$9,499 Closing Credit¹
#SR25045001, Norman Pomeranz, Listing Office: Tom Block Realty
$15,000,000 List price
19344 Wyandotte St Reseda, CA 91335
1.3 acres
House
Property details
About 19344 Wyandotte St
We are pleased to present the opportunity to acquire a high yield, partially renovated, multifamily asset in prime location Reseda bordering the most desirable neighborhoods in the San Fernando Valley including Calabasas, Tarzana, Encino, and West Hills. 19344 Wyandotte St consists of 57 units, roughly 20 of which have been renovated allowing for notable additional upside in income upon turnover of the remaining unrenovated units. The asset consists of oversized square footage units compromised of primarily 2 bedroom units, while also consisting of a healthy assortment of Studios, 1 Beds, and 3 Beds. The average unit size is 881 square feet based on title records of 50,191 gross building square footage. Ownership will find long term benefit in acquiring an asset at notably below replacement cost of $299 per sqft. The majority of units possess a private small porch or balcony for tenant enjoyment along with 60+ covered parking spaces with small storage lockers at the rear of each parking space. Current gross annual income totals $1,456,117 with a potential full market annual income of $1,865,000+. The $877,925 in-place net operating income yields a 5.85% with potential to achieve a 8.43% cap rate upon renovation of remaining units and full market rents. Additionally, ownership has seen lower than traditional vacancy operations due to attractive asset grounds and micro location adjoining to the low density single family neighborhood.
Highlights
Home typeOther
StatusActive
Lot size1.29 Acres
Year built1964
MLS #PTP2503080
Virtual tour
Summary
- Private Pool: No
- List Price: $15,000,000
- Annual Tax Amount: $121,200
- Tax Year: 2024
- Directions: GPS
- Year Built: 1964
- Stories: 2
- Lot Size: 1.29 Acres
- MLS Number: PTP2503080
- MLS Name: CRMLS
- Office Name: Commercial Asset Advisors
- Office Email: mbrown@caacre.com
- Listing Agent: Maxwell Brown
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$15,000,000
19344 Wyandotte St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 11, 2006 | Home Sold | $2,155,500 |
| Apr 01, 2005 | Home Sold | $6,950,000 |
| Mar 27, 1997 | Home Sold | $935,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $9,481,885 | $121,200 |
| 2023 | $9,296,246 | $118,945 |
| 2022 | $9,114,247 | $113,616 |
| 2021 | $8,935,817 | $112,023 |
| 2020 | $8,830,088 | $108,788 |
| 2019 | $8,656,950 | $107,528 |
| 2018 | $8,487,207 | $105,083 |
| 2017 | $8,311,742 | $105,083 |
History based on county public records data.
Nearby schools
4
Shirley Avenue School
Public District KG-5
0.4 mi
•19452 Hart St
5
Melvin Avenue Elementary School
Public District KG-5
0.6 mi
•7700 Melvin Ave
5
Stanley Mosk Elementary School
Public District PK-5
0.7 mi
•7335 Lubao Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,392. Residents of Reseda, CA typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
49%
<35k
34%
35k-100k
17%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
13%
Single, with Kids
20%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Hiking/backpacking
Where do the neighbors shop?
Banana Republic
IKEA
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
Quiznos
Starbucks
What do the neighbors drive?
Toyota
Lexus
Audi
What do the neighbors listen to?
Jazz
Soft Adult Contemporary- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 19344 Wyandotte St
The listing price of 19344 Wyandotte St property is $15,000,000.
The property 19344 Wyandotte St is a house located in Reseda, California, 91335.
Active Listing: 19344 Wyandotte St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 19344 Wyandotte St are: Shirley Avenue School (GreatSchools Rating 4/10), Melvin Avenue Elementary School (GreatSchools Rating 5/10), Stanley Mosk Elementary School (GreatSchools Rating 5/10), John A. Sutter Middle School (GreatSchools Rating 3/10), Ingenium Charter Middle School (GreatSchools Rating 4/10), James Jordan Middle School (GreatSchools Rating 7/10), John R. Wooden High School (GreatSchools Rating 2/10), Cleveland Charter High School (GreatSchools Rating 7/10), Magnolia Science Academy (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $121,200 (source: MLS/based on county public records data).
The last sale was on July 11, 2006 for $2,155,500 (source: MLS/tax record).
The property at 19344 Wyandotte St has 0 bathroom.
The year of construction for 19344 Wyandotte St is 1964.
This home is located at 19344 Wyandotte St in Reseda, CA and zip code 91335 in the Reseda neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $15,000,000.
In March 2025 more than 302 listings in Reseda, CA were sold above the asking price. During the same period more than 116 listings were sold at asking price, while more than 322 were sold below. The number of listings in Reseda, CA increased by 13.7% between February and March 2025. In March 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $940,937.
From Rocket Homes Real Estate and based on county public records data.