20522 Sherman WAY Open House Save Request In-Person Tour Request Virtual Tour
Winnetka,CA 91306
OPEN HOUSE
Sun Aug 10, 11:00am - 4:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,422 sqft
Price per Sqft $642
MLS Listing ID SR25165947
Bedrooms 7
Full Baths 6
Half Baths 1
Year Built 1953
Lot Size 9,003 Sqft
Property Sub-Type Single Family Residence
Property Description
OWN, EARN, or GROW! This fully permitted, beautifully reimagined three-unit residence, featuring a main home, a brand new 2025 ADU, and a self-contained JADU, offers unmatched versatility in a gated Winnetka setting. Ideal for multigenerational living, income-producing investment, owner-occupancy, or a 1031 exchange, this is a rare opportunity in a high-demand location.
Situated on a 9,006 sq ft lot with approx. 3,422 sq ft of total living space, each unit includes a private entrance, fenced yard, full kitchen, and in-unit laundry.
The main residence (3 bed, 3.5 bath, approx. 1,800 sq ft) has been thoughtfully redesigned with all en-suite bedrooms, two walk-in closets, a guest powder room, and a chef-inspired kitchen with quartz countertops and premium appliances.
The 2025 ADU (3 bed, 2 bath, approx. 1,122 sq ft) features vaulted ceilings, an open kitchen with center island, and a spa-like primary suite with dual walk-in closets.
The JADU (1 bed, 1 bath, approx. 500 sq ft) is fully independent with its own gated access, kitchen, laundry, and dedicated outdoor space.
All units include smart home features, energy-efficient systems, and high-end modern finishes. Gated parking includes four spaces for the main house and two private spaces for the ADU.
Buyers completing a 1031 exchange will appreciate the rare combination of fully permitted units, strong rental potential, and immediate usability. With one unit already leased and the others vacant and move-in ready, this property allows for a smooth, timely exchange without renovation delays or permitting issues. Whether you're seeking to defer capital gains or reposition into a more versatile income asset, this is an ideal replacement property in a thriving rental market.
Centrally located near Warner Center, The Village, Westfield Topanga, Pierce College, and major freeways (101 & 118), with nearby parks, dining, and top-rated charter schools.
Even the best photos can't fully capture the warmth, quality, and versatility of this home. A personal visit reveals the full value of this unique offering!
Location
State CA
County Los Angeles
Area Win - Winnetka
Zoning LARS
Interior
Heating Central,Natural Gas
Cooling Central Air,Gas,Heat Pump,Whole House Fan
Flooring Vinyl
Fireplaces Type Electric,Living Room
Inclusions All Appliances are included!
Laundry Inside,Laundry Room,Stacked
Exterior
Parking Features Driveway,Electric Gate,Gated,Side By Side
Garage Spaces 6.0
Garage Description 6.0
Fence Electric,Masonry,Stucco Wall
Pool None
Community Features Curbs,Sidewalks
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Shingle
Building
Lot Description 0-1 Unit/Acre,Back Yard,Garden
Dwelling Type House
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Los Angeles Unified
Others
Acceptable Financing Cash to New Loan,FHA,VA Loan
Listing Terms Cash to New Loan,FHA,VA Loan
Special Listing Condition Standard