NOT LISTED FOR SALE

19001 Saticoy St Reseda, CA 91335

Estimated Value: $770,000 - $932,939

2 Beds
1 Bath
1,112 Sq Ft
$763/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $650,000 $585 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,199/month

94 Days on Market

Highlights

  • 0.48 Acre Lot
  • Living Room with Fireplace
  • Ground Level Unit
  • Valley Academy of Arts & Sciences Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of October 2022

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 Agent to Sell the Property

Chase Simonton

RE/MAX One License #01766871 Listed on: 03/08/2022

RE/MAX One

Last Buyer's Agent

Chase Simonton

Keller Williams-Santa Monica License #01766871

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,398

Year Built

  • Built in 1953

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 73x287
  • Fenced Yard
  • Level Lot
  • Value in Land
  • Tear Down
  • Property is zoned LARA

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 1,112 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window
  • Water Heater

Additional Features

  • Open Patio
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2104-013-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,398

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tear-Down
  • Levels: Ground Level
  • Street Number Display: Yes
  • Living Area: 1112
  • Lot Acreage: 0.4773
  • Lot Dimensions: 73x287
  • Property Condition: Tear Down, Fixer, Value Mainly In Land
  • Stories: 1
  • Year Built: 1953
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 764.39

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning
  • Heating: Wall Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2104-013-022
  • Lot Description: Back Yard, Lot-Level/Flat, Yard, Fenced Yard
  • Lot Size Area: 20792

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Aug 19, 2022
Sold by
19001 Saticoy Limited Partners Lp
Bought by
18937 Saticoy Street Llc
Seller's Agent
Chase Simonton
RE/MAX One
Buyer's Agent
Chase Simonton
RE/MAX One
List Price
$850,000
Sold Price
$650,000
Premium/Discount to List
-$200,000
-23.53%
Views
9
Current Estimated Value
$848,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,485
Avg. Annual Appreciation
9.29%
Original Mortgage
$600,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2016
Sold by
Saticoy Land Partners I Llc
Bought by
19001 Saticoy Limited Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Culver Edward and Culver Susan M
Bought by
Saticoy Land Partners 1 Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

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
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 18937 Saticoy Street Llc $600,000
Previous Owner 19001 Saticoy Limited Partners Lp $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-135531

The MLS

APN: 2104-013-022