An exceptional opportunity in desirable Lake Balboa offering a beautifully renovated main residence PLUS a permitted attached Junior ADU—perfect for multigenerational living, extended family, a private home office, guest accommodations, or potential rental income! The thoughtfully updated main residence offers approximately 1,277 sq. ft. with 3 bedrooms and 2 bathrooms, featuring a bright, inviting floor plan designed for comfortable everyday living and entertaining. Stylish finishes and modern updates create a truly move-in-ready home with the warmth and character today’s buyers are looking for. Adding tremendous value and versatility is the approximately 400 sq. ft. permitted detached ADU featuring 1 bedroom and 1 bathroom. Whether used for family, guests, work-from-home space, or potential rental income ($2200 to $2400 per month) to help offset monthly housing expenses, this separate residence provides flexibility that is increasingly difficult to find. Together, the main residence and ADU offer approximately 1,677 sq. ft. of living space with a total of 4 bedrooms and 3 bathrooms, all situated on an approximately 7,250 sq. ft. lot. The spacious property provides room to relax, entertain, and enjoy Southern California living while maintaining separation and privacy between the two residences. This unique setup is ideal for an owner-user looking for additional space and income potential without sacrificing the comfort of a traditional single-family home. Conveniently located in Lake Balboa and adjacent to Encino, with easy access to shopping, dining, recreation, transportation, and everything the San Fernando Valley has to offer. Why settle for just a house when you can have a beautifully updated home PLUS a permitted second residence? 6714 Jellico offers the flexibility to live, work, host, and potentially generate income—all on one property. A special opportunity for buyers looking for more than the typical single-family home. Come experience everything 6714 Jellico Avenue has to offer!