Stunning Spanish style home on a HUGE, OVERSIZED LOT with a brand new ADU that is being rented for $1931.00. This home has it all! Don't miss this opportunity to own two homes on one lot in the highly sought after community of Lake Balboa! Includes 1314 sq ft, newly renovated 3 bedroom and 2 bath house with brand new, fully permitted 1 bedroom ADU. The lot is OVER 8,500 sq ft! Perfect for large families, or live in one and rent out the other to supplement your mortgage. For the savvy investor, you could rent out both and immediately and charge market rates to turn a profit, or build another detached ADU in the backyard and have three properties on one lot (buyer to verify with the City).Both properties have their own addresses and are permitted for separate electric meters. This Spanish style 3 bedroom, 2 bath home has beautiful modern finishes, offers new central AC and heat, new flooring and fully upgraded bathrooms & kitchen. The main house has all new stainless-steel appliances, newer flooring and new light fixtures as well. There is a huge drought tolerant front yard and recently landscaped backyard, both with new irrigation systems. The brand new, fully permitted ADU is 1 bedroom and 1 bath with a living area, kitchen, and separate bedroom, AC/heat, and combo washer/dryer. All appliances are electric in the ADU. Come see this property before it's gone!