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Sold for $1,700,000
  • Listed by: Keller Williams Luxury • Shira Dunn • Contact: 424-653-0560
    Bought with: Coldwell Banker Realty
    $1,700,000

    8620 Lubao Ave, Winnetka, CA 91306

    7beds
    7baths
    3,280sqft
    Triplex
    Built in 2023
    -- sqft lot
    $1,720,200 Zestimate®
    $518/sqft
    $2,868 Estimated rent

    Home value

    $1,720,200

    $1.63M - $1.81M

    $2,868/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Shira Dunn DRE #02100807 424-653-0560,

    Keller Williams Luxury

    Bought with:

    Carolin Alaverdian, DRE #01929505

    Coldwell Banker Realty

    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: $518/sqft
    • Tax assessed value: $1,575,900
    • Date on market: 2/25/2026
    • Cumulative days on market: 125 days
    • Listing terms: Cash,Conventional,Contract
    • Total actual rent: 11400
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    7/27/2026Sold$1,700,000-4.8%$518/sqft
    Source: CRMLS #SR26041579 Report a problem
    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
    7/27/2023Sold$780,000+2.6%$238/sqft
    Source: Public Record 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
    2026-- $1,575,900 +2%
    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

    Neighborhood: Winnetka

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,720,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,720,200