18325 Saticoy St | Reseda, CA 91335
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- LoopNet Team
18325 Saticoy St
Reseda, CA 91335
Windmere Court · Multifamily Property For Sale
·
52 Units
INVESTMENT HIGHLIGHTS
- Built 1989 not subject to LARSO
- Allowable annual rent increases of 5% plus CPI
- On-site garaged parking (112 spaces) | Swimming pool, jacuzzi, community BBQ, basketball court and elevator
- Excellent unit mix: 44 (2bed + 2 bath) | 6 (3 bed + 2 bath) | 2 (3bed + 3bath)
- Approximately 30% upside in rents
- Assumable loan of $5,020,000 through September 2025. Interest only at 3.65%
PROPERTY FACTS
| No. Units | 52 | Building Size | 59,392 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1989 |
| Building Class | B | Parking Ratio | 2.1/1,000 SF |
| Lot Size | 1.43 AC | ||
| Zoning | Qr3-1 | ||
| No. Units | 52 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.43 AC |
| Building Size | 59,392 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 2.1/1,000 SF |
| Zoning | Qr3-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Patio
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Picnic Area
- Pool
- Spa
- Gated
- Basketball Court
- Disposal Chutes
- Grill
- Gas Range
- Elevator
- Online Services
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 44 | $2,395 | 925 - 1,060 |
| 3+2 | 6 | $2,596 | 1,120 |
| 3+3 | 2 | $2,725 | 1,473 |
PROPERTY TAXES
| Parcel Number | 2119-001-222 | Improvements Assessment | $9,486,000 |
| Land Assessment | $7,140,000 | Total Assessment | $16,626,000 |
PROPERTY TAXES
Parcel Number
2119-001-222
Land Assessment
$7,140,000
Improvements Assessment
$9,486,000
Total Assessment
$16,626,000
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