23837 Welby, West Hills, California 91307, West Hills, 91307 - 4 bed, 3 bath
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West Hills, California 91307
This Cosmetic Fixer with Multi-Generational Potential is a High-Potential Investment Opportunity listed at $1,025,000—positioned below the $1,033,213 Fair Market Value by 1%. This valuation gap offers $8,213 in Instant Equity before accounting for forced appreciation through interior updates. Boasting a Condition Rating of 4, the home features high-value assets including Solar Panels, an EV Charging Station, and an Attached Guest Suite. Located in the Los Angeles Unified district near Westfield Topanga, this asset is a strategic acquisition for Value-Add Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23837 Welby Subject | $1,025,000* List Price | 4 | 3 | 2,053 | $503 | - |
A 6543 Neddy Sold | $870,000 | 4 | 2 | 1,852 | $470 | 0.5 mi |
B 24118 Highlander Drive Sold | $850,000 | 4 | 3 | 2,194 | $387 | 0.3 mi |
C 6612 Gross Avenue Sold | $950,000 | 4 | 2 | 1,570 | $605 | 0.4 mi |
D 6736 Vickiview Sold | $1,225,000 | 4 | 2 | 2,126 | $576 | 0.9 mi |
E 6644 Platt Sold | $850,000 | 3 | 2 | 1,570 | $541 | 0.2 mi |
F 24131 Kittridge Active | $1,275,000 List Price | 5 | 3 | 2,100 | $607 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is accurately described as a 'cosmetic fixer.' While it boasts high-value functional upgrades such as a newer cool roof, solar panels, double-paned windows, and an EV charging station, the interior finishes are significantly dated. The kitchen features older tile countertops and aged white appliances, while the bathrooms retain vintage 4x4 tiling and dated vanities. The listing explicitly mentions the need for new paint and flooring throughout, placing it firmly in the fair category as it is functional and maintained but requires aesthetic modernization.
The property features an attached guest suite with a private entrance and a separate detached studio/office, offering exceptional flexibility for multi-generational living or remote work.
Equipped with solar panels, a newer 'cool roof,' double-paned windows, and an EV charging station, the home provides significant long-term utility savings and sustainability.
As a cosmetic fixer in a highly desirable West Hills neighborhood, this home presents a prime opportunity for buyers to build immediate equity through simple aesthetic upgrades.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The home is explicitly marketed as needing paint and flooring, which may deter buyers looking for a move-in-ready residence or those without immediate renovation capital.
Built in 1959, the property may have underlying original systems that require inspection and potential modernization beyond the visible cosmetic needs.
Bring your paintbrush and some flooring! Just waiting for your magic touch to make it stunning! Great deal on this 4-bedroom, 3-bathroom home in the highly desirable West Hills neighborhood, offering incredible potential for both homeowners and investors. This cosmetic fixer features a versatile layout ready for your personal touches. The open floorplan from the kitchen features a fireplace in the family/dining room area and the kitchen features an island. The owner has already built an attached guest quarters/Mother-in-Law Suite with its own private bathroom, double closets, a/c, and separate entrance. The wide paved driveway accommodates extra two car parking. There is a bonus rear carport with sliding gated access from the alley that also adds to the potential for extra parking or use it for covered entertainment and barbecues in the spacious backyard. This great home features a car charging station, double paned windows, and a newer cool roof with solar panels for an efficient and energy saving home. For those who enjoy working at home, a separate building in the back offers an ideal flexible space for a private office with built ins, or use as a studio, or for additional storage. Located close to schools, and just minutes from Fallbrook Shopping Center and Westfield Topanga & The Village, for enjoying easy access to popular restaurants, shopping, and entertainment. Whether you are an investor or buyer looking to create your dream home, this is an opportunity you won't want to miss! Seller will include a one year home warranty insurance policy for reassurance. Some photos are digitally staged.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 50% |
| Square foot | 2,053 | 1,900 | 56% |
| Lot Size | 6,949 | 8,289 | 12% |
| Price | $1.02M | $1.07M | 44% |
| Price per sq ft | $499 | $553 | 26% |
| Built year | 1959 | 1961 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 167 | 3% |
Mar 26, 2026
$1,025,000
Initial Listing
Apr 18, 1995
$172,500
Public Record