Updated Oct 19, 2026
Len Eli Purchases Multifamily Property From Amanda Abraham For $2.9M In Reseda
18547 Saticoy Street
$2,900,000
$252/SF
Building Size
11,472 SF
Asset Type
MultiFamily
Closing
Oct 14, 2026
About this deal
AI
The property asset involved in the transaction is a multifamily building located at 18547 Saticoy Street in Reseda. The sale was finalized at a price of $2,900,000 with a total of 13 units available within the building. The property encompasses a total square footage of 11,472 and has a price per unit of $223,076, as well as a price per square foot of $252.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,900,000
- Units: 13
- Square Footage: 11,472
- Price Per Unit: $223,076
- Price Per Square Foot: $252
- Buyer: Len Eli
- Seller: Amanda Abraham
- Brokers: Rick Raymundo & Phil Rodgers - Marcus & Millichap
- Date of Transaction: 10/14/2026
The key individuals involved in this transaction include the buyer Len Eli and the seller Amanda Abraham. The brokers representing the transaction are Rick Raymundo and Phil Rodgers from Marcus & Millichap, who facilitated the deal for both parties.
On the Map
$2,900,000
$252/SF
MultiFamily
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Players
Reseda MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93