UPDATED:
11/18/2024 07:56 PM
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 $523
MLS Listing ID SR24199707
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
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 incomea 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. 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
Laundry Inside
Exterior
Total Parking Spaces 4
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Construction Status Turnkey
Others
Monthly Total Fees $29
Acceptable Financing Cash, Conventional, FHA, Cash To New Loan
Listing Terms Cash, Conventional, FHA, Cash To New Loan
Special Listing Condition Standard