7001 Jellico Avenue, Lake Balboa, California 91406, Lake Balboa, 91406 - 3 bed, 3 bath

7001 Jellico Avenue, Lake Balboa, California 91406 home-pic-0
ACTIVE$899,223
7001 Jellico Avenue, Lake Balboa, California 91406
3Beds
3Baths
1,509Sqft
7,754Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $899,223.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7754, living area = 1509.
Top Cons:
Older Construction: Built in 1951, the property is an older home. While many updates are noted, potential buyers may have concerns about original infrastructure (e.g., plumbing, electrical) not explicitly mentioned as upgraded.

Compared to the nearby listings

Price:$899.2K vs avg $900.0K ($-776)50%
Size:1,509 sqft vs avg 1,496 sqft51%
Price/sqft:$596 vs avg $60445%

More Insights

Built in 1951 (74 years old).
Condition: This 1951-built home has undergone extensive and thoughtful renovations, making it move-in ready with no immediate updates required. The kitchen features modern white cabinetry, granite countertops, stainless steel appliances, and recessed lighting. All three bathrooms are updated with granite vanities and matching tile, and the significant feature of each bedroom having its own full bathroom adds considerable value and modernity. The property also boasts laminate wood floors throughout, fresh paint, newer dual-pane windows, central air and heat, a tankless water heater, and an EV charging hookup. While the style of the granite and tile in the kitchen and bathrooms suggests a renovation that is likely 5-15 years old rather than brand new, these updates are well-maintained and functional, aligning perfectly with the 'Good' condition criteria for a property extensively renovated within that timeframe.
Year Built
1951
Close
-
List price
$899K
Original List price
$925K
Price/Sqft
$596
HOA
-
Days on market
-
Sold On
-
MLS number
SR25256741
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

From the moment you arrive at this corner home on a quiet, tree-lined street, the welcoming front lawn sets the tone. It feels like the kind of place where neighbors wave hello and the house itself invites you in. Step inside to a light-filled foyer with a full bath to the left and a nearby bedroom that works well for guests or a home office. To the right is the modern kitchen with white cabinetry, granite counters, stainless steel appliances, recessed lighting, and newer dual-pane windows. A utility room with laundry hookups sits just off the kitchen for everyday convenience. The open floor plan carries you from the kitchen to the dining area and into a spacious living room anchored by a fireplace with gas starter. Large sliders lead to a private backyard with a combined pool and spa and a gazebo ready for relaxing or entertaining. Because the detached two-car garage sits on the side street, you enjoy the full use of the backyard without sacrificing space. All three bedrooms include their own full bathrooms, giving each room comfort and privacy. The home has been freshly painted inside and out and has laminate wood floors throughout. A tankless water heater, central air and heat, and a 220 hookup in the detached garage for EV charging add ease and efficiency. The home qualifies for special zero down and low down payment loan programs, including certain government-backed options that can make ownership more accessible. Set on a peaceful, mature-tree-lined street near markets, coffee shops, parks, and commuter routes, this is a home that blends comfort, convenience, and community. With 1,509 square feet of living space on a generous 7,754 square foot lot, it offers room to live well in a neighborhood that feels welcoming and grounded.

Nearby schools

6/10
Lemay Street Elementary School
Public,K-50.3mi
5/10
Lemay Street Elementary School
Public,K-50.4mi
3/10
Bertrand Avenue Elementary School
Public,K-50.4mi
3/10
Anatola Avenue Elementary School
Public,K-50.4mi
3/10
Anatola Avenue Elementary School
Public,K-50.5mi
3/10
Gault Street Elementary School
Public,K-50.8mi
3/10
Gault Street Elementary School
Public,K-50.8mi
7/10
Stagg Street Elementary School
Public,K-51.3mi
6/10
Lorne Street Elementary School
Public,K-51.4mi
5/10
Cantara Street Elementary School
Public,K-51.5mi
3/10
Bassett Street Elementary School
Public,PK-52.4mi
4/10
Bassett Street Elementary School
Public,K-52.4mi
4/10
Sylvan Park Elementary School
Public,K-53.3mi
9/10
Kester Avenue Elementary School
Public,K-54.0mi
3/10
William Mulholland Middle School
Public,6-80.7mi
5/10
William Mulholland Middle School
Public,6-80.9mi
3/10
Northridge Middle School
Public,6-81.9mi
2/10
Van Nuys Middle School
Public,6-84.3mi
4/10
Reseda Senior High School
Public,9-120.9mi
7/10
Northridge Academy High
Public,9-123.3mi
6/10
Van Nuys Senior High School
Public,9-123.6mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.4mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.4mi

Price History

Date
Event
Price
09/26/08
Sold
$423,000
05/30/07
Sold
$750,000
11/04/04
Sold
$230,000
Condition Rating
Good

This 1951-built home has undergone extensive and thoughtful renovations, making it move-in ready with no immediate updates required. The kitchen features modern white cabinetry, granite countertops, stainless steel appliances, and recessed lighting. All three bathrooms are updated with granite vanities and matching tile, and the significant feature of each bedroom having its own full bathroom adds considerable value and modernity. The property also boasts laminate wood floors throughout, fresh paint, newer dual-pane windows, central air and heat, a tankless water heater, and an EV charging hookup. While the style of the granite and tile in the kitchen and bathrooms suggests a renovation that is likely 5-15 years old rather than brand new, these updates are well-maintained and functional, aligning perfectly with the 'Good' condition criteria for a property extensively renovated within that timeframe.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7754, living area = 1509.
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
En-suite Bathrooms: All three bedrooms feature their own full bathrooms, providing exceptional privacy and convenience for residents and guests.
Private Backyard Oasis: The property boasts a private backyard with a combined pool and spa, along with a gazebo, ideal for relaxation and entertaining. The detached garage placement maximizes usable backyard space.
Modernized & Efficient Features: Recent upgrades include fresh interior and exterior paint, laminate wood floors throughout, a tankless water heater, central air and heat, and a 220V hookup in the garage for EV charging, enhancing comfort and energy efficiency.
Updated Kitchen: The kitchen is modern and well-appointed with white cabinetry, granite countertops, stainless steel appliances, recessed lighting, and newer dual-pane windows.
Accessible Financing: The home qualifies for special zero and low down payment loan programs, including government-backed options, which significantly broadens the pool of potential buyers.

Cons

Older Construction: Built in 1951, the property is an older home. While many updates are noted, potential buyers may have concerns about original infrastructure (e.g., plumbing, electrical) not explicitly mentioned as upgraded.
Moderate Interior Square Footage: With 1,509 square feet of living space on a generous 7,754 square foot lot, the interior size might be considered moderate by some buyers, especially given the large lot size.
Mixed School Ratings: While there are several schools nearby, some elementary and middle schools have lower ratings (e.g., 2-3 out of 10), which could be a concern for families prioritizing top-rated public education.

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