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18430 Saticoy St
Reseda, CA 91335
Saticoy Manor · Multifamily Property For Sale
·
12 Units
Property Facts
| No. Units | 12 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 14,136 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1990 |
| Building Class | B | Parking Ratio | 2.22/1,000 SF |
| Zoning | LAR3 | ||
| 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 |
| Zoning | LAR3 |
Amenities
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
| Parcel Number | 2119-017-004 | Improvements Assessment | $2,099,293 |
| Land Assessment | $1,399,527 | Total Assessment | $3,498,820 |
Property Taxes
