
7445 Balcom Ave Reseda, CA 91335
Estimated payment $10,372/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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 |
Similar Homes in the area
Source: The MLS
MLS Number: 25572473

APN: 2120-030-027
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