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$1,050,000
Est. payment /mo
6 Beds
4 Baths
2,007 SqFt
UPDATED:
11/17/2024 02:00 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,007 sqft
Price per Sqft $523
MLS Listing ID CRSR24199707
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1946
Lot Size 6,156 Sqft
Acres 0.1413
Property 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 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
Location
State CA
County Los Angeles
Area Listing
Zoning LAR1
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Other, Inside
Exterior
Exterior Feature Backyard, Garden, Back Yard
Pool None
View Y/N false
View None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Street Light(s)
Story 1
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Level or Stories One Story
New Construction No
Schools
School District Los Angeles Unified
Others
Tax ID 2120030030
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© 2024 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.
Listed by David Prieto • Sync Brokerage, Inc.