At a new price and an exciting GRM of 14.6, this fully rented three unit property offers an excellent opportunity for those seeking to complete a 1031 exchange or acquire a high income generating asset in a prime residential neighborhood of Lake Balboa, conveniently located near the 405 and 101 FWYs just north of Encino. The property features a remodeled and extended 4 bed, 3 bath, 1,613 sq ft main house, a brand new 3 bed, 2 bath, 1,200 sq ft detached ADU with a paid off solar system, and a 1 bed, 1 bath, 345 sq ft JADU. In total, it offers 3,158 sq ft of living space with a combined 8 bed, 6 bath count on an 8,877 sq ft lot. Three units, each with its own address, private outdoor space, and in unit laundry. The main house features an open floor plan with a spacious living room, a primary suite, and a junior suite. It boasts a brand new kitchen equipped with white shaker cabinetry, quartz countertops, a walk in pantry, and fully renovated bathrooms. The new detached ADU offers private outdoor space with palm trees, enclosed by a white vinyl fence. Inside, the open floor plan seamlessly connects the spacious living room to the new kitchen, featuring white shaker cabinetry and quartz countertops. The primary bedroom includes a large walk in closet and a private bathroom with a tub. The newly completed JADU is located at the front of the property and features a living space, a well sized bedroom with a wall to wall closet, and a kitchen with white shaker cabinetry and quartz countertops. The bathroom includes a tub and stackable laundry hookups. Recessed lighting, laminate floors, and double paned windows are featured throughout all units. Nearby amenities include Lake Balboa Park, golf courses, an off leash dog park, and a Sunday farmers market. With easy access to the 101 and 405 freeways and the Orange Line Busway, this property offers both convenience and a prime location. Dont miss out on this exceptional investment opportunityschedule your private tour today!