$10,000

closing credit¹

7435 Balcom Ave Reseda, CA 91335

$1,090,000
6 beds
4 full
2,007 sqft
0.1 acres
$543 / sqft
House

Property details

About 7435 Balcom Ave

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.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,007 sqft
Lot size0.1413 Acres
Year built1946
ParkingDriveway, Gated, Tandem, Uncovered
MLS #SR25015269
FireplaceLiving Room

Summary

  • MLS Number: SR25015269
  • MLS Name: CRMLS
  • Office Name: Sync Brokerage, Inc.
  • Office Phone: (818) 422-3831
  • Listing Agent: David Prieto

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a front yard

$1,090,000

7435 Balcom Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 22, 2018
Home Sold
$460,000

Tax history

YearAssessmentProperty Tax
2024$685,559$8,574
2023$672,117$8,411
2022$658,939$8,023
2021$646,020$7,920
2020$639,397$5,769
2019$469,200$2,158
2018$170,610$2,110
2017$167,265$2,110

History based on county public records data.

Nearby schools

4

Anatola Avenue Elementary School

Public District KG-5

0.4 mi

7364 Anatola Ave

6

Garden Grove Elementary

Public District KG-5

0.4 mi

18141 Valerio St

3

Bertrand Avenue Elementary School

Public District KG-5

0.6 mi

7021 Bertrand Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $55,385. The most common annual income of people living in Reseda, CA is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

35%
<35k
38%
35k-100k
26%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

32%
Single, No Kids
14%
Single, with Kids
25%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7435 Balcom Ave

This home is located at 7435 Balcom Ave in Reseda, CA and zip code 91335 in the Reseda neighborhood. This 2,007 square foot home, which was built in 1946, sits on a 0.14 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $1,090,000.

While more than 294 listings in Reseda, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. In January 2025 in Reseda, CA there were 20.1% more homes for sale than in December. The median list price of listings available in January 2025 was $1,035,435, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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