
Los Angeles, California 91307
This Income-Producing Single-Family Residence is a Strong Value Opportunity, listed at $1,085,000—positioned slightly above the $1,074,420 Fair Market Value. While priced at market, the property features a Condition Rating of 3 with modern updates like granite countertops and subway tile. The standout asset is the 480 sqft detached ADU, providing immediate rental income potential. Located in the desirable Los Angeles Unified district, this home balances lifestyle comfort with financial utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23753 Welby Subject | $1,085,000* List Price | 5 | 3 | 2,053 | $523 | - |
A 23837 Welby Sold | $980,000 | 4 | 3 | 2,053 | $477 | 0.1 mi |
B 23337 Vanowen Sold | $918,000 | 4 | 3 | 1,759 | $522 | 0.5 mi |
C 23741 Archwood St Sold | $950,000 | 3 | 2 | 1,764 | $539 | 0.1 mi |
D 24224 Welby Sold | $1,250,000 | 4 | 3 | 2,053 | $609 | 0.5 mi |
E 23042 Gilmore Street Sold | $980,000 | 4 | 3 | 1,857 | $528 | 0.9 mi |
F 23807 Hartland Street Sold | $1,045,000 | 3 | 2 | 1,570 | $666 | 0.1 mi |
G 24118 Archwood Sold | $935,550 | 3 | 2 | 1,570 | $596 | 0.4 mi |
H 6574 Franrivers Avenue Sold | $975,000 | 3 | 2 | 1,714 | $569 | 0.6 mi |
I 24022 Vanowen Street Active | $1,199,000 List Price | 5 | 3 | 2,136 | $561 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1959, the property shows clear evidence of being well-maintained with mid-range renovations. The kitchen features granite countertops, recessed lighting, and updated cabinetry (approx. 15 years old), while the bathroom has been more recently updated with modern subway tile. The presence of newer laminate flooring throughout and a functional, tenant-occupied ADU indicates the home is move-in ready and functional.
The property includes a detached 480 sqft ADU that is currently tenant-occupied, providing immediate rental income and a significant advantage for mortgage offset or investment portfolios.
Situated in a highly sought-after neighborhood near West Hills Hospital and major commuter routes, the home offers excellent proximity to premium shopping, dining, and outdoor recreation.
The main residence features a bright and accessible single-story floor plan with a spacious family room and fireplace, catering to a wide range of buyers from families to retirees.
Built in 1959, the property may require updates to its original systems or cosmetic refreshments to meet modern standards, potentially necessitating additional capital investment.
With two separate dwellings on a 6,889 sqft lot, the outdoor space may feel crowded, potentially limiting the sense of privacy between the primary residents and the ADU tenant.
Welcome to this charming single-story home in the highly desirable West Hills neighborhood. The main residence features a bright and inviting living room, a spacious family room with a cozy fireplace, three bedrooms, and two bathrooms. Step outside to the beautiful backyard offering plenty of space for entertaining, relaxing, or creating your own outdoor retreat. Adding exceptional value is the detached ADU of approximately 480 square feet, which is currently tenant-occupied, providing immediate rental income and an outstanding investment opportunity. Whether you're looking to offset your mortgage or expand your investment portfolio, this income-producing ADU is a valuable asset. Conveniently located near West Hills Hospital, Malibu Wines, parks, shopping, dining, and major commuter routes, this property offers a wonderful combination of comfort, convenience, and income potential in one of West Hills' most sought-after neighborhoods. Buyer to verify all square footage, permits, rental information, and all property details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,053 | 1,672 |
| Lot Size | 6,889 | 6,067 |
| Price | $1.08M | $1.37M |
| Price per sq ft | $528 | $801 |
| Built year | 1959 | 1939 |
| HOA | $0 | $348 |
| Days on market | 2 | 56 |
Jul 21, 2026
$1,085,000
Initial Listing
Feb 20, 2020
$701,000
Public Record