#SR24253137, Kristina Akopyan, Listing Office: Beverly Global Realty
$10,000
closing credit¹
7435 Balcom Ave Reseda, CA 91335
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
Summary
- MLS Number: SR25015269
- MLS Name: CRMLS
- Office Name: Sync Brokerage, Inc.
- Office Phone: (818) 422-3831
- Listing Agent: David Prieto
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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$1,090,000
7435 Balcom Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 22, 2018 | Home Sold | $460,000 |
Tax history
Year | Assessment | Property 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.
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.
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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.