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.
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