7435 Balcom Avenue
Reseda, CA, 91335
$1,050,000
6 Beds
4 Baths
2,007 SqFt
0.14 Acres
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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 &#38' 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&#39'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

Price:
$1,050,000
MLS #:
SR24199707
Status:
Active
Beds:
6
Baths:
4
Address:
7435 Balcom Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
resreseda
City:
Reseda
Listed Date:
Sep 26, 2024
State:
CA
Finished Sq Ft:
2,007
ZIP:
91335
Lot Size:
6,156 sqft / 0.14 acres (approx)
Year Built:
1946
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Schools

Interior

Cooling
Central Air
Fireplace Features
None
Heating
Central

Exterior

Community Features
Curbs, Sidewalks, Street Lights
Foundation Details
Raised, Slab
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre, Back Yard, Garden, Rectangular Lot
Parking Features
Paved, Driveway Level, Private, R V Access/ Parking
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
None
Water Source
Public

Financial

Association Fee
0.00

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7435 Balcom Avenue
Reseda, CA