
Reseda, California 91335
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well above the $672,107 Fair Market Value by -4%. While the property requires a full interior renovation given its Condition Rating of 5, the 6,043 sq. ft. lot and detached 2-car garage provide significant ADU potential for forced appreciation. Featuring a newer roof and covered backyard patio, this asset is a prime candidate for Fix-and-Flip Investors or Contractors seeking a value-add project in the Los Angeles Unified district.
Fixer-upper for sale in Reseda, CA. 2-bed, 1-bath home with ADU potential, detached garage, and large lot. Ideal investment project for contractors and flippers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6502 Balcom Ave Subject | $699,000* List Price | 2 | 1 | 1,094 | $614 | - |
A 17740 Vanowen Street Sold | $600,000 | 3 | 1 | 1,020 | $588 | 0.3 mi |
B 18413 Delano Sold | $840,000 | 3 | 1 | 1,051 | $799 | 0.9 mi |
C 6944 Lindley Sold | $680,000 | 3 | 2 | 1,475 | $461 | 0.7 mi |
D 7232 Zelzah Sold | $775,000 | 3 | 2 | 1,490 | $520 | 1.0 mi |
E 7039 Hesperia Active | $799,000 List Price | 3 | 2 | 1,353 | $591 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and explicitly marketed as a 'fixer' requiring a 'fresh vision' and 'tools.' While the roof is newer, the 74-year age and 'as-is' status indicate the property needs a full interior rehab of the kitchen and bath, as well as likely updates to aging electrical and plumbing systems.
The 6,043 sq. ft. lot and detached 2-car garage offer significant potential for an Accessory Dwelling Unit (ADU) conversion, providing a clear path to increased property value or rental income.
The roof was replaced just a few years ago, removing one of the most expensive capital improvements from a renovator's immediate budget and to-do list.
The property features a covered backyard patio and mature citrus trees, offering a solid foundation for an attractive outdoor entertainment space in a desirable climate.
Sold in 'as-is' condition as a fixer-upper, the home requires substantial investment and vision, which may limit financing options for traditional buyers.
The current 2-bedroom, 1-bathroom configuration is modest for the price point, likely necessitating a layout reconfiguration or addition to meet modern market expectations.
Opportunity awaits at 6502 Balcom Ave! This 2-bedroom, 1-bath fixer offers 1,094 sq. ft. of living space on a 6,043 sq. ft. lot with a detached 2-car garage. Ready for renovation and a fresh vision, this home is ideal for a buyer looking to customize or an investor searching for their next project. The roof was replaced a few years ago. Additional features include a den, front porch, and a covered backyard patio. The backyard also features mature orange and tangerine trees. The detached garage provides added flexibility and potential for future use. Buyer to independently investigate and verify ADU potential, zoning, permitting requirements, and allowable uses with the appropriate authorities. Property is being sold in its present as-is condition. Bring your tools, your vision, and your imagination and make it your own!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,094 | 1,454.579 |
| Lot Size | 6,043 | 6,711.877 |
| Price | $699.0K | $825.4K |
| Price per sq ft | $639 | $560 |
| Built year | 1950 | 1952 |
| HOA | $0 | $0 |
| Days on market | 14 | 54 |
Aug 26, 2026
$699,000
Initial Listing
Jan 26, 2001
$197,000
Public Record
Jul 31, 1996
$135,454
Public Record