18621 Saticoy St

Reseda, CA 91335

$6,325,000
Last Sold Price
58
Beds
50
Baths
22,154 Sq. Ft.
$286 / Sq. Ft.
22,154
Sq. Ft.
$286
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 9/3/25
Sold 9/3/25
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Description

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)...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.
  1. Listed by John Boyett • DRE #02056759 • Brokerage DRE #00868409 • CBRE

Property Details for 18621 Saticoy Street

Zoning
LAR3
Parcel Number
2103026205
Total Units
26.0
Living Area
22154
Source Living Area
Vendor Enhanced
Area
Reseda Ranch (RESR)
Vacancy Rate
0
Lot Size Area
25815
LISTING UPDATED: 09/03/2025 09:41 AM

Property Details for 18621 Saticoy Street

StatusSold
MLS #25514793
Days on Market159
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1990
Lot Size0.59 AC / 25,815 SF
CountyLos Angeles County
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Location

Listing Courtesy of CBRE, John Boyett, DRE #02056759

Sold By CBRE, John Boyett, DRE #02056759

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Building Information for 18621 Saticoy Street

Stories1Residences-Year Built1990Building Size-Lot Size0.59 AC / 25,815 SF

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$34,367 per month

30 year fixed, 6.15% Interest

Principal and Interest

$30,827

Property Taxes

$3,540

HOA Dues

$0

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Property Information for 18621 Saticoy Street

Community / Development
Community / Development
  • Number Of Units: 26
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 4
  • Type Of Units: Dwellings
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $572,648
  • Net Operating Income: $300,173.00
  • Gross Income: $592,800
  • Gross Rent Multiplier: $13.07
  • Total Annual Expense: 272475
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.5926
  • Lot Size Square Feet: 25815
  • Lot Size Dimensions: 100x299
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Private, Private Garage, Subterranean
  • Total Parking: 1
  • Parking Features: Private, Subterranean
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Air Conditioning
  • Cooling Type: Air Conditioning
  • Heating: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Pool House
Lease Terms
Lease Terms
  • Entry Date: 03-21-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $2,800.00
  • Unit Projected Rent: $1,850.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,917.00
  • Unit Actual Rent: $30,675.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 16
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,991.00
  • Unit Actual Rent: $15,925.00
  • Unit Projected Rent: $2,850.00
  • Like Units: 8
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $2,199,857.00
  • Assessed Improvement Percent: 69.86
  • Assessed Land Value: $949,025.00
  • Assessed Land Percent: 30.14
  • Assessed Total Value: $3,148,882.00

Property History for 18621 Saticoy Street

DateEvent & SourcePriceAppreciation
Sep 3, 2025

Sold

CLAW #25514793

$6,325,000—
Sep 3, 2025

Listed (Active)

CLAW #25514793

$7,750,000—
Sep 1, 2025

Expired

CLAW #25514793

$6,950,000—
Aug 29, 2025

Sold

CLAW #25514793

—
Aug 29, 2025

Sold

CRMLS #25514793

$6,325,000—
Aug 27, 2025

Pending

CLAW #25514793

—
Aug 20, 2025

Sold (Public Record)

Public Record #1911062066

$6,325,000—
May 19, 2025

Price Change

CRMLS #25514793

$6,950,000—
Mar 21, 2025

Listed (Active)

CRMLS #25514793

$7,750,000—
Mar 21, 2025

Listed (Active)

CLAW #25514793

$7,750,000—
DateEvent & SourcePrice
09/03/2025

Sold

CLAW #25514793

$6,325,000
09/03/2025

Listed (Active)

CLAW #25514793

$7,750,000
09/01/2025

Expired

CLAW #25514793

$6,950,000
08/29/2025

Sold

CLAW #25514793

—
08/29/2025

Sold

CRMLS #25514793

$6,325,000
08/27/2025

Pending

CLAW #25514793

—
08/20/2025

Sold (Public Record)

Public Record #1911062066

$6,325,000
05/19/2025

Price Change

CRMLS #25514793

$6,950,000
03/21/2025

Listed (Active)

CRMLS #25514793

$7,750,000
03/21/2025

Listed (Active)

CLAW #25514793

$7,750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 18621 Saticoy Street

Taxable ValueLand$968,005Additions$2,268,154Total$3,236,159
Tax Record2025$42,479 ($3,540 / month)
Home Facts
Total Finished SqFt22,154 SqFtAbove Grade Finished SqFt22,154 SqFtStories1Lot Size25,807 SqFtStyleMulti-Family Res (5+ Units)Year Built1990ZoningLAR3CountyLOS ANGELESAPN2103-026-205

Schools near 18621 Saticoy Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Blythe Street Elementary School
Public - K to 5
Northridge Middle School
Public - 6 to 8
Northridge Academy High
Public - 9 to 12
Valley Academy Of Arts And Sciences
Public - 9 to 12
Rating
School
Distance
Blythe Street Elementary School
PublicK to 5

Northridge Middle School
Public6 to 8

Northridge Academy High
Public9 to 12

Valley Academy Of Arts And Sciences
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CBRE, John Boyett, DRE #02056759

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.