UPDATED:
02/02/2025 12:52 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,007 sqft
Price per Sqft $543
MLS Listing ID SR25015269
Style Detached
Bedrooms 6
Full Baths 4
Construction Status Turnkey
HOA Y/N No
Year Built 1946
Lot Size 6,156 Sqft
Acres 0.1413
Property Description
Discover an exceptional investment opportunity or the ideal multigenerational living arrangement in the heart of Reseda, California! This unique property features two fully equipped homes on a single lot, catering to both homebuyers and rental income investors. The main residence at 7435 Balcom Ave has been completely renovated and is turnkey, offering 3 bedrooms and 2 bathrooms within 1,107 sq ft of modern living space. Currently vacant, it's ready for immediate occupancy or to be leased out for top rental value. The newly upgraded Accessory Dwelling Unit (ADU) at 7437 Balcom Ave adds an additional 3 bedrooms and 2 bathrooms in 900 sq ft of contemporary design. This unit is currently occupied by reliable tenants who consistently pay rent on time, providing immediate rental income. This property is perfect for first-time homebuyers, real estate investors, or anyone looking to capitalize on California's thriving real estate market. Live in one home and rent out the other, or generate income from both! Whether you're seeking 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.
Location
State CA
County Los Angeles
Area Reseda (91335)
Zoning LAR1
Interior
Cooling Central Forced Air
Flooring Laminate
Fireplaces Type FP in Living Room
Equipment Washer
Appliance Washer
Laundry Outside
Exterior
Exterior Feature Stucco
Parking Features Gated
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Connected
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description Curbs
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 1 Story
Construction Status Turnkey
Others
Monthly Total Fees $29
Acceptable Financing Cash, Conventional, Exchange, FHA, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, FHA, Cash To New Loan
Special Listing Condition Standard
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