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23320 Bassett Street, West Hills, California 91307, West Hills, 91307 - 5 bed, 4 bath

23320 Bassett Street, West Hills, California 91307 home-pic-0
ACTIVE$1,774,000
23320 Bassett Street, West Hills, California 91307
5Beds
4Baths
2,512Sqft
7,669Lot

Price Vs. Estimate

The estimated value ($1,622,468.05) is $151,531.95 (8%) lower than the list price ($1,774,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating ADU: The property includes a fully furnished, two-story ADU (775 sq ft) with 2 beds/2 baths, generating $4,704/month in rental income, offering significant financial flexibility and return on investment.
Top Cons:
Original Construction Year: Built in 1959, while described as 'fully updated,' potential buyers may have concerns about the age of underlying infrastructure not explicitly detailed as renovated.

Compared to the nearby listings

Price:$1.77M vs avg $1.05M (+$724,000)86%
Size:2,512 sqft vs avg 1,772.5 sqft74%
Price/sqft:$706 vs avg $59482%

More Insights

Built in 1959 (66 years old).
Condition: Despite being built in 1959, this property has undergone a comprehensive and high-quality renovation, as explicitly stated in the description ('fully updated property') and clearly showcased in the images. Both the main house and the newly constructed ADU feature modern, high-end finishes. The main kitchen boasts white shaker cabinets, quartz countertops, stainless steel appliances, and contemporary wood-look tile flooring. The main bathroom is luxurious with black marble-look tile, gold fixtures, and a large walk-in shower. The ADU also presents a modern kitchen with stainless steel appliances and updated finishes. All visible components appear new or virtually new, indicating an extensive renovation within the last 5 years, meeting current quality standards with no deferred maintenance.
Year Built
1959
Close
-
List price
$1.77M
Original List price
$1.8M
Price/Sqft
$706
HOA
-
Days on market
-
Sold On
-
MLS number
25596099
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Hills, Mountain(s), Trees/Woods
Pool
Patio
ViewPark/Greenbelt, Hills, Mountain(s), Trees/Woods

About this home

Price reduced to sell! Experience the perfect combination of contemporary design, versatility, and rental income with this fully updated property in the highly desirable, family-friendly West Hills neighborhood. Known for its top-rated schools, quiet streets, and welcoming community, West Hills offers an ideal setting for both investors and homeowners. This unique property located on a coveted cul-de-sac features a spacious 1,737 sq. ft. main house with a large yard and pool, and a furnished two-story ADU spanning 775 sq ft, complete with two bedrooms, two bathrooms, a balcony, and a laundry room. The ADU currently rents for $4,704/month and will be available in October. In the main house, enjoy California indoor-outdoor living with an open floor plan, a designer kitchen, and sliding glass doors that lead to a generous backyard with a pool and grassy area. Endless possibilities await: 1) Live in the main house and generate income from the ADU. 2) Rent both the main house ($6,000/month) and the ADU ($4,700/month) for maximum return. 3) Use the entire property to accommodate extended family or friends. Don't miss this rare opportunity to own a versatile West Hills home that perfectly balances lifestyle, comfort, and income potential.

Condition Rating
Excellent
Despite being built in 1959, this property has undergone a comprehensive and high-quality renovation, as explicitly stated in the description ('fully updated property') and clearly showcased in the images. Both the main house and the newly constructed ADU feature modern, high-end finishes. The main kitchen boasts white shaker cabinets, quartz countertops, stainless steel appliances, and contemporary wood-look tile flooring. The main bathroom is luxurious with black marble-look tile, gold fixtures, and a large walk-in shower. The ADU also presents a modern kitchen with stainless steel appliances and updated finishes. All visible components appear new or virtually new, indicating an extensive renovation within the last 5 years, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Income-Generating ADU: The property includes a fully furnished, two-story ADU (775 sq ft) with 2 beds/2 baths, generating $4,704/month in rental income, offering significant financial flexibility and return on investment.
Desirable West Hills Location: Located in a highly sought-after, family-friendly West Hills cul-de-sac, known for top-rated schools, quiet streets, and a welcoming community.
Modern & Updated Design: The main house is fully updated with a contemporary open floor plan, a designer kitchen, and sliding glass doors promoting California indoor-outdoor living.
Excellent Outdoor Amenities: Features a generous backyard with a pool and grassy area, ideal for recreation, entertaining, and enjoying the California lifestyle.
Versatile Use Potential: Offers multiple living and income strategies: live in the main house and rent the ADU, rent both units for maximum return, or use for extended family accommodation.

Cons

Original Construction Year: Built in 1959, while described as 'fully updated,' potential buyers may have concerns about the age of underlying infrastructure not explicitly detailed as renovated.
ADU Occupancy Transition: The ADU's current occupancy and stated availability in October could mean a delay in realizing immediate rental income for a new owner, depending on the closing timeline.
Recent Price Reduction: The recent price reduction, while beneficial for buyers, might suggest the property was initially overpriced or has faced challenges attracting offers, potentially impacting perceived market value.

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