7445 Balcom Ave Active Save Request In-Person Tour Request Virtual Tour
Reseda,CA 91335
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $406
MLS Listing ID 25572473
Style Craftsman
Bedrooms 10
Construction Status Additions/Alter, New Construction, Updated/Remodeled
Year Built 1944
Lot Size 0.279 Acres
Acres 0.2792
Property Sub-Type Multi-Family
Property Description
Prime Investment Opportunity with 3 Units & Expansion Potential! Whether you're executing a 1031 Exchange, developing a multigenerational estate, or growing a home-based care or daycare business, this versatile property fits the bill. It also presents an excellent opportunity for Section 8 housing, offering reliable, government-backed rental income. Situated on a spacious 12,100+ SQFT lot, the beautifully updated single-story main residence features 4 bedrooms and 2 bathrooms. In addition, two newly built (2025) 3-bedroom, 2-bathroom ADUs provide excellent income potential. There's also room to convert the existing garage into a Junior ADU (JADU) for even more value-added opportunity. Each unit boasts premium Frigidaire appliances, quartz countertops, custom cabinetry, and stylish new flooring. The expansive driveway accommodates 7+ vehicles, with ample street parking available. All units are separately metered for electricity and gas, offering convenience and efficiency for both owner and tenants. The main home has been tastefully upgraded, and the newly constructed ADUs reflect modern standards and quality craftsmanship. Buyers are advised to independently verify all details, including square footage, permits, zoning, and intended use, with the appropriate professionals.
Location
State CA
County Los Angeles
Area Reseda
Zoning LAR1
Rooms
Other Rooms Accessory Bldgs, GuestHouse, Other
Dining Room 0
Kitchen Counter Top, Island, Quartz Counters, Remodeled
Interior
Heating Central, Heat Pump
Cooling Air Conditioning, Multi/Zone, Wall/Window
Flooring Laminate
Fireplaces Type Family Room
Equipment Garbage Disposal, Dishwasher, Microwave, Built-Ins, Washer, Refrigerator, Range/Oven, Dryer
Laundry In Unit
Exterior
Parking Features Driveway, Door Opener, Assigned
Garage Spaces 7.0
Pool None
Roof Type Asbestos Shingle
Building
Lot Description Fenced
Story 1
Architectural Style Craftsman
Level or Stories One
Construction Status Additions/Alter, New Construction, Updated/Remodeled
Others
Special Listing Condition Standard