Seller's Agent in 2022
Chase Simonton
RE/MAX
(310) 383-5927
6 in this area
85 Total Sales
Estimated Value: $760,000 - $926,538
Property will be sold with month-to-month tenant in place. Tenant has been living at the property for over 20 years and pays $2,100 per month. Property needs remodeling and is being sold for land value and redevelopment. Currently a 1,112sf SFR sitting on a massive 20,791sf lot in the heart of Reseda. Zoned LARA, the new investor can tear down the existing structure and develop this 1/2 acre lot into an incredible home with a tennis court and pool, as demonstrated by the neighboring properties and numerous luxury Single Family estates on similar sized lots. The current structure, a 2 bed, 1 bath single family home was built in 1953. The ADU Ordinance will allow a Single Family Residence + detached ADU + attached junior ADU. Property may qualify under the new SB9 zoning law. Conveniently located close to The Warner Center, Northridge and Sherman Oaks, Reseda is a short drive to many of the valley's shopping and employment centers. NOTE: The adjacent property at 18937-18957 Saticoy may be purchased together or separately. 18937-18957 Saticoy consists of 8 units + 83,447 SF lot and is asking $4,175,000.
Last Buyer's Agent
Chase Simonton
Keller Williams-Santa Monica License #01766871
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 18937 Saticoy Street Llc | $1,527,000 | Priority Title | |
| 19001 Saticoy Limited Partners Lp | $1,356,500 | Chicago Title Company | |
| Saticoy Land Partners 1 Llc | $450,000 | Commonwealth Land Title Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 18937 Saticoy Street Llc | $600,000 | |
| Previous Owner | 19001 Saticoy Limited Partners Lp | $880,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/05/2022 10/05/22 | Sold | $650,000 | -23.5% | $585 / Sq Ft |
| 06/10/2022 06/10/22 | Pending | -- | -- | -- |
| 06/01/2022 06/01/22 | For Sale | $850,000 | 0.0% | $764 / Sq Ft |
| 04/25/2022 04/25/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $850,000 | 0.0% | $764 / Sq Ft |
| 03/31/2022 03/31/22 | Pending | -- | -- | -- |
| 03/08/2022 03/08/22 | For Sale | $850,000 | -- | $764 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,398 | $676,260 | $624,240 | $52,020 |
| 2024 | $8,398 | $663,000 | $612,000 | $51,000 |
| 2023 | $9,003 | $650,000 | $600,000 | $50,000 |
| 2022 | $6,550 | $524,289 | $367,003 | $157,286 |
| 2021 | $6,471 | $514,009 | $359,807 | $154,202 |
| 2019 | $6,285 | $498,765 | $349,136 | $149,629 |
| 2018 | $6,154 | $488,987 | $342,291 | $146,696 |
| 2016 | $5,172 | $410,000 | $164,000 | $246,000 |
| 2015 | $5,172 | $410,000 | $164,000 | $246,000 |
| 2014 | $5,300 | $410,000 | $164,000 | $246,000 |
Seller's Agent in 2022
Chase Simonton
RE/MAX
(310) 383-5927
6 in this area
85 Total Sales
Source: The MLS
MLS Number: 22-135531
APN: 2104-013-022