CA > Reseda
Reseda, CA 91335,18621 Saticoy St
Reseda, CA 91335,18621 Saticoy St
Reseda, CA 91335,18621 Saticoy St
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$7,750,000
Est. payment /mo
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58 Beds
50 Baths
22,154 SqFt
Active

18621 Saticoy St Reseda, CA 91335

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Nikki Bonifatto

Nikki Bonifatto

+1(702) 467-7343

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 22,154 sqft

Price per Sqft $349

MLS Listing ID 25514793

Bedrooms 58

Year Built 1990

Lot Size 0.593 Acres

Acres 0.5926

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area Reseda

Zoning LAR3

Rooms

Other Rooms Pool House

Interior

Heating Other

Cooling Air Conditioning

Equipment Other

Exterior

Parking Features Private, Private Garage, Subterranean

Garage Spaces 1.0

Building

Story 1

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by CBRE
agent
Nikki Bonifatto

Agent | RE. S.0175996

+1(702) 467-7343 | nbonifatto@gmail.com

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18621 Saticoy St