$1,013,000
$1,039,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
2,007 SqFt
SOLD DATE : 09/05/2025
Key Details
Sold Price $1,013,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,007 sqft
Price per Sqft $504
MLS Listing ID CRSR25168516
Sold Date 09/05/25
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1946
Lot Size 6,156 Sqft
Acres 0.1413
Property Sub-Type Single Family Residence
Property Description
Welcome to 7435–7437 Balcom Ave, a rare and fully upgraded dual-home opportunity in the heart of Reseda. Perfect for investors, first-time buyers, or house hackers, this versatile property offers two separate residences on one lot—both delivered vacant and ready for immediate occupancy or lease-up. The main home features 3 spacious bedrooms and 2 bathrooms across approximately 1,107 sq ft, while the detached ADU offers an additional 3 bedrooms and 2 bathrooms with approximately 900 sq ft of living space. Each unit has its own private entrance, modern upgrades, and a turnkey layout designed for comfortable living and strong rental appeal. With the high cost of ADU construction already handled, this property delivers exceptional value and immediate rental income potential—projected at approximately $3,500/month for the main house and $3,350/month for the ADU. That’s over $6,800/month in possible gross rental income. Whether you're seeking supplemental income, building a real estate portfolio, or taking advantage of DSCR loan financing, this property is an outstanding investment in one of the San Fernando Valley’s most in-demand rental markets. Located just minutes from local shopping, dining, public transportation, CSUN, and major freeways, 7435–7437 Balcom Ave offers t
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Interior Features Updated Kitchen
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type Decorative, Living Room
Fireplace Yes
Laundry Dryer, Washer, Other
Exterior
Exterior Feature Front Yard, Other
Pool None
Utilities Available Natural Gas Available, Natural Gas Connected
View Y/N false
View None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Street Light(s)
Story 1
Foundation Raised
Architectural Style Traditional
Level or Stories One Story
New Construction No
Schools
School District Los Angeles Unified
Others
Tax ID 2120030030
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with ClaudiaCook

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