18621 Saticoy Street

Reseda, CA 91335

  • 58 Bed(s)
  • 0 Bath(s)
  • 22,154 Sqft
  • 25815
    Sqft(Lot)
$7,750,000

Description

We are pleased to present a rare opportunity to acquire 18621 saticoy st, a well-maintained 26-unit apartment building, available for the first time since its construction in 1990. ideally positioned between reseda boulevard andwilbur avenue, this property is situated in the highly sought-after reseda rental market a prime location with strong tenant demand.spanning a 25,807-square-foot lot with 22,150 square feet of gross building area, the property features a highly desirable unit mix of two (2) one-bedroom, one-bathroom units, sixteen (16) two-bedroom, two-bathroom units, and eight (8)three-bedroom, two-bathroom units, offering significant rental income potential.the average unit size is 852 square feet. residents enjoy access to premium amenities, including a swimming pool, an on-site laundry facility, six guest parking spaces, and 48 gated tuck-under parking spots.built in 1990, the property is not subject to los angeles city rent control and instead falls under ab 1482, allowing annual rent increases of 5% plus cpi. current rents are approximately 22% below market, presenting a compelling value-add opportunity for investors. reseda's strong employment base and consistent demand for quality rental housing further enhance the investment appeal.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49052551

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Property Details

  • Bedroom Information

    • Total Bedrooms : 58

    Bathroom Information

    • Total Baths: 50
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1990
    • Building Area Total: 22,154

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.5926
    • Lot Size Dimensions: 100x299
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 25815

  • Listing Price Information

    • Original List Price: 7,750,000
    • Listing Contract Date: 2025-03-21

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2103026205

  • Garage and Parking

    • Garage Description: Underground,Private

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: RES - Reseda
    • Directions: Reseda Blvd and Saticoy
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: RES - Reseda

    Building and Construction

    • Property Age: 35
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 22154
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 04/16/2025 @ 14:06

  • MLS: 25514793
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 58 bedrooms which is for sale, it has 22,154 sqft, 25,815 sized lot, and 0 parking. are nearby neighborhoods.