Updated Sep 30, 2025
John Boyett & Eli Hiekali Of CBRE Represent Sale Of Reseda Multifamily For $6.325M
18621 Saticoy Street
$6,325,000
$285/SF
Building Size
22,154 SF
Asset Type
MultiFamily
Closing
Sep 2, 2025
About this deal
AI
The property asset is a multifamily building located at 18621 Saticoy Street in the Reseda market, comprising a total of 26 units. The sale price for the property was $6,325,000, with a price per unit of $243,269. The total square footage of the building is 22,154, resulting in a price per square foot of $285.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $6,325,000
- Units: 26
- Price per Unit: $243,269
- Square Footage: 22,154
- Price per Square Foot: $285
- Date of Transaction: 09/02/2025
- Brokers: John Boyett & Eli Hiekali - CBRE
John Boyett and Eli Hiekali represented the broker agency CBRE in this transaction, showcasing their involvement in facilitating the sale of the multifamily property in Reseda.
On the Map
$6,325,000
$285/SF
MultiFamily
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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
2.51%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93