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Pending
  • Listed by: Keller Williams Luxury • Shira Dunn • Contact: 818-200-2929
    Price cut: $10K (4/20)
    $1,785,000

    8620 Lubao Ave, Winnetka, CA 91306

    7beds
    7baths
    3,280sqft
    : 
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    Triplex
    Built in 2023
    -- sqft lot
    $1,756,400 Zestimate®
    $544/sqft
    $-- HOA

    What's special

    Beautifully landscaped backyardCharming side yardBathed in natural lightStylish islandAmple cabinetryNew flooring throughoutAdjacent dining area
    This exceptional income property offers the potential to generate approximately $10,900 (!!!) per month in rental income across 3 separate addresses on one lot. With great tenants already in place in 2 of the units, the income breakdown is as follows: one 3-bedroom, 2-bathroom unit currently brings in $4,000/month, and the 1-bedroom, 1-bathroom unit brings in $2,400/month. The main house, featuring 3 bedrooms and 4 bathrooms, currently brings in $4,500/month, bringing the total projected income of almost $11,000/month. Tenants pay 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. The main house at 8620 Lubao 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 at 8618 Lubao 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 side yard. The full ADU at 8622 Lubao, 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!
    136 days
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    173
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    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shira Dunn DRE #02100807 424-653-0560,

    Keller Williams Luxury

    Source: CRMLS,MLS#: SR26041579MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 7
      Rooms
      • Room types: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
      Primary bedroom
      • Features: Primary Suite
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Dryer, Washer
      • Laundry: Inside
      Features
      • High Ceilings, Quartz Counters, Recessed Lighting, Primary Suite
      • Flooring: Wood
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 3,280
      • Total interior livable area: 3,280 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Fencing: Vinyl
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 8,198 Square Feet
      • Features: 2-5 Units/Acre
      Details
      • Parcel number: 2782015005
      • Zoning: LARS
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      • Attached to another structure: Yes
      Condition
      • Updated/Remodeled,Turnkey
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: Storm Drain(s), Street Lights, Sidewalks
      Location
      • Region: Winnetka

      Financial & listing details

      • Price per square foot: $544/sqft
      • Tax assessed value: $1,545,000
      • Annual tax amount: $18,679
      • Date on market: 2/25/2026
      • Cumulative days on market: 136 days
      • Listing terms: Cash,Conventional,Contract
      • Total actual rent: 11400
      • Tenant pays: All Utilities

        Estimated market value

        $1,756,400

        $1.67M - $1.84M

        $3,933/mo

        Price history

        DateEventPrice
        7/2/2026Pending sale$1,785,000$544/sqft
        Source: CRMLS #SR26041579 Report a problem
        4/20/2026Price change$1,785,000-0.6%$544/sqft
        Source: CRMLS #SR26041579 Report a problem
        2/25/2026Listed for sale$1,795,000+130.1%$547/sqft
        Source: CRMLS #SR26041579 Report a problem
        7/22/2025Listing removed$4,499$1/sqft
        Source: CRMLS #SR25133143 Report a problem
        6/16/2025Price change$4,499-2.1%$1/sqft
        Source: CRMLS #SR25133143 Report a problem
        6/13/2025Listed for rent$4,595$1/sqft
        Source: CRMLS #SR25133143 Report a problem
        6/12/2025Listing removed$4,595$1/sqft
        Source: CRMLS #SR25096916 Report a problem
        5/29/2025Price change$4,595-3.3%$1/sqft
        Source: CRMLS #SR25096916 Report a problem
        5/5/2025Price change$4,750-5%$1/sqft
        Source: CRMLS #SR25096916 Report a problem
        5/2/2025Listed for rent$4,999+8.7%$2/sqft
        Source: CRMLS #SR25096916 Report a problem
        2/8/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/1/2024Price change$4,600-2.1%$1/sqft
        Source: Zillow Rentals Report a problem
        1/16/2024Price change$4,700-5.1%$1/sqft
        Source: Zillow Rentals Report a problem
        1/12/2024Price change$4,950+4.2%$2/sqft
        Source: Zillow Rentals Report a problem
        1/9/2024Price change$4,750-13.6%$1/sqft
        Source: Zillow Rentals Report a problem
        12/29/2023Listed for rent$5,500$2/sqft
        Source: Zillow Rentals Report a problem
        8/1/2023Sold$780,000+2.6%$238/sqft
        Source: CRMLS #SR23097754 Report a problem
        6/22/2023Pending sale$760,000$232/sqft
        Source: CRMLS #SR23097754 Report a problem
        6/15/2023Listed for sale$760,000$232/sqft
        Source: CRMLS #SR23097754 Report a problem
        6/8/2023Pending sale$760,000$232/sqft
        Source: CRMLS #SR23097754 Report a problem
        6/3/2023Listed for sale$760,000$232/sqft
        Source: CRMLS #SR23097754 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$18,679 +94%$1,545,000 +98.1%
        2024$9,628 +178.9%$780,000 +186.5%
        2023$3,452 +3.2%$272,256 +2%
        2022$3,345 +2.9%$266,919 +2%
        2021$3,251 -0.9%$261,686 +1%
        2020$3,280 $259,004 +2%
        2019$3,280 +7.4%$253,926 +2%
        2018$3,054 $248,948 +2%
        2017$3,054 +2.3%$244,068 +2%
        2016$2,985 +2.6%$239,283 +1.5%
        2015$2,910 +0.9%$235,689 +2%
        2014$2,885 $231,073 +2.5%
        2012-- $225,520 +2%
        2011-- $221,099 +0.8%
        2010-- $219,448 -0.2%
        2009-- $219,971 +2%
        2008-- $215,659 +2%
        2007-- $211,431 +2%
        2006-- $207,286
        2005-- $207,286 +4%
        2004-- $199,239 +1.9%
        2003-- $195,589 +2%
        2002-- $191,755 +27.8%
        2000-- $150,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Winnetka

        Getting around

        64 / 100
        Somewhat Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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