7435 Balcom Avenue
Reseda (los Angeles), CA 91335
- 6 beds
- 4 baths
- 2,007 sqft
- 6,156 sqft lot
- $523 per sqft
- 1946 build
- – on site
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
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Nov 17, 2024
•
MLS# CRSR24199707 —
The Building
-
Year Built:1946
-
Stories:1
-
Levels:One Story
-
Foundation Details:Raised
-
Building Area Total:2007
-
Building Area Units:Square Feet
-
Building Area Source:Assessor Agent-Fill
Interior
-
Fireplace:false
-
Fireplace Features:None
Room Dimensions
-
Living Area:2007
-
Living Area Units:Square Feet
Location
-
Directions:Balcom Ave & Valerio st.
The Property
-
View:None
-
View:false
-
Property Type:Residential
-
Property Subtype:Single Family Residence
-
Lot Features:Street Light(s)
-
Lot Size Area:0.1413
-
Lot Size Acres:0.1413
-
Lot Size SqFt:6156
-
Lot Size Units:Acres
-
Exterior Features:Backyard
-
Zoning:LAR1
-
Parcel Number:2120030030
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Tract:1318.02
Beds
-
Bedrooms Total:6
Baths
-
Total Baths:4
-
Full Baths:4
The Listing
-
Listing TermsCash
Heating & Cooling
-
Heating:Central
-
Heating:true
-
Cooling:Central Air
-
Cooling:true
Utilities
-
Sewer:Public Sewer
-
Water Source:Public
Appliances
-
Laundry Features:Other
Schools
-
High School District:Los Angeles Unified
The Community
-
Pool Private:false
-
Pool Features:None
-
Association:false
-
# of Units In Community:2
Parking
-
Garage:false
-
Attached Garage:false
-
Carport:false
-
Parking Total:4
-
Parking Features:Private
Monthly cost estimate
Asking price
$1,050,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,622
|
| Taxes | N/A |
| Insurance | $288 |
| Utilities | $183 See report |
| Total | $6,093/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/17/24
Nov 17, 2024
|
Listed / Active | BRIDGE | $1,050,000 | |
|
11/13/24
Nov 13, 2024
|
Sold Subject To Contingencies | BRIDGE | $1,050,000 | -2.3% |
|
9/26/24
Sep 26, 2024
|
Listed / Active | BRIDGE | $1,075,000 | 133.7% (20.0% / YR) |
