tomo logo

$1,799,000

Beds
7
Baths
6.5
sq ft
2,900

7221 Fallbrook Ave, West Hills, CA 91307

7221 Fallbrook Ave

West Hills, CA 91307

  • 3 days on market
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.

Details

Property type

Single Family Residence

Est. home value

$900,336

Property condition

Updated/Remodeled
New Construction

Lot size

7,300 sq ft

Price per sq ft

$621

Year built

1960

HOA

No

Price History

12/19/2024
CRMLS

CRMLS #SR24252359

Listed
$1,799,000
+120.74%
06/30/2022
CRMLS

CRMLS #SR22089434

Sold
$815,000

Schools & Community

Neighborhood: 

West Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Suburban, Sidewalks, Park

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Sobon Trust

Loan start date

May 2022

Original loan amount

$735,000

Est. remaining balance

Not provided

Interest rate

4.67%

Loan type

Commercial

Seller

Arthur Leszczynski and Ivette Leszczynski

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 1:15 PM

Listing updated: 12/21/2024 at 11:33 PM

Listed by: Daniel Beech, Simple Property, Inc. Phone #: (424) 253-6120

MLS: CRMLS #SR24252359

CRMLS logo

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