18621 Saticoy Street, Reseda, CA 91335
Local realty services provided by:Better Homes and Gardens Real Estate Clarity



18621 Saticoy Street,Reseda, CA 91335
$6,950,000
- 58 Beds
- 50 Baths
- 22,154 sq. ft.
- Multi-family
- Active
Listed by:john boyett
Office:cbre
MLS#:25514793
Source:CRMLS
Price summary
- Price:$6,950,000
- Price per sq. ft.:$313.71
About this home
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.
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Home facts
- Year built:1990
- Listing Id #:25514793
- Added:146 day(s) ago
- Updated:August 13, 2025 at 01:10 PM
Rooms and interior
- Bedrooms:58
- Total bathrooms:50
- Living area:22,154 sq. ft.
Structure and exterior
- Year built:1990
- Building area:22,154 sq. ft.
- Lot area:0.59 Acres
Finances and disclosures
- Price:$6,950,000
- Price per sq. ft.:$313.71
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