John Swartz
Compass
310-230-5478
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.
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Total Bedrooms : 112
Total Baths: 106
Full Baths: 0
Half Baths: 0
Central
Has Heating
Year Built: 1989
Building Area Total: 53,440
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 1.3956
Lot Size Dimensions: 88x290
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 60791
Original List Price: 17,795,000
Listing Contract Date: 2023-11-07
Listing Agreement: Seller Reserved
Parcel Number: 2119001222
Garage Description: Assigned,Controlled Entrance
Lease Term: Negotiable
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
Property Age: 35
Year Built Source: Vendor Enhanced
Total Square Feet Living: 53440
Levels or Stories: Multi/Split
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.