18149 Welby Way, Reseda, California 91335, Reseda, 91335 - 8 bed, 5 bath

18149 Welby Way, Reseda, California 91335 home-pic-0

18149 Welby Way

Reseda, California 91335

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
8Beds
5Baths
3,100Sq Ft
6,100Lot Size

Property Price

LIST PRICE$1,329,000
EST. MARKET VALUE
$1,423,080
6% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$1,423,080 +$94,080 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Reseda.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
18149 Welby Way
Subject
$1,329,000*
List Price
853,100$459-
A
7315 Jamieson Avenue
Sold
$1,350,000742,560$5270.8 mi
B
7435 7437 Balcom Avenue
Sold
$1,013,000642,007$5051.0 mi
C
6930 Balcom
Active
$1,495,000
List Price
763,208$4660.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1951, the property has undergone an extensive recent renovation and includes two newly constructed ADUs. The interiors feature modern kitchens with stainless steel appliances and quartz countertops, updated bathrooms with contemporary tiling and fixtures, and consistent high-quality flooring throughout. Major systems like solar and tankless water heaters are new, meeting current quality standards with no visible deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Income Potential

    With four separate modern living spaces including two newer ADUs, this property offers a massive gross income potential exceeding $10,000 per month, making it a premier choice for investors.

  • Modern Sustainable Upgrades

    The property features high-value improvements including paid solar panels, tankless water heaters, and contemporary kitchens, significantly reducing utility overhead while attracting premium tenants.

  • Privacy and Security

    Thoughtfully designed for multi-unit living, the lot includes an automatic security gate and separate access points for each unit to ensure privacy and safety for all occupants.

CONSRISKS & DEFICIENCIES

  • High Density on Limited Lot

    Housing four separate units and eight bedrooms on a 6,100 square foot lot results in high density and limited private outdoor space for individual tenants.

  • Variable School Ratings

    While conveniently located near several schools, many of the immediate neighborhood elementary and middle schools have lower performance ratings, which may impact appeal for some families.

About 18149 Welby Way

BIG PRICE REDUCTION! This exceptional multi-unit income property is beautifully upgraded. Offering four separate MODERN living spaces, perfect for investors or multi-generational living. The main home features 3 spacious bedrooms and 2 baths, currently leased for $3,500/month to reliable tenants. A detached 1-bedroom unit offers the flexibility to lease for $1,750+ or use as an in-law suite, home office, or guest quarters. Additionally, there are two newer 2-bedroom ADUs, each with modern finishes and strong rental potential of $2,800/month. All units have been tastefully updated and thoughtfully designed for privacy and comfort, featuring contemporary kitchens, stylish baths, and private entrances. PAID SOLAR, tankless water, Water storage tanks, separate access points for each unit, automatic security gate, and more! The property also offers ample parking and low-maintenance landscaping. Located on a quiet residential street close to schools, shopping, restaurants, and major freeways, this is a prime investment opportunity generating strong monthly income with upside potential. MASSIVE INCOME POTENTIAL! Live in one and rent the others, or enjoy immediate cash flow from all four units. Don't miss this rare opportunity to own a versatile property in one of the Valley's most desirable neighborhoods.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1951
Lot Size
6,100 Sq. Ft.

Interior

Total Bedrooms
8
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Reseda Unified Schools

Newcastle Elementary School

Grades K-5 • 0.4 mi

6/10

Bertrand Avenue Elementary School

Grades K-5 • 0.4 mi

3/10

Lemay Street Elementary School

Grades K-5 • 0.8 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds8.03.0
97%
Baths5.02.0
95%
Square foot3,1001,507
96%
Lot Size6,1006,488
31%
Price$1.33M$850.0K
95%
Price per sq ft$429$563
15%
Built year19511951
50%
HOA$0$0
50%
Days on market52182
7%

Pricing History

Listed for Sale

Jan 13, 2026

$1,329,000

Initial Listing

Sold

May 30, 2023

$1,175,000

Public Record

Sold

Apr 19, 2002

$105,000

Public Record

Sold

Apr 2, 2001

$207,000

Public Record

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