7435 - 7437 Balcom Avenue

Reseda, CA 91335

PRICE REDUCED

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-$25,001 (-2.33%)

$1,049,999

List Price

6

bed Beds

4

shower Baths

2,007 sqft

straighten / sqft

1946

calendar_month Built

Property Description

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.

Listing Information

List Price $1,049,999
Status Active
MLS SR24199707
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1946
Lot Size 6,156
Structure Size 2,007
DOM 60
Courtesy Of Sync Brokerage, Inc.
Listing Agent David Prieto DRE#01881417

Interior Features

Laundry Information
Location(s) Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 4
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: David Prieto, Sync Brokerage, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 26th, 2024 at 1:28 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.