6714 Jellico
Lake Balboa, CA, 91406
$1,039,000
MLS: SR26040386
Beds
4
Baths
3
Sq Ft
1,677
Lot
0.17 ac
Year Built
1950
MLS #
SR26040386
Days on Market
54
Listed
Feb 24, 2026
Description
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.
Location
Lake Balboa, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Poupee Komenkul · Rodeo Realty
Payment estimate
$7,517
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $103,900 · Loan: $935,100
- Principal & Interest
- $5,745
- Property tax (1.25%)
- $1,082
- Homeowners insurance
- $300
- Mortgage insurance
- $390
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 Lake Balboa home with as little as 3.5% down using an FHA loan — roughly $36,365 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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