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Back 18547 Saticoy St
Off Market

18547 Saticoy St

Los Angeles CA 91335

13
26
26
11472 sq. ft.
16019 sq. ft.
Other
Last sold for $2,900,000
Roderick 'Rick' RaymundoRoderick 'Rick' Raymundo, last sold this property on 28 July 2026 after 55 days on market.

Overview

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 well as two fireplaces, two balconies, ceiling fans, and large walk-in closets. Plumbing at the property consists of copper pipes, leading to more efficient utility usage with fewer maintenance and repair expenses. Also reducing an investor's maintenance expenses is the fact that the building does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list, saving an owner from an otherwise substantial cost. Situated near the intersection of Saticoy Street and Reseda Boulevard, the property is less than three miles south of California State University-Northridge and is a similar distance from shops and restaurants at the Northridge Fashion Center shopping mall. Numerous nearby retailers include Costco Wholesale, Target, Best Buy, Lowe's Home Improvement, and a new Porto's Bakery and Cafe. Tenants enjoy convenient access to the adjacent Granada Hills/Northridge area, as well as Encino, Woodland Hills, and Warner Center. The new Topanga Village shopping mall and the upcoming massive Promenade 2035 mixed-use development, to be constructed by Los Angeles Rams owner Stan Kroenke, are both mere miles from the property, allowing residents convenient access to several exciting new destinations.

Features

13 bedrooms
26 bathrooms
26 carspaces
26 garage spaces
11472 sq. ft. floor area
16019 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 13 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 18547 Saticoy St

2026
Sold
$2,900,000
28 Jul 2026 by Roderick 'Rick' Raymundo, of Marcus & Millichap
2013
Sold
$1,775,000
17 Sep 2013 by John 'Judd' Dunning, of Newmark Residential

Happy sellers in Los Angeles

90%
90% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Los Angeles over the last 12 months.

Local market activity for 13 bedroom other properties in Los Angeles

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