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24224 Welby Way, West Hills, California 91307, West Hills, 91307 - 4 bed, 3 bath

24224 Welby Way, West Hills, California 91307 home-pic-0
ACTIVE$1,399,000$2,053/sqft
Est. Value: $807,371
-42%
AboveEstimate
24224 Welby Way, West Hills, California 91307
4Beds
3Baths
2,053Sqft
7,744Lot

Price Vs. Estimate

The estimated value ($807,370.73) is $591,629.27 (42%) lower than the list price ($1,399,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Upgrades & Energy Efficiency: The property features significant recent upgrades including new engineered hardwood floors, a custom kitchen with quartz countertops and brand-new stainless-steel appliances, newly installed highly efficient solar panels, LED recessed lighting, a tankless water heater, and newer energy-efficient windows and sliding doors, contributing to modern comfort and lower utility costs.
Top Cons:
Significant Valuation Discrepancy: The property's current listing price of $1,399,000 is substantially higher (42% above) the estimated property value of $807,370.73, which could deter potential buyers and indicates a potential overpricing issue relative to market data.

Compared to the nearby listings

Price:$1.40M vs avg $1.05M (+$349,000)81%
Size:2,053 sqft vs avg 1,845 sqft61%
Price/sqft:$681 vs avg $59183%

More Insights

Built in 1960 (66 years old).
Condition: This 1960-built property has undergone extensive and recent renovations, bringing it to an excellent condition. The custom kitchen features modern quartz countertops, custom cabinets, and brand-new stainless-steel appliances. The main bathrooms are beautifully remodeled with contemporary finishes. The property boasts new engineered hardwood floors, newly installed solar panels, LED recessed lighting, a tankless water heater, and newer energy-efficient windows and sliding doors. While the original build year is 1960, the comprehensive updates throughout the interior and major systems meet current quality standards with minimal physical depreciation, making it virtually new in key areas. The ADU also adds significant value and functionality.
Year Built
1960
Close
-
List price
$1.4M
Original List price
$1.35M
Price/Sqft
$681
HOA
-
Days on market
-
Sold On
-
MLS number
SR24172521
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood, Trees/Woods
Pool
Patio
ViewMountain(s), Neighborhood, Trees/Woods

About this home

Welcome to the heart of West Hills! This tranquil and safe neighborhood is adorned with tree-lined streets and offers beautiful views of nature, the neighborhood, and city lights. This spacious home features an open floor plan with over 2,000 sqft, including a large living room and family room with new engineered hardwood floors and a wet bar. The custom kitchen boasts quartz countertops, custom cabinets, and brand-new stainless-steel appliances, including a range oven, dishwasher, and refrigerator. Newly installed highly efficient solar panels, Energy-saving LED recessed ceiling lights, tankless water heater, and newer energy-efficient windows and sliding doors. The family room features a cozy gas/wood-burning fireplace and leads to four spacious bedrooms and three beautifully remodeled bathrooms, providing ample space for luxurious living. The open layout connects the living room, family room, and kitchen, creating an inviting atmosphere for relaxation and entertainment, complemented by an inside laundry room. The garage has been converted into an ADU, serving as a potential fourth bedroom with its own attached bath, or as a studio or guest unit with a separate entrance perfect for extended family or rental income. The expansive backyard offers a serene retreat amidst nature, and a private covered patio is ideal for barbecuing, entertaining, or children's play. There is a recreation room, in the backyard, which is ideal for a your private GYM, game room, study room, additional guest room, for meditation, children’s play room, changing room after swimming, and or just for relaxing etc. With plenty of street parking for guests, this home is conveniently located near grocery stores, shopping centers, fine dining, public transportation, Topanga Village (less than 10 minutes away), the 101 & 118 Freeways, and award-winning schools. Discover the perfect blend of comfort and convenience!

R
Rahuman Hamza
Listing Agent
Condition Rating
Excellent
This 1960-built property has undergone extensive and recent renovations, bringing it to an excellent condition. The custom kitchen features modern quartz countertops, custom cabinets, and brand-new stainless-steel appliances. The main bathrooms are beautifully remodeled with contemporary finishes. The property boasts new engineered hardwood floors, newly installed solar panels, LED recessed lighting, a tankless water heater, and newer energy-efficient windows and sliding doors. While the original build year is 1960, the comprehensive updates throughout the interior and major systems meet current quality standards with minimal physical depreciation, making it virtually new in key areas. The ADU also adds significant value and functionality.
Pros & Cons

Pros

Extensive Modern Upgrades & Energy Efficiency: The property features significant recent upgrades including new engineered hardwood floors, a custom kitchen with quartz countertops and brand-new stainless-steel appliances, newly installed highly efficient solar panels, LED recessed lighting, a tankless water heater, and newer energy-efficient windows and sliding doors, contributing to modern comfort and lower utility costs.
Versatile ADU & Bonus Spaces: The converted garage into an ADU with a separate entrance offers excellent flexibility for rental income, multi-generational living, or a dedicated guest suite. Additionally, a separate recreation room in the expansive backyard provides diverse utility as a gym, game room, study, or children's play area.
Desirable Neighborhood & Views: Located in a tranquil, safe, tree-lined West Hills neighborhood, the property offers beautiful views of nature, the neighborhood, and city lights, enhancing its appeal and living environment.
Spacious & Functional Layout: With over 2,000 sqft, the home boasts an open floor plan, large living and family rooms, four spacious bedrooms, and three beautifully remodeled bathrooms, designed for comfortable living and entertaining.
Prime Location & Accessibility: Conveniently situated near grocery stores, shopping centers, fine dining, public transportation, Topanga Village, major freeways (101 & 118), and award-winning schools, enhancing daily convenience and property appeal.

Cons

Significant Valuation Discrepancy: The property's current listing price of $1,399,000 is substantially higher (42% above) the estimated property value of $807,370.73, which could deter potential buyers and indicates a potential overpricing issue relative to market data.
Lack of Explicit Central Air Conditioning: Despite numerous energy-efficient upgrades, the description does not explicitly mention a central air conditioning system, which is a standard and often expected amenity in the West Hills climate and could be a significant drawback for buyers.
Potential for Older Core Infrastructure: While many elements are updated, the home's 1960 build year suggests that some core infrastructure (e.g., original plumbing, electrical beyond lighting) might still be older, potentially leading to unforeseen maintenance or upgrade costs for a buyer.
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