6243 Wilbur - 18911 Erwin Avenue, Tarzana, CA 91335

$1,299,526
6
BD
4
BA
2,240
SqFt
List Price
$1,299,526
MLS#
SR24082934
Status
ACTIVE
Type
Single Family Residential
Bedrooms
6
Bathrooms
4
Living Area
2,240

Property Description

Rarely does an opportunity arise to own two homes on one lot! This property presents a unique chance to enjoy the comfort and privacy of two separate residences, each with its own address, power meters, and distinct features. Nestled on a corner lot, both homes offer unparalleled privacy and individuality. The main home boasts classic charm and inviting interiors, 3-bedroom, 1-bathroom, 1,040 SqFt of living, while the second home (ADU) built in 2023 boasts 3 bedrooms, 2.5 bathrooms, and 1,200 square feet of luxurious living space with high-end finishes, and a balcony offering stunning views. Both homes feature private yards, creating serene outdoor retreats for relaxation and enjoyment. Whether you're looking for an investment opportunity or seeking multi-generational living arrangements, this property offers endless possibilities. Live in one home and rent out the other to offset your mortgage payments, or use the ADU as an artist studio or retreat. Alternatively, keep your family close by while still maintaining separate living spaces for added comfort and privacy. Conveniently located near the ERETZ Synagogue & Cultural Center and Vanalden Ave Elementary School. This property offers easy access to shopping, dining, and entertainment, major freeways, colleges, and the Westfield Topanga Mall/The Village. Pro forma rent may be approximately up to $3500 for the front house and $5,000 for the ADU. Approx $102,000 in annual income. Schedule a viewing today and discover the endless potential!

Additional Information

Year Built
1951
View
Mountains/Hills, Valley/Canyon, Neighborhood, Trees/Woods, City Lights

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of The Agency, George Ouzounian.