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ActiveSingleFamilyResidence

7024 Balcom

Reseda, CA, 91335

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$754,457

Original list price: $775,577

MLS: SR26153165

Beds

2

Baths

2

Sq Ft

1,141

Lot

0.15 ac

Year Built

1949

MLS #

SR26153165

Days on Market

64

Listed

Jul 13, 2026

Description

It's ready to show! First time on market in almost twenty years! Great location on a tree-lined street, close to schools, shopping, restaurants. Up and coming Reseda location, this home was upgraded by the current owner about five years ago. Original floors refinished! Laminate flooring installed! Hall bathroom upgraded! Bathroom added to second bedroom! Dual paned energy efficient windows installed throughout! Tankless water heater installed! Copper plumbing installed! Electrical service upgraded to 200 Amp panel with digital meter! New front door! Ductless climate unit in living room! Kitchen completely upgraded with modern cabinets, stone counters, tile backsplash, stainless stove, dishwasher and fridge! It had a really spiffy paint job, too, but after 5 years as a rental, that needs a refresh and we figured you'd want to do that, yourself, but the rest of it looks really excellent! We have a large master bedroom in back, with a den front room with a closet. Inside Laundry room off kitchen. Second bedroom has newer added bathroom. Floorplan looks pretty flexible for remodeling or addition of ADU or jADU, especially as it has a pretty decent lot size. Buyer is to verify all permits for property to satisfy themselves that it meets their needs. Square footage is as per recent appraisal, Assessor's office reports it as 1032. Buyer to cooperate with seller's 1031 Exchange at no cost to buyer. Best deal in Reseda, don't miss out on this one or you'll be kicking yourself!

Location

Reseda, Los Angeles County, CA 91335

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Listed by: Daryt Frank · Coldwell Banker Exclusive

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$6,070

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $75,446 · Loan: $679,011

%

Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,701
Property tax (1.25%)
$786
Homeowners insurance
$300
Mortgage insurance
$283
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 8, 2026

30-year fixed
7.40%
15-year fixed
6.73%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Reseda home with as little as 3.5% down using an FHA loan — roughly $26,406 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Reseda, CA 91335 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.