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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. Don’t miss your chance to own this incredible dual-living opportunity in one of Reseda’s most sought-after neighborhoods.
Last Updated | 1/23/2025 | Year Built | 1946 |
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Community | Reseda | County | Los Angeles |
SCHOOLS
School District | Los Angeles Unified |
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Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Washer |
AREA | Reseda |
CONSTRUCTION | Stucco |
FIREPLACE | Yes |
GARAGE | Driveway, Gated, Tandem, Uncovered |
HEAT | Central |
HOA DUES | 0 |
INTERIOR | All Bedrooms Down |
LOT | 6156 sq ft |
LOT DESCRIPTION | Front Yard, Rectangular Lot |
PARKING | Driveway,Gated,Tandem,Uncovered |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
STYLE | Patio Home, Traditional |
UTILITIES | Cable Available,Electricity Available,Natural Gas Available,Sewer Connected,Water Available, Electric: Standard |
VIEW DESCRIPTION | None |
WATER | Public |
ZONING | LAR1 |
Location
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