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7614 Mason Ave, Winnetka, CA 91306
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7614 Mason Ave Winnetka, CA 91306

$1,398,000
  • 7 Beds
  • 6 Baths
  • 3,980 Sq.Ft.
For Sale
$1,398,000 Get Pre-Qualified
Map preview of 7614 Mason Ave, Winnetka, CA 91306

Property Overview: 7614 Mason Ave Winnetka, CA has 7 bedrooms, 6 bathrooms, 3,980 living square feet and 6,231 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Outstanding residential income opportunity in the heart of Winnetka! Welcome to 7614 Mason Ave, a great unit mix quadruplex. (1) 3+2 $2254; (1) 2+2 $1,957; (2) 1+1 $1,545 and $1,191, total gross rent is $6,947. The units have spacious living areas, well-appointed kitchens, dining areas, and bedrooms. There is copper plumbing throughout, garage parking, and conveniently located just 2 miles from Westfield Topanga, shopping, dining, and entertainment!

Listed by Raffi Soualian | BRE #01887303 | JohnHart Real Estate
Co-listed by Taline Soualian | BRE #01937721 | JohnHart Real Estate
Last checked: 13 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
6,231
HOA Dues
$0/mo
Year built
1963
Garage
5 Car
Property Type:
Fourplex
Status
Active
MLS#
GD24191109
City
Winnetka
County
Los Angeles
Time on Site
2 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,254
  • Total Rent: $2,254
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,957
  • Total Rent: $1,957
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,190
  • Total Rent: $1,190
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,545
  • Total Rent: $1,545
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $83,364
  • Net Operating Income: $57,551
  • Gross Operating Income: --
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $25,813
  • Licenses: $400
  • New Taxes: $18,113
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $2,200
  • Water/Sewer: $3,900

Open Houses for 7614 Mason Ave

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Property Details for 7614 Mason Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Wood
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Refrigerator
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 2114002003
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: In between: Stagg St and Saticoy St on Mason Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Winnetka Agent

Sale History for 7614 Mason Ave

Last sold for $1,348,500 on February 24th, 2022

  • September, 2024

  • Sep 16, 2024

    Date

    Active

    CRMLS: GD24191109

    $1,398,000

    Price

  • September, 2024

  • Sep 13, 2024

    Date

    Canceled

    CRMLS: GD24158709

    $1,399,888

    Price

  • Aug 1, 2024

    Date

    Active

    CRMLS: GD24158709

    $1,399,888

    Price

  • Listing provided courtesy of CRMLS

  • September, 2024

  • Sep 13, 2024

    Date

    Canceled

    CRMLS: GD24138005

    $1,399,888

    Price

  • Jul 8, 2024

    Date

    Active

    CRMLS: GD24138005

    $1,399,888

    Price

  • Listing provided courtesy of CRMLS

  • July, 2024

  • Jul 18, 2024

    Date

    Canceled

    CRMLS: GD24059222

    $1,399,888

    Price

  • Mar 25, 2024

    Date

    Active

    CRMLS: GD24059222

    $1,444,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2024

  • Jul 6, 2024

    Date

    Canceled

    CRMLS: GD24056248

    $1,399,888

    Price

  • Mar 20, 2024

    Date

    Active

    CRMLS: GD24056248

    $1,444,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2024

  • Mar 20, 2024

    Date

    Canceled

    CRMLS: GD23193060

    $1,449,000

    Price

  • Oct 16, 2023

    Date

    Active

    CRMLS: GD23193060

    $1,525,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2022

  • Jan 11, 2022

    Date

    Active

    CRMLS: PF22002353

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    Bread and butter quadraplex in Winnetka. Great unit mix, (1) 3+2 $1,875; (1) 2+2 $1,900; (2) 1+1 $1,500 and $1,200, total gross rent is $6,475. Rents are well below market. Two units are updated, seller is offering $30k credit towards updating the other two units. Copper plumbing replaced in the whole building. 5 garage spaces. A coin operated laundry facility is on site. Tenants pay for all utilities except water. The property is located just over 2 miles from The Village on Topanga, and only 1.5 miles from Pierce College. At this price point, this is a great additional to any portfolio or an ideal option for first time investors.

  • August, 2013

  • Aug 8, 2013

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • February, 2008

  • Feb 13, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7614 Mason Ave

Assessed Value (2020): $433,345
Year Land Value Improved Value Assessed Value
2020 $129,991 $303,354 $433,345

Home Value Compared to the Market

This property vs the competition

7614 Mason Ave is listed 68.23% higher than the median list price for the city of Winnetka which has a median list price of $831,000. The median price per/sqft for Winnetka is $506 and this home is listed at $351.26 per/sqft which puts the price per square foot 30.58% lower than the median price per square foot for the city of Winnetka.

About 7614 Mason Ave

Detailed summary of property

7614 Mason Ave is a fourplex located in Winnetka, CA 91306 and is currently for sale. This fourplex offers 7 bedrooms, 6 bathrooms, roughly 3,980 living square feet, and sits on an approximately 6,231 square foot lot. 7614 Mason Ave was first listed on ArdentRealEstateGroup.com on September 16, 2024. The homeowner is currently asking $1,398,000. The median priced home in Winnetka is $831,000 with a median price per square foot of $506. Based on Ardent Real Estate Group's Winnetka Market Data, this home is listed 68.23% higher than the median priced home. Local competing homes currently for sale include 951 N Martel Ave, 3393 Livonia Ave and 6064 Cashio St. While the average home in Winnetka, CA is selling in 45 days, 7614 Mason Ave has a days on market of 2 days. There are currently 93 homes for sale in the Winnetka real estate market and 65 of them are single family homes while 16 of them are condos and 12 are townhomes. For more information on this home for sale at 7614 Mason Ave Winnetka, CA 91306 contact Ardent Real Estate Group and we will put you in touch with one of our Winnetka agents.

Public Facts for 7614 Mason Ave

Public county record property details
Beds
7
Baths
6
Year built
1963
Sq. Ft.
3,980
Lot Size
6,231
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
2114-002-003

The source for these homes facts are from public records.

91306 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$829,900
Median List Price/Sq.Ft.
$502
Median Sold Price
$840,000
Median Sold Price/Sq.Ft.
$515
Total Inventory
94
Median Sale to List Price %
107.83%
Avg Days on Market
19
Loan Type
Conventional (23.08%), FHA (7.69%), VA (0%), Cash (7.69%), Other (38.46%)

Tour This Home

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Winnetka Agent
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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