Reseda, CA 91335 7435 - 7437 Balcom Avenue
$1,075,000
OPEN HOUSE Sat, Oct 12 2024 1:30 PM - 3:30 PM
19 more
Presented By: David Prieto with Sync Brokerage, Inc.; 818-422-3831
Home Details
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.
Presented By: David Prieto with Sync Brokerage, Inc.; 818-422-3831
Interior Features for 7435 - 7437 Balcom Avenue
Bedrooms
Main Level Bedrooms3
Total Bedrooms6
Bathrooms
Main Level Bathrooms2
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup, ElectricDryerHookup, GasDryerHookup, Inside
Total Stories1
Other Rooms
Entry Level1
General for 7435 - 7437 Balcom Avenue
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityReseda
Community FeaturesCurbs, StreetLights, Sidewalks
ContingencyOwer is an active California Real Estate Broker. No contingencies, The main Property is being delivered with performing tenants in place under a month-to-month lease.
CoolingCentralAir
CountyLos Angeles
Days on Market8
DirectionsBalcom Ave & Valerio st.
Electric On Property Y/NNo
Entry Locationbalcom ave
Full Baths4
Garage Spaces0.0
Garage Y/NNo
HOA0.0
HeatingCentral
High School DistrictLos Angeles Unified
Home Owner AssocNo
Home Warranty Y/NNo
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Living Area UnitsSquareFeet
Lot Size Square Feet6156.0
Lot Size UnitsSquareFeet
MLS AreaRES - Reseda
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal2
Occupancy TypeTenant
Open Parking Spaces4.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property ConditionTurnkey
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Structure TypeHouse
Tax Lot19
TermsCash, CashToNewLoan, Conventional, FHA
ViewNone
View Y/NNo
Waterfront Y/NNo
Year Built1946
Year Built SourceAssessor
ZoningLAR1
Exterior for 7435 - 7437 Balcom Avenue
Crops Included Y/NNo
Foundation DetailsRaised, Slab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre, BackYard, Garden, RectangularLot
Lot Size Acres0.1413
Lot Size Area6156.0
Lot Size SourceAssessor
Open Parking Y/NNo
Parking FeaturesDrivewayLevel, Paved, Private, RvAccessParking
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480