7435 - 7437 Balcom Avenue, Reseda, CA 91335

$1,075,000 Asking Price

6 beds
4 baths
2,007  sqft
Built in 1946

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.


Features & Amenities

Interior

General:
All Bedrooms Down
Laundry:
Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
None

Exterior

Pool:
None
Parking:
Driveway Level,Paved,Private,RV Access/Parking, Parking spaces: 4

Construction

General:
1, Raised,Slab

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LAR1, 2120030030
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

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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