18547 Saticoy St, Reseda, CA, 91335
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Property Details
13
26
Multi-Family
Description
Property Details: • Type: Multi-Family • Bedrooms: 13 • Bathrooms: 26 • Square Feet: 11472 • Lot/Size: 16,019 sqft lot
Description: Because the property was constructed in 1987, it is not subject to Los Angeles rent control and instead allows for higher annual rent increases via AB 1482. A new investor can capitalize on both the impressive immediate cash flow, as the building is being offered with an attractive 6.75% CAP Rate, and more rapid potential income growth without the restrictions of Los Angeles rent control. The building consists entirely of large one-bedroom townhouse-style units, each above its own private two-car parking garage. The 11,472 total rentable square feet are spread over the 13 units, resulting in spacious floorplans that feature desirable tenant amenities. Each unit includes central air/heat as
Location
Address
18547 Saticoy St, Reseda, CA, 91335
City
Reseda
Features and Finishes
Year Built: 1987; [object Object]; [object Object]; [object Object]
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