7020 Oakdale Avenue, Winnetka, California 91306

$950,000

Bedrooms

4

Bathrooms

2

Square Feet

1,290 sqft

City

Winnetka

Status

Active

Welcome to 7020 Oakdale Ave, a property that changes how buyers think about affordability. With a fully permitted ADU generating approximately $2,400 per month (per seller, buyer to verify) and a potential $20,000 buyer grant available for qualified buyers, this home offers a unique opportunity to offset your monthly payment in a way most homes simply cannot. To further enhance long-term value, the solar system will be assumed by the buyer, providing energy efficiency and potential savings for the new owner. Located on a desirable, well-maintained street in Winnetka known for strong pride of ownership, this beautifully upgraded home combines modern design, functionality, and income potential in one compelling package. Homes with permitted ADUs and income opportunities like this continue to see strong demand in today's market.The home features a fully remodeled open-concept floor plan with a modern kitchen and living area designed for both comfort and functionality. The kitchen showcases custom shaker cabinetry, a large center island with quartz countertops and designer backsplash, stainless steel appliances, farmhouse sink, and a gas cooktop with downdraft ventilation. Recessed lighting and ceiling fans enhance the space, while luxury vinyl plank flooring and updated baseboards run throughout most of the home. Both bathrooms have been remodeled with high-end finishes. The primary bathroom includes double sinks, quartz backsplash, designer tile flooring, and a fully tiled shower and tub enclosure. The secondary bathroom has been converted to a full bath and features a tiled shower, modern finishes, and a convenient stacked washer and dryer area. Both bathrooms include recessed lighting with heat and ventilation systems. Major system upgrades include copper and ABS plumbing extending to the main sewer line, an upgraded 200-amp electrical panel with two meters, and two tankless water heaters, providing efficiency and long-term reliability. The home offers three bedrooms plus an additional enclosed bonus space currently configured as a fourth bedroom, providing flexible use for additional sleeping space, office, or studio. One bedroom includes a partial divider for shared use, which can easily be removed. A key highlight of the property is the permitted JADU (buyer to verify) with its own address at 7018 Oakdale Ave, offering excellent flexibility for rental income, multigenerational living, or a house hack opportunity. The ADU features a private entrance, open layout, separate electrical meter, and is currently generating approximately $2,400 per month (per seller, buyer to verify). The ADU shares water and gas with the main house. The backyard features a large concrete patio and expansive yard with room for a pool or future expansion. The exterior has been freshly painted, adding to its curb appeal. Located near local amenities, shopping, dining, and commuter routes. Nearby schools include Shirley Avenue Elementary, which reflects strong ratings on GreatSchools (buyer to verify).This is a rare opportunity to own a remodeled home with built-in income potential in a desirable Winnetka neighborhood. Information deemed reliable but not guaranteed. Buyer to independently verify all information including square footage, permits, ADU income, grant qualification, room count, and property features.