Reseda, CA 91335,18325 Saticoy ST
Reseda, CA 91335,18325 Saticoy ST
Reseda, CA 91335,18325 Saticoy ST
25
$16,300,000
$17,795,000
8.4%
Est.Price: ?

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112 BD
106 BA
53,440 SqFt

18325 Saticoy ST Reseda, CA 91335

Est. payment /mo
SOLD DATE : 06/13/2024

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Key Details

Sold Price $16,300,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 53,440 sqft

Price per Sqft $305

MLS Listing ID 23329665

Bedrooms 112

Year Built 1989

Lot Size 1.396 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area Res - Reseda

Zoning LAR3

Interior

Heating Central

Exterior

Parking Features Assigned, Controlled Entrance

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by John Swartz • Compass
Bought with Non-member 999999 • Non-member Office

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Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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