NOT LISTED FOR SALE

19223 Saticoy St Reseda, CA 91335

Reseda Area
40 Beds
8 Baths
21,305 Sq Ft
0.7 Acre Lot

Sale Details

Date Sold: June 5, 2015

Last sale price $4,275,000 $201 Per Sq Ft

74 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Ceiling Fan
  • 30,517 Sq Ft lot
  • Air Conditioning

About This Home

As of June 2015

The iconic South Seas apartments, once featured in the 1984 Karate Kid movie, is comprised of 37 units. The property is a two-story, garden-style building situated on .75 acre of land near the northeast corner of Tampa Avenue and Saticoy Street.

Last Agent to Sell the Property

Dean Zander

CB Richard Ellis, Inc. License #00875853 Listed on: 02/05/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 30,517 Sq Ft Lot

Interior Spaces

  • 21,305 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 40 Bedrooms
  • 8 Bathrooms

Parking

  • 37 Parking Spaces
  • Covered Parking

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 2104-012-064

Community Details

Recreation

  • Community Pool

Additional Features

  • 37 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.7 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 21305
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 40
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 222.95

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 37

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Wall Unit(s)
  • Heating: Wall

Association/Amenities

  • Amenities: Gated Community, Pool

Lot Info

  • Assessed Improvement Value: 1350907
  • Assessed Land Value: 578956
  • Assessor Parcel Number: 2104-012-064
  • Geocode Override: No
  • Lot Size Area: 30517

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 11.63
  • Number Of Units: 37
  • Rent Control: 100
  • Type Of Units: Apartments

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
May 28, 2015
Sold by
Bought by
Seller's Agent
Dean Zander
CB Richard Ellis, Inc.
Buyer's Agent
Dean Zander
List Price
$4,750,000
Sold Price
$4,275,000
Premium/Discount to List
-$475,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
0.0377%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 5, 2015
Closed on
May 18, 2015
Sold by
Bought by
Seller's Agent
Dean Zander
CB Richard Ellis, Inc.
Buyer's Agent
Dean Zander
List Price
$4,750,000
Sold Price
$4,275,000
Premium/Discount to List
-$475,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
0.0377%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 21, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
0.056%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,256,000
Interest Rate
0.075%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,275,000 Provident Title Company
-- Provident Title Company
-- --
-- North American Title Co
-- United Title Company
$1,570,000 United Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,100,000
Closed $2,981,000
Closed $2,750,000
Previous Owner $250,000
Previous Owner $2,550,000
Previous Owner $2,200,000
Previous Owner $1,750,000
Previous Owner $1,256,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/05/2015 06/05/15 Sold $4,275,000 -10.0% $201 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $4,750,000 -- $223 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $65,478 $5,137,901 $3,082,741 $2,055,160
2024 $64,611 $5,037,159 $3,022,296 $2,014,863
2023 $63,411 $4,938,392 $2,963,036 $1,975,356
2022 $60,583 $4,841,562 $2,904,938 $1,936,624
2021 $59,776 $4,746,630 $2,847,979 $1,898,651
2019 $58,060 $4,605,844 $2,763,507 $1,842,337
2018 $57,400 $4,515,534 $2,709,321 $1,806,213
2016 $54,709 $4,340,193 $2,604,116 $1,736,077
2015 $26,445 $1,968,421 $590,523 $1,377,898
2014 -- $1,929,863 $578,956 $1,350,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-890167

The MLS
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