$799,000

Attention buyers seeking opportunities to add value! This duplex is an excellent starter home or investment opportunity. Located in the heart of Reseda near public transportation and Reseda Park.   The zoning is R-2, plus with its large yard and garage at the back of the property there is room for expansion or ADU(s). Owner users may qualify for a $5k “Welcome Home” grant, available from Chase and BMO financial. Inquire for more information.  The front unit is an adorable, updated 2 bed+ 1 bath with central HVAC; it's presently leased for 1,850 per month.  The back unit, will be delivered vacant, is a big 1 bed + 1 bath unit that needs TLC. Each dwelling has a large living area bedroom and big bathroom with separate tub and shower.  Adjacent to the galley kitchens are laundry areas with washer/ dryer hook-ups. Each is separately metered for electricity and gas. There are dual pane windows and two water heaters, one is tankless. Electric panels have been upgraded, too.  The long driveway and sizable detached two car garage allow for ample off-street parking. Buyer to cooperate with seller’s 1031 tax deferred exchange at no expense to buyer. Enjoy the perks of living in the central San Fernando Valley. Be close to supermarkets, recreation at Lake Balboa, and education at Pierce College or CSUN.  Sweet, sour, salty or savory there is a nearby restaurant to match your taste!