19119 Lemay Street, Reseda, California 91335, Reseda, 91335 - 2 bed, 1 bath

19119 Lemay Street, Reseda, California 91335 home-pic-0
ACTIVE$755,000
19119 Lemay Street, Reseda, California 91335
2Beds
1Bath
1,016Sqft
6,131Lot
Year Built
1951
Close
-
List price
$755K
Original List price
$800K
Price/Sqft
$743
HOA
-
Days on market
-
Sold On
-
MLS number
SR25102485
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 28% below the list price. We found 3 Cons,5 Pros. Rank: price - $755.0K(22th), sqft - 1016(11th), beds - 2(13th), baths - 1(22th).

Big Holiday Price Reduction! Seller Motivated – Don’t Miss This Opportunity! Welcome to 19119 Lemay Street—a property full of potential in the heart of Reseda. Legally a 3-bedroom, 1-bathroom home, it’s currently configured as a 2-bedroom to offer a more open layout, with the option to easily restore the third bedroom if desired. Set on a generous 6,129 sq. ft. lot, this 1,019 sq. ft. home offers a solid foundation for those looking to personalize or renovate. The kitchen has been recently updated with quartz countertops, modern cabinetry, a central island, and stainless-steel appliances—giving you a great starting point for further improvements. While the home does require additional work and updates throughout, it provides a fantastic opportunity for buyers seeking value, vision, and the ability to make a home their own. The backyard features mature fruit trees and ample space for gardening, relaxing, or even adding an ADU (Accessory Dwelling Unit) for rental income, guests, or extended family. Located in a well-established neighborhood near parks, schools, shopping, and dining, this property offers flexibility and long-term upside for the right buyer. Bring your contractor or your creativity—and come see the potential for yourself.

Nearby schools

5/10
Shirley Avenue Elementary School
Public,K-50.6mi
3/10
Vanalden Avenue Elementary School
Public,K-50.6mi
5/10
Reseda Elementary School
Public,K-51.0mi
4/10
Stanley Mosk Elementary School
Public,K-51.3mi
4/10
Stanley Mosk Elementary School
Public,K-51.3mi
6/10
Newcastle Elementary School
Public,K-51.4mi
3/10
Melvin Avenue Elementary School
Public,K-51.4mi
3/10
Bertrand Avenue Elementary School
Public,K-51.5mi
5/10
Garden Grove Elementary School
Public,K-51.5mi
2/10
Blythe Street Elementary School
Public,K-51.7mi
5/10
Lemay Street Elementary School
Public,K-52.0mi
6/10
Lemay Street Elementary School
Public,K-52.0mi
3/10
Anatola Avenue Elementary School
Public,K-52.2mi
3/10
Anatola Avenue Elementary School
Public,K-52.2mi
3/10
Winnetka Avenue Elementary School
Public,K-52.2mi
5/10
Cantara Street Elementary School
Public,K-52.4mi
3/10
Napa Street Elementary School
Public,K-52.4mi
6/10
Lorne Street Elementary School
Public,K-52.7mi
3/10
John A. Sutter Middle School
Public,6-81.5mi
6/10
Gaspar De Portola Middle School
Public,6-81.7mi
5/10
Woodland Hills Charter Academy
Public,6-82.4mi
3/10
William Mulholland Middle School
Public,6-82.5mi
5/10
William Mulholland Middle School
Public,6-82.6mi
3/10
Northridge Middle School
Public,6-82.7mi
4/10
Reseda Senior High School
Public,9-121.1mi
7/10
Northridge Academy High
Public,9-124.0mi
5/10
Valley Academy Of Arts And Sciences
Public,9-125.4mi
5/10
Valley Academy Of Arts And Sciences
Public,9-125.4mi
Condition Rating
Fair

The property, built in 1951, features a recently updated kitchen with modern cabinetry, quartz countertops, and stainless steel appliances, which is a significant positive. However, the listing explicitly states that the 'home does require additional work and updates throughout' and the AI analysis notes 'aging infrastructure.' While the kitchen is a strong point, the overall condition suggests other areas and major systems are likely outdated and require attention, preventing it from being classified as 'Good' (which implies move-in ready with no immediate renovation required). It's not 'Poor' as it has a solid foundation and a functional, updated kitchen, making it livable but in need of further renovation beyond just minor cosmetic updates.
Pros & Cons

Pros

Updated Kitchen: The kitchen has been recently updated with quartz countertops, modern cabinetry, a central island, and stainless-steel appliances, providing a modern foundation.
ADU Potential & Large Lot: A generous 6,129 sq. ft. lot offers ample backyard space for gardening, relaxation, or adding an Accessory Dwelling Unit (ADU) for potential rental income or extended family.
Flexible Floor Plan: Legally a 3-bedroom home, it's currently configured as 2 bedrooms with an easy option to restore the third, providing layout flexibility for various buyer needs.
Motivated Seller & Price Reduction: The listing highlights a 'Big Holiday Price Reduction' and a 'Seller Motivated' status, indicating a potential opportunity for a favorable purchase.
Established Neighborhood: Located in a well-established neighborhood with convenient access to parks, schools, shopping, and dining, contributing to long-term appeal and value.

Cons

Significant Renovation Needed: The property explicitly states it 'requires additional work and updates throughout,' suggesting a need for substantial investment and effort for modernization.
High List Price vs. Estimated Value: The current list price of $755,000 is 28% above the estimated property value of $541,911.08, potentially indicating an overvaluation in the market.
Aging Infrastructure: Built in 1951, the home is over 70 years old, which may imply potential for aging major systems (e.g., plumbing, electrical, HVAC) and unforeseen repair costs.

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