18957 Saticoy St is a one-of-a-kind development opportunity in the heart of Reseda. Zoned LARA, this 8-unit apartment building (bungalow style) sits on a huge 41, 633 SF lot ($53.44 Per Land SF). The new owner will have the option to keep the 8 units and subdivide the rest of the lot, or tear down the 8 units and subdivide into 4 residential lots. The ADU Ordinance will allow a Single Family Residence + detached ADU + attached junior ADU to be built on each subdivided lot (Buyer to verify). Earn income from the 8 units ($10, 925/mo) while permits and entitlements are underway. Property may qualify under the new SB9 zoning law. Conveniently located close to The Warner Center,… Full description
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The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA. The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+, which is more than the national average.