Discover an exceptional investment opportunity or the ideal multigenerational living arrangement in the heart of Reseda, California! This unique property features two fully equipped homes on a single lot, catering to both homebuyers and rental income investors. The main residence at 7435 Balcom Ave has been completely renovated and is turnkey, offering 3 bedrooms and 2 bathrooms within 1,107 sq ft of modern living space. Currently vacant, it''s ready for immediate occupancy or to be leased out for top rental value. The newly upgraded Accessory Dwelling Unit (ADU) at 7437 Balcom Ave adds an additional 3 bedrooms and 2 bathrooms in 900 sq ft of contemporary design. This unit is currently occupied by reliable tenants who consistently pay rent on time, providing immediate rental income. This property is perfect for first-time homebuyers, real estate investors, or anyone looking to capitalize on California''s thriving real estate market. Live in one home and rent out the other, or generate income from both! Whether you''re seeking 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
Price:
$1,090,000
MLS #:
SR25015269
Status:
Active
Beds:
6
Baths:
4
Address:
7435 Balcom Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
resreseda
City:
Reseda
Listed Date:
Jan 23, 2025
State:
CA
Finished Sq Ft:
2,007
ZIP:
91335
Lot Size:
6,156 sqft / 0.14 acres (approx)
Year Built:
1946
See this Listing
Mortgage Calculator
Schools
School District:
Los Angeles Unified
Interior
Cooling
Central Air
Fireplace Features
Living Room
Flooring
Laminate
Heating
Central
Exterior
Community Features
Curbs, Street Lights
Electric
Standard
Foundation Details
Raised, Slab
Garage Spaces
0.00
Lot Features
Front Yard, Lot 6500-9999, Rectangular Lot, Patio Home
Parking Features
Driveway, Gated, Tandem Uncovered
Parking Spots
4.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Map
Community
- Address7435 Balcom Avenue Reseda CA
- AreaRES – Reseda
- CityReseda
- CountyLos Angeles
- Zip Code91335
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7435 Balcom Avenue
Reseda, CA
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