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 ow
MLS #
CRSR24199707
MLS Source
California Regional MLS
Days on Site
53
Bedrooms
Ground Floor Bedroom
Appliances
Other
Fireplace
None
Laundry
Other
Cooling
Central Forced Air
Heating
Central Forced Air
Foundation
Raised, Slab
Pool
None
Garage/Parking
Other, Private / Exclusive, RV Access, Garage: 0 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LAR1
7435 - 7437 Balcom Ave is a Single Family Residence in Reseda, CA 91335. This 2,007 square foot property sits on a 6,156 Sq Ft Lot and features 6 bedrooms & 4 full bathrooms. It is currently priced at $1,050,000 and was built in 1946.
This address can also be written as 7435 - 7437 Balcom Ave, Reseda, CA 91335.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 17, 2024. For the most current information, please contact David Prieto