$1,039,000 - 6714 Jellico, Lake Balboa

Lake Balboa Home For Sale

Beautifully & Meticulously RENOVATED single-level home nestled on a quiet, tree-lined cul-de-sac in one of Lake Balboa’s most desirable neighborhoods. This fully renovated 3-bedroom, 2-bath residence offers 1,277 square feet of light-filled living space on an expansive 7,000+ square foot lot. Nearly everything has been upgraded, including brand-new windows and doors, new paint, new drywall, recessed LED lighting, waterproof laminate luxury wood flooring, a newer roof, upgraded HVAC system, and a tankless water heater. The open floor plan creates seamless flow for both everyday living and entertaining. The modern NEW kitchen features brand new stainless steel appliances, quartz countertops, new cabinets, new sink and sleek finishes that feel clean, current, and functional. The primary suite offers a beautifully remodeled bathroom, creating a comfortable and private retreat. Huge Laundry Room Leads to Backyard. What truly elevates this property, however, is the brand-new, fully permitted 400-square-foot 1-bedroom, 1-bath Junior ADU — a major value-add that dramatically increases flexibility and long-term return. Newly constructed, thoughtfully designed, and fully finaled. Complete with its own full kitchen, stainless steel appliances, dedicated laundry, and a fully separate private entrance, it functions as a true independent living space. The value of this new ADU cannot be overstated. Whether used for steady rental income, multigenerational living, guest quarters, or a private office, it provides immediate financial and lifestyle flexibility. With rental demand in Lake Balboa remaining strong, the ADU offers meaningful mortgage offset potential and enhances resale appeal for years to come. Beyond that, the HUGE expansive parklike setting in the backyard, ideal for entertaining, offers rare space and layout to accommodate a third ADU in the future — further amplifying investment upside. This location also provides abundant secure off-street parking! Conveniently located near Lake Balboa Park, Woodley Lakes Golf Course, the Sepulveda Basin, the Encino Farmers Market, and the Metro Orange Line, with easy access to the 101 and 405 freeways, the home combines tranquility with connectivity. This amazing property delivers modern upgrades, a brand-new income-producing ADU, and room for future expansion — a rare and powerful combination in today’s market.