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

18149 Welby Way, Reseda, California 91335 home-pic-0
ACTIVE$1,379,000
18149 Welby Way, Reseda, California 91335
8Beds
5Baths
3,100Sqft
6,100Lot
Year Built
1951
Close
-
List price
$1.38M
Original List price
$1.35M
Price/Sqft
$445
HOA
-
Days on market
-
Sold On
-
MLS number
25615955
Home ConditionExcellent
Features
Patio
View-

About this home

Great Deal:The estimated price is 6% above the list price. We found 3 Cons,5 Pros. Rank: price - $1.38M(97th), sqft - 3100(98th), beds - 8(98th), baths - 5(95th).

Welcome to 18149 Welby Way an exceptional multi-unit income property in the heart of Reseda! This beautifully upgraded compound offers four separate 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. 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. Total potential monthly income: $12,000+! 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.

Nearby schools

6/10
Newcastle Elementary School
Public,•K-5•0.4mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•0.4mi
5/10
Lemay Street Elementary School
Public,•K-5•0.8mi
5/10
Garden Grove Elementary School
Public,•K-5•0.8mi
6/10
Lemay Street Elementary School
Public,•K-5•0.8mi
5/10
Reseda Elementary School
Public,•K-5•0.8mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.1mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.1mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.3mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.6mi
2/10
Blythe Street Elementary School
Public,•K-5•1.6mi
5/10
Cantara Street Elementary School
Public,•K-5•1.8mi
6/10
Lorne Street Elementary School
Public,•K-5•1.9mi
3/10
Melvin Avenue Elementary School
Public,•K-5•2.1mi
4/10
Stanley Mosk Elementary School
Public,•K-5•2.3mi
4/10
Stanley Mosk Elementary School
Public,•K-5•2.4mi
3/10
Napa Street Elementary School
Public,•K-5•2.5mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•3.0mi
3/10
William Mulholland Middle School
Public,•6-8•1.3mi
5/10
William Mulholland Middle School
Public,•6-8•1.4mi
6/10
Gaspar De Portola Middle School
Public,•6-8•1.9mi
3/10
Northridge Middle School
Public,•6-8•2.2mi
3/10
John A. Sutter Middle School
Public,•6-8•2.5mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.5mi
4/10
Reseda Senior High School
Public,•9-12•0.2mi
7/10
Northridge Academy High
Public,•9-12•3.6mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.8mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.9mi

Price History

Date
Event
Price
11/07/25
Price Change
$1,379,000
11/06/25
Listing
$1,350,000
05/30/23
Sold
$1,175,000
04/19/02
Sold
$105,000
04/02/01
Sold
$207,000
Condition Rating
Excellent
Despite the original build year of 1951, the property has undergone extensive and recent renovations across all four units. The images clearly showcase contemporary kitchens with shaker cabinets, quartz countertops, and stainless steel appliances, as well as stylish bathrooms with modern vanities, tiled showers, and updated fixtures. All flooring appears to be new tile, and recessed lighting is prevalent. The description explicitly states 'tastefully updated' and 'modern finishes' for all units, including 'newer 2-bedroom ADUs,' indicating a renovation within the last 5 years, aligning with the 'Excellent' criteria.
Pros & Cons

Pros

High Income Potential: The property offers an exceptional potential monthly income of $12,000+ from four distinct living spaces, providing significant cash flow for investors.
Versatile Multi-Unit Configuration: Comprising a main home, a detached 1-bedroom unit, and two newer 2-bedroom ADUs, this compound is ideal for diversified rental income or multi-generational living.
Modern & Updated Interiors: All units have been tastefully updated with contemporary kitchens and stylish baths, ensuring high tenant appeal and minimizing immediate renovation costs.
Proven Rental Demand: The main home is currently leased to reliable tenants, indicating existing market demand and a stable, immediate income stream.
Strategic Location: Located on a quiet residential street with convenient access to schools, shopping, restaurants, and major freeways, enhancing its desirability and long-term value.

Cons

Age of Original Structure: The main home was built in 1951, suggesting potential for older underlying infrastructure (e.g., plumbing, electrical) that may require future maintenance or upgrades despite cosmetic updates.
Mixed School Ratings: While close to schools, several nearby elementary and middle schools have lower public ratings (e.g., 2-4), which could be a consideration for family-focused buyers.
Increased Management Overhead: Managing four separate rental units inherently involves greater landlord responsibilities, including tenant screening, lease administration, and maintenance coordination, compared to a single-family property.

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