Open House: Sun, Oct 27th 1:00 PM - 4:00 PM PDT

Active

7435 - 7437 Balcom Avenue

Reseda CA, 91335

$1,075,000


$535.63 per sqft

Active

6 Beds

4 Baths

2,007 sqft

Residential

Built in 1946

Listed by David Prieto with Sync Brokerage, Inc. 818-422-3831

Two Homes on One Lot at 7435 & 7437 Balcom Ave!
Discover a prime investment opportunity or the perfect setup for multigenerational living in the heart of Reseda! This unique property offers not just one, but two fully equipped homes on a single lot. The main home at 7435 Balcom Ave features a spacious 3 bedrooms, 2 bathrooms, and 1,107 sq ft of comfortable living space. Currently occupied by performing tenants, this home is already generating steady rental income--a smart choice for those looking to invest. The newly upgraded ADU at 7437 Balcom Ave adds an extra 3 bedrooms and 2 bathrooms in 900 sq ft of modern living. With a private side yard and backyard, this unit will be delivered vacant, allowing you to move right in or lease it out for top rental value. This property is perfect for first-time homebuyers, real estate investors, or anyone looking to take advantage of a DSCR loan. Live in one home and rent out the other, or generate income from both! Whether you're looking for a multigenerational living setup, a rental property to expand your portfolio, or a home with income potential, this property offers it all. Don't miss your chance to own this incredible dual-living opportunity in one of Reseda's most sought-after neighborhoods.

SR24199707

MLS ID

September 26, 2024

Listed

October 21, 2024

Updated

Map

7435 - 7437 Balcom Avenue
Reseda CA, 91335

Interior Features

Total Stories

1


Bedrooms

6


Total Bathrooms

4


Full Bathrooms

4


Interior Features

All Bedrooms Down


Laundry Description

Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

2-5 Units/Acre, Back Yard, Garden, Rectangular Lot


Sewer

Public Sewer

School Information

School District

Los Angeles Unified

Other Property Details

Area Name

RES - Reseda


Days on Market

25


Garage

No


Parking

Driveway Level, Paved, Private, RV Access/Parking


Parking Total

4


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR1

Open House Schedule

Sun, Oct 27th

1:00 PM - 4:00 PM PDT

Listing Contact: 818-770-3660 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/21/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/21/2024 at 11:49 PM UTC

 

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