7435 Balcom Avenue
Reseda, CA 91335
2007 sqft | 6 beds | 4 baths | 0.14 acres | #SR24199707
Description
Price Slashed by $25K! This incredible property just became an even better deal, with a $25,000 price reduction designed to move fast!
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.
Property Details
- Lot DescriptionTwoToFiveUnitsAcre, BackYard, Garden, RectangularLot
- Property SubtypeSingleFamilyResidence
- School DistrictLos Angeles Unified
- InteriorAllBedroomsDown
- FoundationRaised, Slab
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,075,000
- MLS #SR24199707
- MLS #SR24199707
- Property TypePurchase
- Cost1049999
- Acres0.1413
- Utility SourcePublic
- Structure TypeHouse
- Square Feet2007
- Year Built1946
- Bedrooms6
- Bathrooms4
- Full Baths4
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: David Prieto (#F207058343)
Listing Office: Sync Brokerage, Inc. (#SR0014702)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
