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18547 Saticoy Street

Reseda, CA 91335
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Bed 13

Bed

Bath 0

Bath

SqFt11,472

Sqft

SqFt16,019

Sqft(Lot)

Because the property was constructed in 1987, it is not subject to Los Angeles rent control and instead allows for higher annual rent increases via AB 1482. A new investor can capitalize on both the impressive immediate cash flow, as the building is being offered with an attractive 6.75% CAP Rate, and more rapid potential income growth without the restrictions of Los Angeles rent control. The building consists entirely of large one-bedroom townhouse-style units, each above its own private two-car parking garage. The 11,472 total rentable square feet are spread over the 13 units, resulting in spacious floorplans that feature desirable tenant amenities. Each unit includes central air/heat as well as two fireplaces, two balconies, ceiling fans, and large walk-in closets. Plumbing at the prop erty consists of copper pipes, leading to more efficient utility usage with fewer maintenance and repair expenses. Also reducing an investor's maintenance expenses is the fact that the building does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list, saving an owner from an otherwise substantial cost. Situated near the intersection of Saticoy Street and Reseda Boulevard, the property is less than three miles south of California State University-Northridge and is a similar distance from shops and restaurants at the Northridge Fashion Center shopping mall. Numerous nearby retailers include Costco Wholesale, Target, Best Buy, Lowe's Home Improvement, and a new Porto's Bakery and Cafe. Tenants enjoy convenient access to the adjacent Granada Hills/Northridge area, as well as Encino, Woodland Hills, and Warner Center. The new Topanga Village shopping mall and the upcoming massive Promenade 2035 mixed-use development, to be constructed by Los Angeles Rams owner Stan Kroenke, are both mere miles from the property, allowing residents convenient access to several exciting new destinations.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,100,000

AD Id : 79841198

MLS Id : 26842003

Beds : 13

Lot Size : 16,019 Sqft

Living Area Size : 11,472

Year Built : 1987

Garage : 26

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 13

    Bathroom Information

    Total Baths: 26

  • Building Information

    Year Built: 1987
    Building Area Total: 11472
    Private Pool: No

  • Lot Information

    Lot Dimensions: 60x267 Main Square Feet: 16019 Lot Size Acres: 0.3677 Lot Size Source: Assessor Lot Size Square Feet: 16,019

  • Listing Price Information

    Listing Price: $3100000

  • Tax Information

    Parcel Number: 2103026202

  • Parking Information

    Parking Total: 26 Assigned

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 26

  • Location Information

    Direction: We are pleased to announce the opportunity to purchase 18547 Saticoy Street, a 13-unit multifamily property located in Reseda, CA.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7339 White Oak, Reseda, CA, 91335 $769,000 2 1 1,012 1,012 SqFt
17852 Saticoy Street, Reseda, CA, 91335 $1,749,000 -- -- 2,930 2,930 SqFt
17852 Saticoy Street, Reseda, CA, 91335 $1,690,000 4 3 2,930 2,930 SqFt
7943 Newcastle, Reseda, CA, 91335 $749,950 4 2 1,488 1,488 SqFt
7024 Balcom, Reseda, CA, 91335 $775,577 2 4 1,141 1,141 SqFt
18027 Hatton Street, Reseda, CA, 91335 $835,950 3 2 1,735 1,735 SqFt
7006 Zelzah Avenue, Reseda, CA, 91335 $785,000 3 2 1,580 1,580 SqFt
7322 Lindley Avenue, Reseda, CA, 91335 $879,000 4 3 1,630 1,630 SqFt
6413 Jamieson, Reseda, CA, 91335 $939,000 3 3 1,123 1,123 SqFt
7719 Nestle Avenue, Reseda, CA, 91335 $1,375,000 6 5 2,435 2,435 SqFt

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ByOwner last updated this listing 07/27/2026 @ 00:30

MLS: 26842003 LISTED BY: Roderick 'Rick' Raymundo, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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