7020 Oakdale Avenue
Winnetka, CA, 91306
$950,000
MLS: 26667219
Beds
4
Baths
2
Sq Ft
1,616
Lot
0.19 ac
Year Built
1953
MLS #
26667219
Days on Market
27
Listed
Mar 20, 2026
Description
Welcome to 7020 Oakdale Ave a property designed for how buyers are thinking today. With a 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 rare opportunity to offset your monthly payment and improve overall affordability in a way most homes simply cannot. Solar system to be assumed by buyer, offering energy efficiency and potential long-term savings. 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 ADU income potential 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. 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. 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. Per seller/records, the main home is approximately 1,290 sq ft and the ADU approximately 326 sq ft. Buyer to verify all measurements, permits, and use. The ADU includes 1 bedroom and 1 bathroom, features a private entrance and open layout, and 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, parks, and commuter routes. Nearby schools include Shirley Avenue Elementary, which reflects strong ratings on GreatSchools (buyer to verify) .Homes that combine income potential, flexible living, and updated interiors like this are becoming increasingly limited in this price range. 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.
Location
Winnetka, Los Angeles County, CA 91306
Open on Google Maps ↗Listed by: David M. Hitt · Redfin
Payment estimate
$6,899
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $855,000
- Principal & Interest
- $5,253
- Property tax (1.25%)
- $990
- Homeowners insurance
- $300
- Mortgage insurance
- $356
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Winnetka home with as little as 3.5% down using an FHA loan — roughly $33,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Winnetka, CA 91306 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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