19332 Welby Way, Reseda, California 91335, Reseda, 91335 - 2 bed, 1 bath
ACTIVE$480,000
19332 Welby Way, Reseda, California 91335
2Beds
1Bath
828Sqft
6,018Lot
Year Built
1951
Close
-
List price
$480K
Original List price
$480K
Price/Sqft
$580
HOA
-
Days on market
-
Sold On
-
MLS number
DW25229886
Home ConditionTear down
Features
View-
About this home
Possibly Over-Priced:The estimated price is 30% below the list price. We found 3 Cons,5 Pros. Rank: price - $480.0K(1th), sqft - 828(2th), beds - 2(13th), baths - 1(22th).
Calling all CASH investors only. Property is sold “As Is”, “Where Is” with no warranties. Buyer to do their own investigation about present condition, and possible demolition status, Buyer to resolve any any Building & Safety Condemnation or substandard issues, Liens, or any possible Legal matters against property.
Nearby schools
5/10
Shirley Avenue Elementary School
Public,•K-5•0.4mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•0.8mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.1mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.1mi
5/10
Reseda Elementary School
Public,•K-5•1.1mi
3/10
Melvin Avenue Elementary School
Public,•K-5•1.3mi
2/10
Blythe Street Elementary School
Public,•K-5•1.7mi
6/10
Newcastle Elementary School
Public,•K-5•1.7mi
5/10
Garden Grove Elementary School
Public,•K-5•1.7mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.8mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•2.0mi
5/10
Lemay Street Elementary School
Public,•K-5•2.3mi
6/10
Lemay Street Elementary School
Public,•K-5•2.3mi
3/10
Napa Street Elementary School
Public,•K-5•2.4mi
3/10
Anatola Avenue Elementary School
Public,•K-5•2.4mi
3/10
Anatola Avenue Elementary School
Public,•K-5•2.4mi
5/10
Cantara Street Elementary School
Public,•K-5•2.5mi
6/10
Lorne Street Elementary School
Public,•K-5•2.9mi
3/10
John A. Sutter Middle School
Public,•6-8•1.2mi
6/10
Gaspar De Portola Middle School
Public,•6-8•1.9mi
5/10
Woodland Hills Charter Academy
Public,•6-8•2.3mi
3/10
William Mulholland Middle School
Public,•6-8•2.8mi
3/10
Northridge Middle School
Public,•6-8•2.8mi
5/10
William Mulholland Middle School
Public,•6-8•2.9mi
4/10
Reseda Senior High School
Public,•9-12•1.4mi
7/10
Northridge Academy High
Public,•9-12•4.0mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.5mi
Price History
Date
Event
Price
10/01/25
Listing
$480,000
Condition Rating
Tear down
The property, built in 1951, is explicitly marketed to 'CASH investors only' and sold 'As Is, Where Is' with no warranties. The description mentions 'possible demolition status' and 'Building & Safety Condemnation or substandard issues,' indicating severe structural and safety defects. Images show a severely neglected exterior with boarded-up windows, caution tape, peeling stucco, a dilapidated roof, and a yard filled with debris. The overall condition suggests the structure is beyond repair and its value lies solely in the land, aligning with the 'tear-down' criteria. The kitchen and bathroom conditions are not visible but are presumed to be in an equally, if not worse, state of disrepair given the overall property condition and explicit warnings.
Pros & Cons
Pros
Investor/Redevelopment Potential: Explicitly marketed to cash investors, indicating a clear opportunity for significant value addition through extensive renovation or complete redevelopment for the right buyer.
Generous Lot Size: A 6,018 sqft lot provides ample space for potential expansion of the existing structure or a complete rebuild, enhancing future value and flexibility.
Established Reseda Location: Situated in Reseda, a well-known San Fernando Valley community, offering access to local amenities, services, and a generally stable residential market.
Access to Schools: Proximity to several public schools, including some with competitive ratings, could be a draw for families once the property is improved.
Single-Family Home Type: The property is a detached single-family residence, which typically offers greater privacy and long-term appreciation potential compared to other housing types.
Cons
Severe Structural & Legal Liabilities: The property is explicitly noted for 'possible demolition status,' 'Building & Safety Condemnation or substandard issues, Liens, or any possible Legal matters,' indicating profound structural, safety, and legal challenges requiring substantial investment and risk.
Restricted Buyer Pool (Cash Only): The requirement for 'CASH investors only' drastically limits potential buyers, making the property difficult to finance and sell, and likely leading to a lower sale price.
As-Is, Where-Is Sale with No Warranties: Sold strictly 'As Is, Where Is' with no warranties, placing all responsibility and financial burden for investigation, repairs, and resolution of existing issues squarely on the buyer.