7435 Balcom Avenue, Reseda (los Angeles), CA 91335

$1,050,000 Asking Price

6 beds
4 baths
2,007  sqft
Built in 1946

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 o

Features & Amenities

Interior

Laundry:
Other, Inside
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
None

Exterior

General:
Backyard, Garden, Back Yard
Pool:
None
Parking:
Private, RV Access

Construction

General:
1, Raised, Slab

Location

HOA Amenities:
0.0
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LAR1, 2120030030
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
Sync Brokerage, Inc., David Prieto

About Reseda, CA

Housing

Number of Units
23,900
Median Home Value
$548,588
Median Rent
$1,425

52.22% of housing units are renter occupied.

3.32% are vacant.

Commute

Car
68.91%
Public Transportation
3.83%
Walk to Work
1.36%
Work from Home
24.06%
Other
1.26%

The median travel time to work is 27 minutes.

People

Population
75,244
Median Age
37.80
Median Household Size
3.32

Education

High School
22.21%
Associate’s Degree
7.17%
Bachelor’s Degree
20.05%
Graduate Degree
8.71%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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