18325 Saticoy Street Reseda, CA $ 17,795,000
18325 Saticoy Street
$ 17,795,000
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18325 Saticoy Street

Reseda, CA, 91335
$ 17,795,000
Baths0.0 Sq 53,440

Monthly Estimate*

$ 124,303

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Studio

Multi-Family Home for sale in Reseda, CA

for $17,795,000. This 53,440 square foot home was built in 1989 on a lot size of 1.4.

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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Multi-Family Pending

Price

$ 17,795,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

1.4

Year Built

1989

Town/City

Reseda

County/Region

Los Angeles

MLS | Web ID

0023329665

Features
General
Heating Central
Possession Close of Escrow
Zoning LAR3
Year Built 1989
Levels Multi/Split
County Los Angeles
Net Operating Income 895029.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Pending
City Reseda
Buyer Agent Compensation 1.00
Senior Community Y/N No
MLS Area RES - Reseda
Lot Size Square Feet 60791.0
Street Name Saticoy
Standard Status Pending
Buyer Agent Compensation Type %
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Exterior
Parking Features Assigned Controlled Entrance
Lot Size Area 60791.0
Building Area Total 53440.0
Lot Dimensions 88x290
Lot Size Acres 1.4
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 2
Heating Y/N Yes
Street Suffix Street
Total Baths 0
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* Excluded Features
List By
John Swartz

Listing Agent

Compass

Broker

Affordability Calculator

$124,303
Per Month
100%
0%
0%
Monthly Principal & Interest
$124,303
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2024$17,795,000 -3.78% Price Down
11/7/2023$18,495,000 Listed Price

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18325 Saticoy Street, Reseda, CA, 91335 is a Multi-Family Home for sale at $17,795,000 with 53,440 sqft and a lot size of 1.4. 18325 Saticoy Street is a studio with 0.0 baths and was built in 1989. The property's zip code is 91335 which is in Reseda, CA