INCREDIBLE FOUR-PLEX IN PRIME LAKE BALBOA! Four Houses on One Lot with $13,000+ Monthly Rental Income Potential! Welcome to 6933, 6935, 6935 ½ & 6937 Jellico Ave. Whether you are an investor who wants to generate strong cashflow & passive income or you are a first time home buyer looking for space & privacy, this property is the perfect fit for you. Imagine owning a property that can help pay its own mortgage. This Fourplex offers a total of 8 bedrooms and 8 bathrooms with roughly 3553 SqFt of living space, each unit having its own separate entrance and fully gated for maximum privacy. Unit Breakdown: 6935 ½ Jellico (SB9):1287 SqFt, 3 beds & 3 baths, 10ft high ceilings & paid off solar panels. 6935 Jellico (Main House): 940 SqFt, 2 beds & 2 baths. 6937 Jellico (ADU):826 SqFt, 2 beds & 2 baths. 6933 Jellico (Junior ADU): 500 SqFt, 1 bed & 1 bath. This property features brand new plumbing, electrical, sewer lines, HVAC systems, roof, gutters, smooth stucco, new windows, new doors, modern exterior & interior finishes and new landscape & hardscape. Interiors feature new stainless steel appliances, open floor plans, separate washer & dryer hookups for each unit, separate electric meters and private entrances. Top of the line Navien gas water heaters for Main House & JADU, while the SB9 and ADU are equipped with top tier Rheem electric water heaters. The SB9 and ADU also benefit from both front and rear alley access, adding additional convenience and privacy. This is a rare opportunity to own a fully upgraded four-plex in a desirable neighborhood. Don’t miss your chance to own this exceptional four-plex in one of Lake Balboa’s most desirable pockets!
3,553 Sq Ft
0.1851 Private Acres Lot Size
Single Family Home
Built in 1949
MLS/Listing ID SR25269283
1 Stories
4 Units
Gas Dryer Hookup
Washer Hookup
High Ceilings
In-Law Floorplan
Open Floor Plan
Quartz Countertops
Recessed Lighting
Walk-in Closets
Heating - Electric
Raised
Electric Dryer Hookup
Parking - On Street
Double Pane Windows
Insulated Doors
Gas Range
Electric Range
Dishwasher
Community - Sidewalks
Construction - Stucco
Construction - Drywall
Cooling - Wall/window unit(s)
Cooling - Electric
Cooling - Central Air
Lighting
Excellent Condition
Laminate
Slab
Water Heater
Microwave

TOTAL MONTHLY COST
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