Welcome to your income-generating retreat in Lake Balboa, where every detail is designed for comfort and convenience! This property offers a unique blend of versatility and charm, featuring a 3-unit setup with the simplicity of loan qualification as a Single Family Residence. Upon entering the main house, you're greeted by inviting spaces, including high ceilings and a cozy brick fireplace, creating a warm atmosphere for relaxation. Laminate and tile flooring add a touch of sophistication, while the expansive kitchen beckons with stone countertops, stainless steel appliances, and ample room for culinary creativity. A separate dining area and convenient powder room enhance the functionality of the space, while the individual laundry room streamlines chores with its included washer and dryer. At the front of the house, you'll find a sprawling walk-in coat closet, providing easy access to storage for your outerwear and belongings. Two generously sized bedrooms share a full bath, while the primary bedroom suite offers his and hers closets, an ensuite 3/4 bath, and access to a vast enclosed patio—perfect for unwinding or entertaining guests. Step outside to your own private backyard oasis, complete with a grassy area for your furry friends to roam, an outdoor sink for added convenience, a large storage unit for all your essentials, and a custom-built seating area surrounding a cozy firepit—ideal for gathering under the stars. The (64391/2 Graves Ave) ADU, constructed in 2024, and the (6439 Graves Ave) JADU, built in 2023, offer additional income potential. This property's location adds to its appeal, with Birmingham High School and Mulholland Middle School nearby, as well as easy access to Van Nuys Airport, Lake Balboa Park, golf courses, and the 405 and 101 freeways—making commuting a breeze. Experience the comfort and versatility of this meticulously renovated property, originally built in 1955 and fully revamped in recent years. Don't miss out on the opportunity to own a piece of Lake Balboa's vibrant real estate scene. Schedule a viewing today and discover the potential of this income-generating gem!