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7435 Balcom Avenue, Reseda, California 91335, Reseda, 91335 - 6 bed, 4 bath

7435 Balcom Avenue, Reseda, California 91335 home-pic-0
ACTIVE$1,055,000
7435 Balcom Avenue, Reseda, California 91335
6Beds
4Baths
2,007Sqft
6,156Lot
Year Built
1946
Close
-
List price
$1.05M
Original List price
$1.09M
Price/Sqft
$526
HOA
-
Days on market
-
Sold On
-
MLS number
SR25015269
Home ConditionGood
Features
Good View: None
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.05M(75th), sqft - 2007(76th), beds - 6(94th), baths - 4(90th).

Incredible investment opportunity in the heart of Reseda! This fully upgraded and now VACANT dual-home property features a 3-bedroom, 2-bath front home (approx. 1,107 sq ft) and a detached 3-bedroom, 2-bath ADU (approx. 900 sq ft), both offering private entrances and turnkey interiors. With the high cost of building an ADU already taken on by the seller, this property presents exceptional value and rental income potential without the construction timeline or expense. Ideal for savvy investors, DSCR loan users, or owner-occupants seeking supplemental income, this layout supports immediate dual occupancy or dual lease-up, with projected gross rents of approximately main house $3,500– ADU $3,350/month. The home’s configuration, combined with its modern upgrades, flexible use, and prime location near shopping, dining, schools, and transit, makes it a top-tier income-producing asset in a high-demand rental market. Whether you're starting your real estate portfolio, scaling it, or looking to house-hack your way to homeownership, 7435–7437 Balcom Ave offers the ideal combination of cash flow, location, and long-term value. DSCR loan-friendly—ask for projected income figures and financing options.

Nearby schools

3/10
Anatola Avenue Elementary School
Public,•K-5•0.4mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.4mi
5/10
Garden Grove Elementary School
Public,•K-5•0.4mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•0.6mi
6/10
Lorne Street Elementary School
Public,•K-5•0.9mi
6/10
Lemay Street Elementary School
Public,•K-5•0.9mi
5/10
Cantara Street Elementary School
Public,•K-5•0.9mi
5/10
Lemay Street Elementary School
Public,•K-5•1.0mi
5/10
Reseda Elementary School
Public,•K-5•1.0mi
6/10
Newcastle Elementary School
Public,•K-5•1.2mi
2/10
Blythe Street Elementary School
Public,•K-5•1.3mi
3/10
Napa Street Elementary School
Public,•K-5•2.1mi
5/10
Shirley Avenue Elementary School
Public,•K-5•2.1mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•2.2mi
3/10
Melvin Avenue Elementary School
Public,•K-5•2.3mi
4/10
Stanley Mosk Elementary School
Public,•K-5•2.7mi
4/10
Stanley Mosk Elementary School
Public,•K-5•2.7mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•3.0mi
3/10
William Mulholland Middle School
Public,•6-8•1.2mi
3/10
Northridge Middle School
Public,•6-8•1.3mi
5/10
William Mulholland Middle School
Public,•6-8•1.4mi
3/10
John A. Sutter Middle School
Public,•6-8•2.9mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.9mi
5/10
Woodland Hills Charter Academy
Public,•6-8•4.4mi
4/10
Reseda Senior High School
Public,•9-12•1.2mi
7/10
Northridge Academy High
Public,•9-12•2.7mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.9mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.9mi
Condition Rating
Good
The property, built in 1946, has been fully upgraded, including both the main house and the ADU. The kitchens feature modern appliances and finishes. The bathrooms also appear to be updated with contemporary fixtures and tiling. The flooring throughout the house looks new. While the original build year is older, the extensive upgrades suggest a condition that is move-in ready with no immediate renovation required.
Pros & Cons

Pros

Dual Income Potential: The property features a main house and a detached ADU, providing immediate dual occupancy or lease-up opportunities for increased rental income.
Fully Upgraded: Both the main house and the ADU have been fully upgraded, offering turnkey interiors and modern amenities.
ADU Already Built: The presence of a detached ADU eliminates the time, expense, and hassle of building one, adding significant value.
DSCR Loan Friendly: The property is suitable for DSCR loans, making it easier for investors to finance based on projected rental income.
Prime Location: Located in a desirable area of Reseda, close to shopping, dining, schools, and public transportation.

Cons

Year Built: Built in 1946, the original structure may have outdated systems or require more maintenance compared to newer constructions.
Lot Size: The lot size of 6,156 sq ft, while adequate, might be smaller than some buyers prefer, potentially limiting outdoor space or future expansion.
Original List Price Reduction: The property has experienced a price reduction from its original list price, which could indicate market resistance or perceived issues.

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