18149 Welby Way, Reseda, California 91335, Reseda, 91335 - 8 bed, 5 bath
Loading property details...
Reseda, California 91335
This Modern Four-Unit Residential Compound is a Strong Value Opportunity, listed at $1,329,000—positioned well below the $1,423,081 Fair Market Value by 6%. This valuation gap provides $94,081 in Instant Equity. Boasting a Modern Condition Rating, the property features a renovated main home and three detached units equipped with Paid Solar and Contemporary Kitchens, generating a massive $10,000+ monthly income potential. Located near Reseda Senior High, this turnkey asset balances high-yield stability with premium upgrades. It is an elite acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18149 Welby Way Subject | $1,329,000* List Price | 8 | 5 | 3,100 | $468 | - |
A 7315 Jamieson Avenue Sold | $1,350,000 | 7 | 4 | 2,560 | $527 | 0.8 mi |
B 6930 Balcom Active | $1,495,000 List Price | 7 | 6 | 3,208 | $466 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
The property features high-value improvements including paid solar panels, tankless water heaters, and contemporary kitchens, significantly reducing utility overhead while attracting premium tenants.
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.
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.
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.
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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 98% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 3,100 | 1,540 | 95% |
| Lot Size | 6,100 | 6,614 | 27% |
| Price | $1.33M | $850.0K | 94% |
| Price per sq ft | $429 | $552 | 14% |
| Built year | 1951 | 1952 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 99 | 176 | 25% |
Jan 13, 2026
$1,329,000
Initial Listing
May 30, 2023
$1,175,000
Public Record
Apr 19, 2002
$105,000
Public Record
Apr 2, 2001
$207,000
Public Record