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Michael & Jessica Solis

mike@solisteamre.com +1(760) 889-9374

$ 1,874,000

Est. payment | -/mo

8 Beds

8 Baths

3,553 SqFt

Save

$ 1,874,000

Est. payment | -/mo

Save

8 Beds

8 Baths

3,553 SqFt

Open House

Sun Dec 07, 12:30pm - 3:30pm

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,553 sqft

Price per Sqft $527

MLS Listing ID SR25269283

Bedrooms 8

Full Baths 8

Year Built 1949

Lot Size 8,063 Sqft

Property Sub-Type Detached

Property Description

INCREDIBLE FOUR-PLEX IN PRIME LAKE BALBOA! Four Houses on One Lot with $13,000+ Monthly Rental Income Potential! Welcome to 6933, 6935, 6935 & 6937 Jellico Ave. Whether you are a first time home buyer who is looking for space & privacy or an investor who wants to generate strong cashflow & passive income, this property is the perfect fit for you. Imagine owning a property that can help pay its own mortgage. This Fourplex features 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 Breakdowns are: 6935 Jellico (SB9):1287 SqFt, 3 beds & 3 baths. 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. The entire property features brand-new plumbing, electrical, sewer lines, HVAC systems, roofing, gutters, smooth stucco, new double-pane windows, new doors, modern exterior & interior finishes and new landscape & hardscape. SB9 unit has 10ft high ceilings and paid-off solar panels. Inside, each unit features 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 desirabl

Location

State CA

County Los Angeles

Zoning R1

Direction Take exit 22 on US-101 N to White Oak Ave, Turn Right onto Vanowen St, Turn left to Jellico Ave

Interior

Interior Features Recessed Lighting

Heating Forced Air Unit

Cooling Central Forced Air, Wall/Window, Electric

Flooring Laminate

Fireplace No

Appliance Dishwasher, Microwave, Electric Range, Gas Range

Laundry Electric, Gas, Washer Hookup

Exterior

Fence Excellent Condition

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

Roof Type Asphalt

Accessibility None

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 2229001005

Acceptable Financing Cash, Conventional, Cash To New Loan

Listing Terms Cash, Conventional, Cash To New Loan

Special Listing Condition Standard

Listed by Sana Ahdeno Equity Union

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(760) 889-9374

mike@solisteamre.com

206 N Freeman St, Oceanside, CA, 92054, United States

6935 Jellico Avenue Lake Balboa, CA 91406

Michael & Jessica Solis

Open House

Key Details

Location

Interior

Exterior

Building

Others

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6935 Jellico Avenue