7435 Balcom Ave, Reseda, CA 91335
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7435 Balcom Ave Reseda, CA 91335

$1,075,000
  • 6 Beds
  • 4 Baths
  • 2,007 Sq.Ft.
For Sale
$1,075,000 Get Pre-Qualified

Map preview of 7435 Balcom Ave, Reseda, CA 91335

Property Overview: 7435 Balcom Ave Reseda, CA has 6 bedrooms, 4 bathrooms, 2,007 living square feet and 6,156 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 own this incredible dual-living opportunity in one of Reseda’s most sought-after neighborhoods.

Listed by David Prieto | BRE #01881417 | Sync Brokerage, Inc.
Last checked: 1 minute ago | Last updated: September 27th, 2024 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
6,156
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
SR24199707
City
Reseda
County
Los Angeles
Time on Site
2 days

Open Houses for 7435 Balcom Ave

No upcoming open houses

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Property Details for 7435 Balcom Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • All Bedrooms Down, Living Room
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Paved, Driveway Level, Private, RV Access/Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Garden, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 2120030030
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised, Slab
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Balcom Ave & Valerio st.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 7435 Balcom Ave

Last sold for $460,000 on January 22nd, 2018
  • September, 2024

  • Sep 26, 2024

    Date

    Active

    CRMLS: SR24199707

    $1,075,000

    Price

  • October, 2022

  • Oct 31, 2022

    Date

    Canceled

    CRMLS: SR22192737

    $999,999

    Price

  • Sep 1, 2022

    Date

    Active

    CRMLS: SR22192737

    $999,999

    Price

  • Listing provided courtesy of CRMLS

    DON'T MISS THIS OPPORTUNITY TO OWN TWO TURNKEY PROPERTIES IN A PRIME LOCATION! AMAZING PROPERTY IS GREAT FOR RENTAL INCOME. This charming home with incredible curb appeal is now available in a quiet pocket of Reseda! The main house was updated in 2018 and has been well maintained. The ADU was newly constructed in 2018 and still feels like a newly built home. Both units are spacious, with three bedrooms and two bathrooms. This property is an excellent investment for anyone looking to acquire a cash-flowing asset. This property won't last long, so take advantage of this opportunity before it's gone.

  • September, 2022

  • Sep 1, 2022

    Date

    Expired

    CRMLS: SR22119513

    $999,999

    Price

  • Jun 3, 2022

    Date

    Active

    CRMLS: SR22119513

    $999,999

    Price

  • Listing provided courtesy of CRMLS

    DON'T MISS THIS OPPORTUNITY TO OWN TWO TURNKEY PROPERTIES IN A PRIME LOCATION! AMAZING PROPERTY IS GREAT FOR RENTAL INCOME. This charming home with incredible curb appeal is now available in a quiet pocket of Reseda! The main house was updated in 2018 and has been well maintained. The ADU was newly constructed in 2018 and still feels like a newly built home. Both units are spacious, with three bedrooms and two bathrooms. This property is an excellent investment for anyone looking to acquire a cash-flowing asset. This property won't last long, so take advantage of this opportunity before it's gone.

  • January, 2018

  • Jan 23, 2018

    Date

    Sold

    CRMLS: SR17224852

    $460,000

    Price

  • Jan 17, 2018

    Date

    Pending

    CRMLS: SR17224852

    $489,000

    Price

  • Nov 11, 2017

    Date

    Active Under Contract

    CRMLS: SR17224852

    $489,000

    Price

  • Oct 6, 2017

    Date

    Active

    CRMLS: SR17224852

    $489,000

    Price

  • Oct 6, 2017

    Date

    Pending

    CRMLS: SR17224852

    $489,000

    Price

  • Sep 29, 2017

    Date

    Active

    CRMLS: SR17224852

    $489,000

    Price

  • Listing provided courtesy of CRMLS

    Charming home with great curb appeal is now available in a great and quiet pocket of Reseda! This lovely home has new interior paint, a fairly new HVAC system, an updated electrical panel, and pipes throughout the house were changed to copper plumbing. Additional features include: a welcoming brick fireplace, an open floor plan, oak wood floors throughout- even under the existing carpet, and a large lot that offers lots of privacy. You will also find that this amazing home has a unique lot with an additional area behind the detached garage that has unlimited opportunities and can be utilized for a vegetable garden or additional storage, to name a few. If you are looking to be centrally located in the San Fernando Valley and be close to shops, restaurants, schools, Cal State Northridge, and much more- this is your chance! Come and take a tour of this limited opportunity with your family and friends before it's too late!

  • January, 2018

  • Jan 22, 2018

    Date

    Sold (Public Records)

    Public Records

    $460,000

    Price

Show More

Tax History for 7435 Balcom Ave

Assessed Value (2020): $639,397
Year Land Value Improved Value Assessed Value
2020 $382,867 $256,530 $639,397

Home Value Compared to the Market

This property vs the competition

7435 Balcom Ave is listed 36.25% higher than the median list price for the city of Reseda which has a median list price of $789,000. The median price per/sqft for Reseda is $503 and this home is listed at $535.63 per/sqft which puts the price per square foot 6.49% higher than the median price per square foot for the city of Reseda.

About 7435 Balcom Ave

Detailed summary of property

7435 Balcom Ave is a single family home located in Reseda, CA 91335 and is currently for sale. This house offers 6 bedrooms, 4 bathrooms, roughly 2,007 living square feet, and sits on an approximately 6,156 square foot lot. 7435 Balcom Ave was first listed on ArdentRealEstateGroup.com on September 26, 2024. The homeowner is currently asking $1,075,000. The median priced home in Reseda is $789,000 with a median price per square foot of $503. Based on Ardent Real Estate Group's Reseda Market Data, this home is listed 36.25% higher than the median priced home. Local competing homes currently for sale include 11044 Ophir Dr #Penthouse B, 530 S Barrington Ave #102 and 11627 Chenault St #5. While the average home in Reseda, CA is selling in 79 days, 7435 Balcom Ave has a days on market of 2 days. There are currently 110 homes for sale in the Reseda real estate market and 77 of them are single family homes while 13 of them are condos and 20 are townhomes. For more information on this home for sale at 7435 Balcom Ave Reseda, CA 91335 contact Ardent Real Estate Group and we will put you in touch with one of our Reseda agents.

Public Facts for 7435 Balcom Ave

Public county record property details
Beds
6
Baths
4
Year built
--
Sq. Ft.
2,007
Lot Size
6,154
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
2120-030-030

The source for these homes facts are from public records.

91335 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$839,900
Median List Price/Sq.Ft.
$508
Median Sold Price
$787,000
Median Sold Price/Sq.Ft.
$548
Total Inventory
126
Median Sale to List Price %
106.35%
Avg Days on Market
21
Loan Type
Conventional (41.03%), FHA (15.38%), VA (0%), Cash (12.82%), Other (12.82%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.