7435 Balcom Avenue

Reseda, CA 91335

$1,050,000
Price
6
Beds
4
Baths
2,007 Sq. Ft.
$523 / Sq. Ft.
2,007
Sq. Ft.
$523
per Sq. Ft.

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...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 incomea 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. Dont miss your chance to own this incredible dual-living opportunity in one of Resedas most sought-after neighborhoods.
  1. Listed by SAND User • DRE #01881417 • Brokerage DRE #02031490 • Sync Brokerage, Inc.

Property Details for 7435 Balcom Avenue

View Description
N/K
City Postal ID
RESEDA (91335)
LISTING UPDATED: 11/18/2024 11:56 AM

Property Details for 7435 Balcom Avenue

StatusActive
MLS #SR24199707
Days on Market58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached
Year Built1946
Lot Size0.14 AC / 6,155 SF
CountyLos Angeles County

Building Information for 7435 Balcom Avenue

Stories1Year Built1946Building Size-Lot Size0.14 AC / 6,155 SF

Property Information for 7435 Balcom Avenue

Summary Information
Property and Location
  • System ID: 306274428
  • Class: RESIDENTIAL
  • Residential Styles: Detached
  • Levels: 1 Story
  • Year Built: 1946
  • Street Number Numeric: 7435
  • Street Name: Balcom Avenue
  • Directions To Property: Balcom Ave & Valerio st.
Parking
  • Parking Non-Garage: Private
  • Parking Garage Spaces: 0
  • Parking for RV: On-Site Parking
HOA and Fees
  • Home Owner Fees: $0
  • Monthly Total Fees: $29
  • CFD/Mello-Roos Fee: $350
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: 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 incomea 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. Dont miss your chance to own this incredible dual-living opportunity in one of Resedas most sought-after neighborhoods.
Interior and Exterior Features
Interior Features
  • Heat Equipment: Forced Air Unit
  • Laundry Location: Inside
  • Laundry Utilities: Washer Hookup, Gas & Electric Dryer HU
  • Fireplace: N/K
  • Bedrooms Count: 6
  • Searchable Rooms: Living Room, All Bedrooms Down
Exterior Features
  • Pool: N/K
  • Square Footage: 2007
Property Information
Property and Assessments
  • Total Stories: 1
  • Stories in Building: 1
  • Residential Unit Location: No Common Walls
  • Entry Only: No
  • Entry Level Unit: 1
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Site: Curbs, Sidewalks
  • Zoning: LAR1
  • Assessments: N/K
  • Assessors Parcel Num: 2120030030
Utilities
  • Water: Public
  • Sewer/Septic: Public Sewer

Property History for 7435 Balcom Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7435 Balcom Avenue

Taxable ValueLand$402,460Additions$269,657Total$672,117
Tax Record2023$8,412 ($701 / month)
Home Facts
Beds6Total Finished SqFt2,007 SqFtAbove Grade Finished SqFt2,007 SqFtStories1Lot Size6,154 SqFtStyleSingle Family ResidenceYear Built1946ZoningLAR1CountyLOS ANGELESAPN2120-030-030

Schools near 7435 Balcom Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Public - 9 to 12
Rating
School
Distance
Anatola Avenue Elementary School
PublicK to 5

Northridge Middle School
Public6 to 8

Reseda Senior High School
Charter9 to 12

Zane Grey Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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7435 Balcom Avenue is a single family home for sale in Reseda, CA 91335. This property was listed for sale on September 26, 2024 by Sync Brokerage, Inc., it's currently listed at $1,050,000. It has been on the market for a total of 58 days and was last sold on January 22, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Anatola Avenue Elementary School, Northridge Middle School and Reseda Senior High School. 7435 Balcom Avenue is a 6-bed, 4-bath, 2,007 sqft single family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sync Brokerage, Inc., SAND User, DRE #01881417

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.