• 18325 Saticoy Street Reseda, CA 91335

  • $17,795,000
  • 112
    Bed(s)
  • 0
    Baths
  • 53,440
    Sq Ft
  • 60791
    Sqft
  • Listed By: John Swartz, Compass, DRE #01873487
  • Source: CRMLS

The Windmere Court Apartments situated at 18325 Saticoy St, Reseda, CA 91335. The building features 52 well-appointed spacious units: 44 (2+2), 6 (3+2), and 2 (3+3). The amenities available for residents include a swimming pool, jacuzzi, basketball court, community BBQ, and laundry facility. Secured on-site parking is provided with 38 tandem and 39 single spaces allowing for 2 parking spaces per unit.Windmere Court is a rare value-add opportunity with tremendous rental upside located in Reseda, an affluent neighborhood in the San Fernando Valley. Constructed in 1989, the building qualifies for annual rent increases of 5% + the Consumer Price Index (CPI).The property's location provides residents with access to a dynamic urban experience. It is surrounded by renowned dining venues, upscale boutiques, notable parks, and significant cultural landmarks. Moreover, Westfield Topanga and the Northridge Fashion Center are within close proximity. The area is rich in green spaces, offering tenants ample opportunities for outdoor recreation. Nearby attractions such as Reseda Park Lake, Cal State Northridge Botanic Garden, Lake Balboa, Los Encinos State Historic Park, and the esteemed Japanese Garden can be reached within a short 10-minute drive.Residents have easy access to major transportation hubs and freeways: Reseda Station, is 2.1 miles away, facilitates smooth public transportation. Furthermore, residents benefit from the effortless access to pivotal freeways - the 405, 101, and 27, ensuring swift and seamless commutes to Los Angeles's primary employment and entertainment hubs.The building is in close proximity to schools such as Cal State Northridge, Pierce College, Valley College, and Mount St Mary's College.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 112

Bathroom Information

Total Baths: 106

Full Baths: 0

Half Baths: 0

Heating Source

Central

Has Heating

Building Information

Year Built: 1989

Building Area Total: 53,440

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 1.3956

Lot Size Dimensions: 88x290

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 60791

Listing Price Information

Original List Price: 17,795,000

Listing Contract Date: 2023-11-07

Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 2119001222

Garage and Parking

Garage Description: Assigned,Controlled Entrance

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Pending

Source Neighborhood: RES - Reseda

Postal Code Plus 4: 2965

Directions: Between Reseda Blvd and Etiwanda Ave.

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: 53440

Levels or Stories: Multi/Split

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7924 Tampa Avenue, Reseda, CA,91335 $1,400,000 5 4 2,489 21826 Sqft
Newcastle Avenue, Reseda, CA,91335 $625,000 -- -- -- 8100 Sqft
19106 Cantara Street, Reseda, CA,91335 $1,670,000 3 4 1,958 24275 Sqft
18424 Keswick Street #1, Reseda, CA,91335 $699,000 3 3 1,579 62741 Sqft
7641 Reseda Boulevard #.., Reseda, CA,91335 $395,000 2 1 779 183165 Sqft
6416 Belmar Avenue, Reseda, CA,91335 $1,199,000 6 -- 2,710 6165 Sqft
7127 Yolanda Avenue, Reseda, CA,91335 $1,195,000 2 1 3,641 8068 Sqft
18027 Valerio Street, Reseda, CA,91335 $1,099,000 5 2 2,156 5353 Sqft
6910 Newcastle Avenue, Reseda, CA,91335 $1,199,000 5 3 2,119 6861 Sqft
18848 Valerio Street, Reseda, CA,91335 $1,197,000 4 3 2,352 5284 Sqft

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ByOwner last updated this listing 05/26/2024 @ 19:29

MLS: 23329665
LISTED BY: John Swartz, Compass
SOURCE: CRMLS
Buyer Agency Compensation: 1%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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