7500 Lubao Avenue
Winnetka, CA, 91306
$849,000
MLS: 26664311
Beds
5
Baths
2
Sq Ft
1,423
Lot
0.16 ac
Year Built
1951
MLS #
26664311
Days on Market
21
Listed
Mar 13, 2026
Description
Welcome to this upgraded gated home located on a quiet, tree-lined street in one of Winnetka's most desirable neighborhoods. This light-filled residence features an open floor plan designed for comfortable living and easy entertaining, highlighted by custom shutters and abundant natural light throughout. Situated on a generous nearly 7,000 square foot lot, the property offers exceptional outdoor space with multiple patios perfect for gatherings and relaxation. The expansive backyard includes a thriving garden with sugarcane, vegetables, and more, creating a unique outdoor retreat for gardening enthusiasts and entertainers alike. A standout feature of the property is the massive detached structure at the rear of the lot, offering incredible flexibility for a workshop, studio, storage, or potential ADU possibilities. The large gated side driveway provides ample parking and is spacious enough for RV access. Recent upgrades include a newer roof, updated flooring, a remodeled kitchen, numerous dual-pane windows, and many additional improvements that enhance both comfort and efficiency. This rare property combines privacy, space, and versatility in a fantastic Winnetka location close to parks, shopping, and dining.
Location
Winnetka, Los Angeles County, CA 91306
Open on Google Maps ↗Listed by: Deanna D'Egidio · Harcourts Plus
Payment estimate
$6,198
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $84,900 · Loan: $764,100
- Principal & Interest
- $4,695
- Property tax (1.25%)
- $884
- Homeowners insurance
- $300
- Mortgage insurance
- $318
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 $29,715 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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