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Key Details
Sold Price $1,013,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,007 sqft
Price per Sqft $504
MLS Listing ID SR25168516
Sold Date 09/05/25
Style Traditional
Bedrooms 6
Full Baths 4
Year Built 1946
Property Sub-Type Detached
Property Type Detached
Property Description
Welcome to 74357437 Balcom Ave, a rare and fully upgraded dual-home opportunity in the heart of Reseda. Perfect for investors, first-time buyers, or house hackers, this versatile property offers two separate residences on one lotboth delivered vacant and ready for immediate occupancy or lease-up. The main home features 3 spacious bedrooms and 2 bathrooms across approximately 1,107 sq ft, while the detached ADU offers an additional 3 bedrooms and 2 bathrooms with approximately 900 sq ft of living space. Each unit has its own private entrance, modern upgrades, and a turnkey layout designed for comfortable living and strong rental appeal. With the high cost of ADU construction already handled, this property delivers exceptional value and immediate rental income potentialprojected at approximately $3,500/month for the main house and $3,350/month for the ADU. Thats over $6,800/month in possible gross rental income. Whether you're seeking supplemental income, building a real estate portfolio, or taking advantage of DSCR loan financing, this property is an outstanding investment in one of the San Fernando Valleys most in-demand rental markets. Located just minutes from local shopping, dining, public transportation, CSUN, and major freeways, 74357437 Balcom Ave offers the perfect blend of location, cash flow, and long-term upside.
Location
State CA
County Los Angeles
Zoning LAR1
Direction Valerio St & Balcom Ave.
Interior
Interior Features Recessed Lighting
Heating Forced Air Unit
Cooling Central Forced Air
Flooring Laminate, Tile
Fireplaces Type FP in Living Room, Decorative
Fireplace No
Appliance Dryer, Washer, Gas Oven
Laundry Washer Hookup
Exterior
Fence Good Condition, Wrought Iron, Wood
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available, Sewer Connected, Water Connected
View Y/N Yes
Water Access Desc Public
Roof Type Shingle
Accessibility None
Porch Enclosed
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 2120030030
Special Listing Condition Standard
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Bought with Claudia Cook Jason Mitchell Real Estate CA
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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