18649 Willard Street, Reseda, California 91335, Reseda, 91335 - 7 bed, 5 bath
ACTIVE$1,450,000
18649 Willard Street, Reseda, California 91335
7Beds
5Baths
2,965Sqft
8,053Lot
Year Built
1956
Close
-
List price
$1.45M
Original List price
$1.5M
Price/Sqft
$489
HOA
-
Days on market
-
Sold On
-
MLS number
SR25117219
Home ConditionExcellent
Features
Patio
View-
About this home
Great Deal:The estimated price is 3% above the list price. We found 3 Cons,5 Pros. Rank: price - $1.45M(55th), sqft - 2965(45th), beds - 7(64th), baths - 5(73th).
This 3 dwelling on one lot features a 3 bedroom 2 bathroom main house 1,465 sqft rented at $3,600/m and a 3 bedroom 2 bathroom newly constructed 1,100 sqftt ADU rented at $3,600/m and another 1 Bedroom 1 Bathroom 400 sqft newly converted ADU rented at $1,900/m. Both ADU’s are newly built/converted with all new electrical, plumbing, roof, sewer, foundation and so on. Each property has their own gas and electric meters. Total monthly gross income is $9,100. A rare opportunity to own a new turnkey rental or move in and keep the other two rented. Located in a beautiful neighborhood of Reseda.
Nearby schools
2/10
Blythe Street Elementary School
Public,•K-5•0.3mi
3/10
Napa Street Elementary School
Public,•K-5•0.7mi
5/10
Cantara Street Elementary School
Public,•K-5•0.9mi
5/10
Reseda Elementary School
Public,•K-5•1.1mi
5/10
Garden Grove Elementary School
Public,•K-5•1.2mi
3/10
Melvin Avenue Elementary School
Public,•K-5•1.3mi
6/10
Lorne Street Elementary School
Public,•K-5•1.6mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.7mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•1.8mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.8mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.8mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.8mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.9mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.9mi
6/10
Newcastle Elementary School
Public,•K-5•2.2mi
6/10
Lemay Street Elementary School
Public,•K-5•2.3mi
5/10
Lemay Street Elementary School
Public,•K-5•2.3mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•2.5mi
3/10
Northridge Middle School
Public,•6-8•1.0mi
3/10
John A. Sutter Middle School
Public,•6-8•2.0mi
3/10
William Mulholland Middle School
Public,•6-8•2.6mi
5/10
William Mulholland Middle School
Public,•6-8•2.8mi
6/10
Gaspar De Portola Middle School
Public,•6-8•3.5mi
5/10
Woodland Hills Charter Academy
Public,•6-8•4.1mi
4/10
Reseda Senior High School
Public,•9-12•2.0mi
7/10
Northridge Academy High
Public,•9-12•2.1mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.6mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.6mi
Price History
Date
Event
Price
08/01/25
$1,450,000
05/27/25
$1,495,000
Condition Rating
Excellent
This property features two newly constructed/converted ADUs with all new electrical, plumbing, roof, sewer, and foundation, making them virtually new and meeting excellent quality standards. The main house, while built in 1956, has been extensively updated with modern kitchens (white shaker cabinets, stainless steel appliances, recessed lighting) and bathrooms (modern vanities, tiled showers), indicating a recent renovation. The overall condition, with a significant portion of the property being brand new and the main house being thoroughly updated, is excellent and move-in ready.
Pros & Cons
Pros
Exceptional Income Potential: The property generates a substantial gross monthly income of $9,100 from three distinct units, offering strong cash flow for investors.
Turnkey Multi-Unit Investment: Features a triplex setup with two newly constructed/converted ADUs, providing a ready-to-rent or owner-occupy opportunity with minimal immediate capital expenditure.
Modern ADU Infrastructure: The two ADUs boast new electrical, plumbing, roofing, sewer, and foundation, ensuring modern standards and reduced maintenance for these units.
Independent Utility Metering: Each dwelling has separate gas and electric meters, simplifying tenant billing and reducing landlord utility overhead.
Flexible Occupancy Options: Offers versatility for buyers, allowing for full rental income generation or owner-occupancy with supplementary rental income from the other units.
Cons
Age of Main Residence: The primary 1,465 sqft house was built in 1956, suggesting potential for older systems or components that may require future maintenance or upgrades compared to the newer ADUs.
Increased Management Demands: Operating a triplex property inherently involves more complex tenant management, lease administration, and maintenance coordination than a single-family home.
Varying Local School Performance: While some schools are well-rated, several nearby elementary schools exhibit lower performance ratings, which could be a consideration for prospective buyers with school-aged children.