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

19119 Lemay Street, Reseda, California 91335 home-pic-0
ACTIVE$719,000
19119 Lemay Street, Reseda, California 91335
2Beds
1Bath
1,016Sqft
6,131Lot
Year Built
1951
Close
-
List price
$719K
Original List price
$755K
Price/Sqft
$708
HOA
-
Days on market
-
Sold On
-
MLS number
SR25153374
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $719.0K(15th), sqft - 1016(11th), beds - 2(13th), baths - 1(21th).

PRICE REDUCED — Investor Opportunity! Welcome to 19119 Lemay Street — a prime opportunity in the heart of Reseda, now offered at an investor-friendly price. This legally 3-bed, 1-bath home is currently configured as 2 bedrooms to allow for a more open layout — but the third bedroom can easily be restored. Set on a 6,129 sq ft lot, the 1,019 sq ft home has solid bones and a kitchen that’s already been tastefully updated with quartz countertops, a center island, stainless steel appliances, and sleek cabinetry — a great starting point for a renovation or flip. The rest of the home offers room for improvement, making it ideal for buyers looking to customize and add value. The spacious backyard features mature fruit trees and room to build an ADU, offering potential for extra income or multigenerational living. Located on a quiet residential street, close to schools, parks, and shopping — this home is full of potential. Bring your contractor and vision — this is a Reseda gem ready to shine. Possibly LEASE TO OWN OPTION OR POSSIBLE TO ASSUME 2.75% existing loan. Also available for lease.

Nearby schools

5/10
Shirley Avenue Elementary School
Public,•K-5•0.6mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•0.6mi
5/10
Reseda Elementary School
Public,•K-5•1.0mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.3mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.3mi
6/10
Newcastle Elementary School
Public,•K-5•1.4mi
3/10
Melvin Avenue Elementary School
Public,•K-5•1.4mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.5mi
5/10
Garden Grove Elementary School
Public,•K-5•1.5mi
2/10
Blythe Street Elementary School
Public,•K-5•1.7mi
5/10
Lemay Street Elementary School
Public,•K-5•2.0mi
6/10
Lemay Street Elementary School
Public,•K-5•2.0mi
3/10
Anatola Avenue Elementary School
Public,•K-5•2.2mi
3/10
Anatola Avenue Elementary School
Public,•K-5•2.2mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•2.2mi
5/10
Cantara Street Elementary School
Public,•K-5•2.4mi
3/10
Napa Street Elementary School
Public,•K-5•2.4mi
6/10
Lorne Street Elementary School
Public,•K-5•2.7mi
3/10
John A. Sutter Middle School
Public,•6-8•1.5mi
6/10
Gaspar De Portola Middle School
Public,•6-8•1.7mi
5/10
Woodland Hills Charter Academy
Public,•6-8•2.4mi
3/10
William Mulholland Middle School
Public,•6-8•2.5mi
5/10
William Mulholland Middle School
Public,•6-8•2.6mi
3/10
Northridge Middle School
Public,•6-8•2.7mi
4/10
Reseda Senior High School
Public,•9-12•1.1mi
7/10
Northridge Academy High
Public,•9-12•4.0mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.4mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.4mi

Price History

Date
Event
Price
08/01/25
$719,000
07/09/25
$755,000
Condition Rating
Fair
The property, built in 1951, has an updated kitchen with modern features like quartz countertops, stainless steel appliances, and sleek cabinetry, and the bathroom also appears updated. However, the listing explicitly states 'The rest of the home offers room for improvement,' indicating that other areas and systems likely require minor updates or repairs. This aligns with a 'Fair' condition, where the home is aged but maintained, with functional major components that may show signs of being outdated in areas not recently renovated.
Pros & Cons

Pros

Investment & Value-Add Potential: Explicitly marketed as an 'Investor Opportunity' with 'room for improvement,' allowing buyers to customize and add significant value.
Updated Kitchen: The kitchen has been tastefully updated with quartz countertops, a center island, stainless steel appliances, and sleek cabinetry, providing a modern focal point.
ADU Potential: The spacious backyard offers ample room to build an Accessory Dwelling Unit (ADU), presenting a strong opportunity for extra income or multigenerational living.
Flexible Financing & Lease Options: Unique offerings include a 'LEASE TO OWN OPTION' or the possibility to 'ASSUME 2.75% existing loan,' significantly broadening buyer appeal and accessibility.
Quiet Residential Location: Situated on a quiet residential street, the property benefits from proximity to schools, parks, and shopping, enhancing its desirability.

Cons

Requires Further Renovation: While the kitchen is updated, 'the rest of the home offers room for improvement,' indicating that significant additional investment and work are needed for full modernization.
Modified Bedroom Configuration: Legally a 3-bedroom home, it is 'currently configured as 2 bedrooms,' which may require effort and cost for buyers who need or prefer the original 3-bedroom layout.
Older Property Systems: Built in 1951, despite having 'solid bones,' the property likely has older systems (e.g., plumbing, electrical, HVAC) that may require updating to meet modern standards and efficiency.

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