6714 Jellico, Lake Balboa, California 91406, Lake Balboa, 91406 - 4 bed, 3 bath
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Lake Balboa, California 91406
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $1,029,000—positioned slightly above the $986,781 Fair Market Value. While the price reflects a premium, the property features a Mint Condition Rating and a newly permitted 400 sq. ft. ADU, providing immediate rental income potential. With a 7,250 sq. ft. lot offering future expansion possibilities, this asset combines modern upgrades like a tankless water heater and quartz kitchen with long-term investment security. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6714 Jellico Subject | $1,029,000* List Price | 4 | 3 | 1,677 | $588 | - |
A 6914 Andasol Sold | $1,025,000 | 4 | 2 | 1,701 | $603 | 0.4 mi |
B 6737 Jellico Sold | $863,000 | 3 | 2 | 1,583 | $545 | 0.1 mi |
C 17256 Lemay Sold | $1,060,000 | 4 | 3 | 1,728 | $613 | 0.4 mi |
D 6902 Lasaine Avenue Sold | $1,169,000 | 3 | 2 | 2,032 | $575 | 0.4 mi |
E 17419 Leadwell Sold | $882,000 | 4 | 2 | 1,848 | $477 | 0.8 mi |
F 6941 Louise Avenue Sold | $965,000 | 3 | 2 | 1,836 | $526 | 0.5 mi |
G 17008 Hartland St Active Under Contract | $945,000 List Price | 4 | 2 | 1,507 | $627 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation within the last 5 years, including a brand-new permitted ADU. All major systems are updated (newer roof, HVAC, and tankless water heater), and the interior features a modern kitchen with quartz countertops, remodeled bathrooms, new windows, and luxury laminate flooring throughout, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7250, living area = 1677.
Elementary School: Kester Avenue Elementary School (9/10).
The property includes a newly constructed, fully permitted 400 sq. ft. 1-bedroom ADU with its own kitchen and laundry, providing immediate rental income potential or a private multi-generational living space.
The property was recently sold within the past year on 2025-07-30. The sold price is $550,000.00.
Most of the immediate elementary and middle schools assigned to this address have lower performance ratings (3/10), which may deter families prioritizing high-ranking educational districts.
With the main house measuring approximately 1,277 sq. ft., the individual room sizes and common areas may feel restrictive for buyers accustomed to larger suburban footprints at this price point.
FULLY RENOVATED HOME + PERMITTED ADU + FUTURE EXPANSION POTENTIAL Beautifully and meticulously renovated single-level home tucked away on a quiet, tree-lined cul-de-sac in one of Lake Balboa’s most desirable neighborhoods. This light-filled 3-bedroom, 2-bath residence offers approximately 1,277 square feet of thoughtfully upgraded living space on an expansive 7,000+ square foot lot. Nearly every detail has been improved, including newer windows and doors, updated drywall, recessed LED lighting, waterproof luxury laminate wood flooring, a newer roof, upgraded HVAC system, and a tankless water heater. The open-concept layout creates seamless flow for everyday living and entertaining. The modern kitchen is completely redone with quartz countertops, new cabinetry, stainless steel appliances, and clean, contemporary finishes. The primary suite features a beautifully remodeled bathroom, creating a comfortable private retreat. A spacious laundry room leads directly to the backyard. What truly sets this property apart is the newly constructed, fully permitted approx. 400 sq ft 1-bedroom, 1-bath ADU — a rare and highly valuable addition. Designed as a true independent living space, it features its own full kitchen, stainless steel appliances, dedicated laundry, and a private entrance. Ideal for rental income, multigenerational living, guest quarters, or a private workspace, the ADU provides immediate flexibility and long-term financial upside. The expansive backyard offers a park-like setting with exceptional space and layout, presenting a rare opportunity to potentially add a third ADU (buyer to verify) — further enhancing income potential and future value. Additional highlights include abundant secure off-street parking and a highly convenient location near Lake Balboa Park, Woodley Lakes Golf Course, the Sepulveda Basin Recreation Area, Encino Farmers Market, and the Metro Orange Line, with easy access to the 101 and 405 freeways. A rare opportunity offering modern upgrades, a brand-new income-producing ADU, and future expansion potential — delivering both lifestyle and investment in one compelling property.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 1,677 | 1,526 | 61% |
| Lot Size | 7,250 | 6,550 | 63% |
| Price | $1.03M | $885.0K | 73% |
| Price per sq ft | $614 | $603 | 55% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 137 | 2% |
May 30, 2026
$1,029,000
Initial Listing
Jul 30, 2025
$550,000
Public Record