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7445 Balcom Ave

Reseda, CA 91335
  • $1,999,999
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 25537743
Price Reduced
UPDATED: 80 min ago
$1,999,999
  • 10
    BEDS
  • 0.28
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,300
    SQFT
  • $465
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1944
County:
Area:

School Ratings & Info

Description

Whether you're completing a 1031 Exchange, building a multigenerational compound, or expanding your home-based care or day care business, this versatile property checks every box. It's also a strong candidate for Section 8 tenants, offering stable, government-backed rental income .Prime Investment Property with 3 units and Expansion Potential! Unlock endless possibilities with this beautifully updated single-story residence featuring 4 bedrooms and 2 bathrooms on a generous 12,100+ SQFT lot. In addition to the main home, the property includes two brand-new 3-bedroom, 2-bathroom ADUs, offering excellent rental income potential. There are also approved plans for a Junior ADU conversion in the garage, ideal for future value-added investors. All units have premium Frigidaire appliances, quartz countertops, custom cabinetry, and stylish new flooring. The expansive driveway comfortably fits 7+ vehicles, with ample street parking. . Each unit is separately metered for electricity, and gas, adding convenience for owners and tenants. The primary residence has been tastefully upgraded, while the ADUs were constructed in 2025 with modern standards and quality craftsmanship. Buyers are strongly encouraged to verify all information independently, including square footage, permits, zoning, and intended use, with appropriate professionals.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-18T13:44:52.467. 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. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/163804140
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7445 Balcom Ave Reseda, CA 91335

  • Price: $1,999,999
  • Status: Active
  • On Site: 34 Days
  • Updated: 80 min ago
  • MLS #: 25537743
10
Beds
6
Baths
0
½ Baths
0.28
Acres
4,300
SQFT
$465
$/SQFT
1944
Built
Neighborhood:
Reseda
County:
Los Angeles
Area:
Reseda
Property Description
Whether you're completing a 1031 Exchange, building a multigenerational compound, or expanding your home-based care or day care business, this versatile property checks every box. It's also a strong candidate for Section 8 tenants, offering stable, government-backed rental income .Prime Investment Property with 3 units and Expansion Potential! Unlock endless possibilities with this beautifully updated single-story residence featuring 4 bedrooms and 2 bathrooms on a generous 12,100+ SQFT lot. In addition to the main home, the property includes two brand-new 3-bedroom, 2-bathroom ADUs, offering excellent rental income potential. There are also approved plans for a Junior ADU conversion in the garage, ideal for future value-added investors. All units have premium Frigidaire appliances, quartz countertops, custom cabinetry, and stylish new flooring. The expansive driveway comfortably fits 7+ vehicles, with ample street parking. . Each unit is separately metered for electricity, and gas, adding convenience for owners and tenants. The primary residence has been tastefully upgraded, while the ADUs were constructed in 2025 with modern standards and quality craftsmanship. Buyers are strongly encouraged to verify all information independently, including square footage, permits, zoning, and intended use, with appropriate professionals.
Exterior Features

Levels One Lot Description Fenced Lot Size Area 12162 Other Structures Accessory BldgsGuestHouseOther Parking Garage DrivewayDoor OpenerAssigned Pool Description None Pool YN No Roof Asbestos Shingle Spa None Spa YN No Style Craftsman Total Parking 7

Interior Features

Bedroom Features All Bedrooms DownMain Floor Primary BedroomGround Floor PrimaryPrimary Bedroom Cooking Appliances MicrowaveRangeBuilt-Ins Cooling Air ConditioningMulti/ZoneWall/Window Den No Dining Room No Equipment Garbage DisposalDishwasherMicrowaveBuilt-InsWasherRefrigeratorRange/OvenDryer Family Room No Fireplace Rooms Family Room Flooring Laminate Heating CentralHeat Pump Kitchen Features Counter TopIslandQuartz CountersRemodeled Laundry In Unit Rooms Primary BedroomDining AreaLiving Room

Property Features

Assessed Total Value 666907 Disclosures None Gardener Expense 1440.00 Gross Income 150000 Gross Operating Income 150000 Insurance Expense 4000.00 Like Units1 1 Like Units2 1 Like Units3 1 Maintenance Expense 3000.00 Net Operating Income 116960.00 Number Of Buildings 3 Number Of Units 3 Owner Pays Gardener Property Condition Additions/AlterNew ConstructionUpdated/Remodeled Sale Type Standard Security Features GatedSmoke DetectorFire and Smoke Detection SystemExterior Security Lights Source Living Area Builder Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 33040 Type Of Units ADUS Year Built Source Vendor Enhanced Zoning LAR1

Listing provided courtesy of Elham Khani DRE#01989596 of Coldwell Banker Realty: 310-820-6651.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-18T13:44:52.467. 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. Properties may or may not be listed by the office/agent presenting the information.
 
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