18547 Saticoy St, Reseda, CA

Name: 18547 Saticoy St, For Sale in Reseda - eXp Realty
Brand: Marcus & Millichap
SKU: 26842003
Price: 3100000 USD

House

For Sale

Listed price in listed location currency (USD).

$3,100,000

132626

MLS® 26842003

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 11472 sqft

Garage Yes

Taxes

Days Active 1

Lot Size

Approx. Age 1987

Avg. Price Per Sqft $270

MLS® Number 26842003

Property Address: 18547 Saticoy St, Reseda, CA, 91335-7400

Average square foot calculated using Size range provided by listing agent.

Description

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 property 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.

MLS® Number26842003

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1987

Basement

DrivewayAssigned

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 2, 2026List Date

$3,100,000List Price

Commute

Commute

Starting Address

Destination Address

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