7221 Fallbrook Avenue

West Hills, CA 91307
$1,799,000
2900 sqft | 7 beds | 6.5 baths | 0.17 acres | #SR24252359
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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.
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  • Property Details
      • Interior:CeilingFans, SeparateFormalDiningRoom, GraniteCounters, OpenFloorplan, RecessedLighting, Storage, Unfurnished, BedroomOnMainLevel, MainL
      • Bedrooms:7
      • Bathrooms:6.5
      • Full Baths:6
      • Half Baths:1
      • Stories:2
      • Lot description:TwoToFiveUnitsAcre, DripIrrigationBubblers, FrontYard, Landscaped, NearPark, RectangularLot, SprinklersTimer, StreetLevel, Yard
      • Exterior materials:Lighting, RainGutters
      • Acres:0.1676
      • Square Feet:2900
      • Property type:Purchase
      • Year built:1960
      • Foundation:Permanent, Slab
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, OverheadUtilities
      • School district:Los Angeles Unified
      • County:Los Angeles
      • Original List Price:$1, 799, 000
      • MLS #:SR24252359
      • Cost:1799000
      • Property subtype:SingleFamilyResidence
      • MLS #:SR24252359
      • Structure type:House

Location

The Alcantara GroupReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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