$1,805,000

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, new electrical, new sewer lines, new HVAC systems, new roof & gutters, smooth stucco, new doors & windows, modern exterior & interior finishes and new landscape & hardscape. All units are also equipped with new fire sprinkler systems. 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 newly built four-plex in a desirable neighborhood. Don’t miss your chance to own this exceptional four-plex in one of Lake Balboa’s most sought after pockets!