price. The number of listings in Winnetka, CA increased by 13.7% between February and March 2025. In March 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $940,937.