Listing by: David Prieto, Sync Brokerage, Inc., 818-422-3831
6 Beds
4 Baths
2,007 SqFt
Active
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 | ||
---|---|---|
Price | $1,050,000 | |
Bedrooms | 6 | |
Full Baths | 4 | |
Total Baths | 4 | |
Lot Size Area | 6156 | |
Lot Size Area Units | Square Feet | |
Acres | 0.1413 | |
Property Type | Residential | |
Sub type | SingleFamilyResidence | |
MLS Sub type | Single Family Residence | |
Stories | 1 | |
Year Built | 1946 | |
View | None | |
Heating | Central | |
Foundation | Raised,Slab | |
Lot Description | 2-5 Units/Acre,Back Yard,Garden,Rectangular Lot | |
Laundry Features | Gas & Electric Dryer Hookup,Inside,Washer Hookup | |
Pool features | None | |
Parking Description | Paved,Driveway Level,Private,RV Access/Parking | |
Parking Spaces | 4 | |
Garage spaces | 0 | |
Association Fee | 0 | |
Geographic Data | ||
Directions | Balcom Ave & Valerio st. | |
County | Los Angeles | |
Latitude | 34.205777 | |
Longitude | -118.521079 | |
Market Area | RES - Reseda | |
Address Information | ||
Address | - 7437 Balcom Avenue, Reseda, CA 91335 | |
Postal Code | 91335 | |
City | Reseda | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Sync Brokerage, Inc. | |
Listing Agent | David Prieto | |
Listing Agent Phone | 818-422-3831 | |
Attribution Contact | 818-422-3831 | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
Ownership | None | |
School Information | ||
District | Los Angeles Unified | |
MLS Information | ||
Days on market | 47 | |
MLS Status | Active | |
Listing Date | Sep 26, 2024 | |
Listing Last Modified | Nov 13, 2024 | |
Tax ID | 2120030030 | |
MLS Area | RES - Reseda | |
MLS # | SR24199707 |
This information is believed to be accurate, but without any warranty.