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7221 Fallbrook AVE West Hills, CA 91307
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Key Details
Sold Price $1,740,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $600
MLS Listing ID SR24252359
Bedrooms 7
Full Baths 6
Half Baths 1
Year Built 1960
Lot Size 7,300 Sqft
Property Sub-Type Single Family Residence
Property Description
Discover the perfect blend of modern design, rental income potential, and flexibility with this unique property. Nestled in a peaceful, family-friendly desirable West Hills, this fully updated home offers not only three distinct units, but also the convenience and charm of suburban living. West Hills boasts excellent schools, quiet streets, and a welcoming community, making it an ideal place to call home. It's ideal for investors or owner-occupants looking to offset their mortgage.
Main House:
• Completely remodeled with sleek modern finishes and warm, neutral tones.
• 1 Story
• 3 bedrooms, 2 bathrooms, spanning 1,269 sqft.
• Projected rent: $4,250+.
Full-Size ADU:
• Brand-new construction with spacious and functional design.
• 2 Story
• 3 bedrooms, 3.5 bathrooms, covering 1,154 sqft.
• Solar Panels
• Projected rent: $4,200+.
Junior ADU:
• Brand-new construction offering compact luxury.
• 1 bedroom, 1 bathroom, 477 sqft.
• Projected rent: $2,200+.
Key Features:
• Each unit has private access, parking, and its own outdoor space/backyard.
• Excellent for owner-occupants: live in one unit and rent the others to qualify for a larger loan and reduce your monthly mortgage payments.
• Huge upside potential with market rents for all three units.
Don't miss this rare opportunity to own a turnkey property offering both modern living and exceptional investment potential!
All data from sources deemed reliable. Buyer to verify. Staging furniture available but not included in sale.
Location
State CA
County Los Angeles
Area Weh - West Hills
Zoning LARS
Interior
Heating Central, ENERGY STAR Qualified Equipment, Forced Air, Fireplace(s)
Cooling Central Air, Electric, ENERGY STAR Qualified Equipment
Flooring Laminate
Fireplaces Type Gas, Living Room
Laundry Washer Hookup, Electric Dryer Hookup, Inside, In Kitchen, Stacked
Exterior
Exterior Feature Lighting, Rain Gutters
Parking Features Assigned, Concrete, Driveway, Gated, Public, On Street, Uncovered
Fence New Condition, Vinyl
Pool None
Community Features Dog Park, Foothills, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities
View Y/N No
View None
Roof Type Shingle
Building
Lot Description 2-5 Units/Acre, Drip Irrigation/Bubblers, Front Yard, Landscaped, Near Park, Rectangular Lot, Sprinklers Timer, Street Level, Yard
Story 2
Foundation Permanent, Slab
Sewer Public Sewer
Water Public
New Construction Yes
Schools
School District Los Angeles Unified
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Stephanie Rosenfeld • Beverly and Company, Inc.