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18430 Saticoy St
Reseda, CA 91335

Saticoy Manor · Multifamily Property For Sale · 12 Units

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.26 AC
Building Size 14,136 SF
No. Stories 3
Year Built 1990
Parking Ratio 2.22/1,000 SF

Unit Amenities

  • Air Conditioning

Site Amenities

  • Laundry Facilities

About 18430 Saticoy St , Reseda, CA 91335

12 unit apartment project, constructed in 1990, recently exterior painted, 100% occupied, HUGE upside potential in existing contract rents, most of which are currently month to month and below market, allowing for quick increases to rent. At time of construction 1 unit was not permitted due to a reported shortage of 1 parking space. 12 units are currently leased and rented and the Assessor now shows this property as a 12 unit property. Ownership is in the process of having the one non-permitted unit permitted which is anticipated to be complete in approximately 60 days. The average rents shown below in the unit mix section are proforma rents that will begin on May 1, 2016. South side of Saticoy Street, just east of Reseda Boulevard

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2119-017-004
Land Assessment
$1,372,086
Improvements Assessment
$2,058,131
Total Assessment
$3,430,217

zoning

Zoning Code LAR3
LAR3
  • Listing ID: 5729545

  • Date on Market: 2/2/2017

  • Last Updated:

  • Address: 18430 Saticoy St, Reseda, CA 91335

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