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7101 Fallbrook Avenue, West Hills, California 91307, West Hills, 91307 - 5 bed, 4 bath

7101 Fallbrook Avenue, West Hills, California 91307 home-pic-0
ACTIVE$1,325,000$2,078/sqft
7101 Fallbrook Avenue, West Hills, California 91307
5Beds
4Baths
2,078Sqft
8,553Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Triplex: This fully permitted 3-unit income property is a turnkey triplex, ideal for investors, owner-occupants, or multi-generational living, offering significant rental income potential.
Top Cons:
Age of Original Construction: Built in 1956, despite remodels, the property's underlying infrastructure may be older, potentially leading to future maintenance concerns not covered by recent updates.

Compared to the nearby listings

Price:$1.32M vs avg $1.25M (+$75,000)67%
Size:2,078 sqft vs avg 2,078 sqft50%
Price/sqft:$638 vs avg $61867%

More Insights

Built in 1956 (70 years old).
Condition: The property, built in 1956, has undergone extensive and recent remodeling across all units, as described and evidenced by the images. Kitchens feature updated cabinetry (a mix of white shaker and traditional wood), granite/quartz countertops, and stainless steel appliances. Bathrooms are clean and updated with modern vanities and fixtures, some with tiled showers. Flooring is a mix of laminate wood and tile, all in good condition. While not every component is brand new, the renovations are substantial and appear to be within the last 5-15 years, making the property move-in ready with no immediate repairs or updates required. The overall condition reflects a well-maintained and updated property.
Year Built
1956
Close
-
List price
$1.32M
Original List price
$1.4M
Price/Sqft
$638
HOA
-
Days on market
-
Sold On
-
MLS number
SR25183034
Home ConditionGood
Features
Patio
View-

About this home

GORGEOUS Remodeled Triplex on a Beautiful Corner Lot in Prime West Hills! All units will be delivered vacant – a rare and valuable opportunity for investors or owner-occupants! Welcome to 7101 Fallbrook Ave – a fully permitted 3-unit income property offering charm, privacy, and exceptional investment value. Each unit has its own address, along with separate electrical and gas meters – ensuring convenience, flexibility, and true independence for each residence. Main House (7101 Fallbrook): This beautifully remodeled 3-bedroom, 2-bath home features laminate wood flooring, an open-concept layout, a spacious front yard, and a private back patio. The entrance is conveniently located off Gault Street with dedicated driveway parking. Junior ADU (7099 Fallbrook): A bright and stylish studio unit with its own address and private entrance. Perfect for a single occupant or additional rental income. ADU (22809 Gault St): Recently remodeled and vacant, this charming unit is ready for immediate occupancy. With room to expand the square footage, this ADU offers tremendous value-add potential. Situated on a stunning corner lot, this turnkey triplex is ideal for investors, owner-occupants, or multi-generational living. Each unit is fully independent, adding to its desirability and long-term growth potential. Don’t miss this unique opportunity to own a standout property in the heart of West Hills!

L
Lilach Depas
Listing Agent
Condition Rating
Good
The property, built in 1956, has undergone extensive and recent remodeling across all units, as described and evidenced by the images. Kitchens feature updated cabinetry (a mix of white shaker and traditional wood), granite/quartz countertops, and stainless steel appliances. Bathrooms are clean and updated with modern vanities and fixtures, some with tiled showers. Flooring is a mix of laminate wood and tile, all in good condition. While not every component is brand new, the renovations are substantial and appear to be within the last 5-15 years, making the property move-in ready with no immediate repairs or updates required. The overall condition reflects a well-maintained and updated property.
Pros & Cons

Pros

Income-Generating Triplex: This fully permitted 3-unit income property is a turnkey triplex, ideal for investors, owner-occupants, or multi-generational living, offering significant rental income potential.
Vacant Units for Immediate Control: All units will be delivered vacant, providing the new owner with immediate flexibility to select tenants and set market-rate rents without existing lease obligations.
Independent Units with Separate Utilities: Each unit boasts its own address and separate electrical and gas meters, ensuring true independence, simplified billing, and enhanced appeal for tenants.
Remodeled with Value-Add Potential: The main house and ADU are beautifully/recently remodeled, with the ADU offering explicit room to expand square footage, presenting both immediate appeal and future value-add opportunities.
Prime Corner Lot Location: Situated on a beautiful corner lot in Prime West Hills, the property benefits from desirable location attributes and potentially better light/space.

Cons

Age of Original Construction: Built in 1956, despite remodels, the property's underlying infrastructure may be older, potentially leading to future maintenance concerns not covered by recent updates.
Unspecified HVAC System: The description does not mention central air conditioning or a comprehensive heating system, which could be a significant comfort factor and expectation for residents in West Hills.
Recent Price Reduction: A recent price reduction from $1.3998M to $1.325M could indicate an initial overpricing or a lack of strong buyer interest at the higher price point.
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