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18621 Saticoy Street

John Boyett & Eli Hiekali Of CBRE Represent Sale Of Reseda Multifamily For $6.325M
SOLDMultiFamily

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

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.

Players

John Boyett

CBRE

Broker

$190.7M

vol

32 deals

Broker
CBRE
CBREBrokerage

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