Great Income Opportunity in A Prime Lake Balboa Location. Two Homes on an 11,350 Sq Ft. Corner Lot! Live In One and Rent the Other OR Rent Both! Main House Is 1,064 Sq. Ft. 3 Bedroom, 1 Bath FIXER with Hardwood Floors. 2-Car Garage, RV and Boat Access! Needs Some TLC! Bring Your Imagination and Your Contractor! Permitted Guest House Is Approximately 840 Square Feet. It Boasts 2 Bedrooms, 1 Bath, Completely Remodeled Kitchen with Recessed Lighting, New Cabinets, New Countertops, New Flooring, New Bluetooth Samsung Oven/Range and Stainless Farmhouse Sink. Also Has Its Own Laundry Area Inside Unit, Off Street Parking. And a Private, Gated, Landscaped Backyard. It Is Currently Under 12-Month Lease with A Great Tenant as of 11/2021 At $2,400/Month. Close Proximity to Award Winning Schools, Balboa Lake, Balboa Park, Biking Trails, Golf Courses, Shopping, Restaurants, And The 101 And 405 Freeways!