Reseda, CA 91335 18325 Saticoy Street

Pending
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Presented By: John Swartz with Compass;
  • MLS# 23329665
  • 11/07/2023
  • Request Tour
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  • BedBeds • 112
  • BathBaths • 106
  • FootageSQFT • 53,440

Home Details

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.
Presented By: John Swartz with Compass;

Interior Features for 18325 Saticoy Street

Bedrooms

Total Bedrooms112

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths106

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixStreet
Total Stories2

General for 18325 Saticoy Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.03
Carport Y/NNo
CityReseda
CountyLos Angeles
Days on Market160
DirectionsBetween Reseda Blvd and Etiwanda Ave.
Garage Y/NNo
Gross Income1514080.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet60791.0
MLS AreaRES - Reseda
MobileHomeRemainsYNNo
Net Operating Income895029.0
New ConstructionNo
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Street NameSaticoy
Total Units52
View Y/NNo
Waterfront Y/NNo
Year Built1989
ZoningLAR3

Exterior for 18325 Saticoy Street

Building Area Total53440.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions88x290
Lot Size Acres1.3956
Lot Size Area60791.0
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesAssigned, ControlledEntrance
SpaNo
Total Parking104.0

Additional Details

Price History

1527188455

First Team Client Services

Price $17,795,000
MLS#23329665
List Date 11/07/2023
Property Type Pending
Phone 714.964.3311
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