Reseda Apartment Building Sales

Explore 6 closed multifamily transactions totaling $36.75M in Reseda. Data from the LAAA Team at Marcus & Millichap.

6

Transactions

$36.75M

Total Volume

4.06%

Avg Cap Rate

$255,739

Avg $/Unit

20

Avg Units

2013

Since

Reseda Multifamily Market Overview

Reseda offers affordable central SFV entry points along Sherman Way and Reseda Boulevard. Across 6 transactions totaling $36.8M, the LAAA Team has documented 4.06% average cap rate and $256K per unit across 121 units. 1960s-1970s garden-style buildings under LA RSO.

Market Metrics

Total Deals

6

Total Volume

$36.75M

Avg Cap Rate

4.06%

Cap Rate Range

3.21% - 4.97%

Avg $/Unit

$255,739

$/Unit Range

$135,500 - $408,824

Avg Units/Deal

20

Deal Types

Apartments: 6

Market Snapshot

Source: CoStar | West San Fernando Valley Multifamily | 2026 Q1
14,328Total Units
3.5%↑ from 2.7%Vacancy Rate
$1,997Market Rent/Unit
-0.8%Rent Growth (YoY)
5.1%Market Cap Rate
$277KMarket $/Unit

Rents by Unit Type

Studio$1,544/mo
1 Bedroom$1,753/mo
2 Bedroom$2,281/mo
3 Bedroom$2,980/mo

Supply & Demand

Under Construction0 units
Delivered (12 mo)163 units
Net Absorption (12 mo)35 units
Occupancy Rate96.5%

Investment Activity (Trailing 12 Mo)

Sales Volume$77.3M
Transactions5
Avg Price/Unit$277K
Avg Cap Rate5.8%

LAAA Team Closings in Reseda

6transactions by Glen Scher, Filip Niculete & the LAAA Team

7543 Canby Ave

Reseda2022

Price
$1.65M
Units
8
Cap
3.21%
$/Unit
$206,250

7108 Amigo Ave

Reseda2022

Price
$13.90M
Units
34
Cap
3.65%
$/Unit
$408,824

18529 Calvert St

Reseda2019

Price
$9.72M
Units
24
Cap
4.51%
$/Unit
$405,208

Wyandotte & Baird

Reseda2018

Price
$9.28M
Units
39
Cap
4.44%
$/Unit
$237,821

7254 Canby Avenue

Reseda2016

Price
$1.35M
Units
10
Cap
3.59%
$/Unit
$135,500

7260 Canby Avenue

Reseda2015

Price
$845,000
Units
6
Cap
4.97%
$/Unit
$140,833

Source: LAAA Team Closed Transactions

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Your LA Apartment Investment Advisors

Glen Scher

Glen Scher

Senior Managing Director Investments

(818) 212-2808

Email Glen

License(s): CA: 01962976

Filip Niculete

Filip Niculete

Senior Managing Director Investments

(818) 212-2748

Email Filip

License(s): CA: 01905352

LA Apartment Advisors | Marcus & Millichap

16830 Ventura Blvd, Ste. 100, Encino, CA 91436

LAAA