$1,750,000

7445 Balcom Ave Reseda, CA 91335

Estimated payment $10,372/month

Total Views 26
10 Beds
6 Baths
4,300 Sq Ft
$407 Price per Sq Ft

Highlights

  • Guest House
  • Craftsman Architecture
  • Quartz Countertops
  • Newly Remodeled
  • Family Room with Fireplace
  • Built-In Features

About This Home

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.

Listing Agent

Elham Khani

Coldwell Banker Realty License #01989596 Listed on: 07/31/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,486

Year Built

  • Built in 1944 | Newly Remodeled

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 90x135
  • Gated Home

Home Design

  • Craftsman Architecture
  • Additions or Alterations
  • Asbestos Shingle Roof

Interior Spaces

  • 4,300 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 7 Car Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Additional Homes

  • Guest House

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2120-030-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,486

Year Built

Built in 1944 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Ideal for a 1031 Exchange, multigenerational living, or home-based care, this updated property offers flexibility and strong income potential. The main home features 4 beds, 2 baths, and sits on a 12,100+ SQFT lot. Two brand-new (2025) 3-bed, 2-bath ADUs add excellent rental income. Each unit includes quartz counters, Frigidaire appliances, custom cabinetry, and new flooring. A spacious driveway fits 7+ cars, and all units are separately metered for gas and electricity. There's also potential to convert the garage into a JADU.
  • Living Area: 4300
  • Lot Acreage: 0.2792
  • Lot Dimensions: 90x135
  • Property Condition: Additions/Alter, New Construction, Updated/Remodeled
  • Stories: 1
  • Year Built: 1944
  • Number Of Photos: 62
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 0
  • Number Dishwasher: 3
  • Number Disposal: 3
  • Number Drapes: 0
  • Number Range: 3
  • Number Refrigerator: 1
  • Fireplace Rooms: Family Room
  • Flooring: Laminate
  • Appliances: Microwave, Range, Built-Ins
  • Bedrooms: 10
  • Bedroom Features: All Bedrooms Down, Main Floor Primary Bedroom, Ground Floor Primary, Primary Bedroom
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Counter Top, Island, Quartz Counters, Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Garbage Disposal, Dishwasher, Microwave, Built-Ins, Washer, Refrigerator, Range/Oven, Dryer
  • Price Per S Q F T: 406.98

Exterior Features

  • Other Structures: Accessory Bldgs, GuestHouse, Other
  • Number Patio: 0
  • Pool: No
  • Roof: Asbestos Shingle
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 6
  • Number Rented Garages: 0
  • Parking Garage: Driveway, Door Opener, Assigned
  • Total Parking: 7

Utilities

  • Cooling: Air Conditioning, Multi/Zone, Wall/Window
  • Heating: Central, Heat Pump
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 0
  • Security: Gated, Smoke Detector, Fire and Smoke Detection System, Exterior Security Lights

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 133380
  • Assessed Land Percent: 80
  • Assessed Land Value: 533527
  • Total Assessed Value: 666907
  • Assessor Parcel Number: 2120-030-027
  • Lot Description: Fenced
  • Lot Size Area: 12162

Rental Info

  • Number Leased: 0
  • Owner Pays: Gardener

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.66
  • Number Of Units: 3
  • Number Wall A C: 1
  • Total Annual Expense: 33040
  • Type Of Units: ADUS
  • Vacancy Rate: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,486 $1,114,634 $544,197 $570,437
2024 $8,486 $666,907 $533,527 $133,380
2023 $8,327 $653,831 $523,066 $130,765
2022 $7,950 $641,011 $512,810 $128,201
2021 $7,851 $628,443 $502,755 $125,688
2019 $7,709 $617,100 $493,680 $123,420
2018 $7,573 $605,000 $484,000 $121,000
2016 $1,605 $115,940 $50,134 $65,806
2015 $1,584 $114,199 $49,381 $64,818
2014 $1,600 $111,963 $48,414 $63,549
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $1,750,000 +181.4% $407 / Sq Ft
10/23/2019 10/23/19 Sold $622,000 -4.3% $346 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $649,999 +7.4% $362 / Sq Ft
09/04/2017 09/04/17 Sold $605,000 +2.2% $337 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $592,000 -- $330 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Accommodation/Courtesy Recordi
Interfamily Deed Transfer -- Pacific Coast Title Company
Grant Deed $622,000 Pacific Coast Title Company
Grant Deed $605,000 Fidelity Sherman Oaks
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $466,500 New Conventional
Previous Owner $605,000 VA
Previous Owner $170,000 Unknown
Previous Owner $148,000 Purchase Money Mortgage
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

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Source: The MLS

MLS Number: 25572473

The MLS

APN: 2120-030-027