The Reseda Closing Record, In Full

Updated August 27, 2026

8 buildings · 506 units · $92.2M · 2013–2021

ClosedBuildingUnitsPricePer unit
2013-036653 Darby Avenue31$2,965,000$95,645
2013-057722 Reseda Boulevard138$14,500,000$105,072
2014-037237-7261 Amigo Ave61$6,700,000$109,836
2015-0618317-18331 Kittridge St72$12,800,000$177,778
2016-077254 Canby Ave10$1,355,000$135,500
2019-017105-7123 Tampa Ave22$12,950,000$588,636
2019-056425 Reseda Blvd100$23,950,000$239,500
2021-0218317-18331 Kittridge St72$17,000,000$236,111

Eight buildings, 506 units

That ratio is the story. An average of about sixty-three apartments per building — the largest in this desk's record by a wide margin. Koreatown averages twenty-two. West Hollywood averages ten.

Five of these eight buildings hold more than fifty units. Reseda is where the large postwar apartment complexes of the west Valley are, and this record is almost entirely made of them.

What that does to the numbers

It puts the median at $156,639 per unit — the lowest of the ten submarkets covered. Large buildings trade lower per door across this record pooled: a bigger check, a narrower buyer pool, different financing, and per-unit rents that do not rise with unit count — what building size actually does to price.

Reseda is a case where that explanation is incomplete. Five of the eight buildings here are over fifty units, and that band does not price below the smaller ones in Reseda's own record. The low median is about Reseda as much as it is about building size.

That is a composition effect, not a verdict on the neighborhood. A submarket made of sixty-unit buildings will show a lower median per door than one made of eight-unit buildings even where demand is identical.

And it produces a wide internal spread — more than six times from the cheapest door to the dearest — because when a record holds a 138-unit property and a ten-unit property, "price per unit" is measuring two different products.

The repeat sale

18317-18331 Kittridge St appears twice: closed in June 2015, and again in February 2021 at 33% more. Seventy-two units, held for five and a half years between two closings through this desk.

That is one of the few multi-year hold-and-resale records in this archive with both ends of the transaction documented, and it is on the building's own page.

What the record does not have

No street with more than one distinct building. Eight closings across eight streets. In other submarkets I have been able to compare buildings on the same block; the Reseda sample does not permit it, and I will not construct a comparison that the data does not support.

The regulatory frame

Reseda is inside the City of Los Angeles, so everything applies: the Rent Stabilization Ordinance on pre-October-1978 stock, Measure ULA above the threshold, the soft-story retrofit ordinance, and LAHD registration. That is the opposite of Glendale, West Hollywood and Santa Monica, and it matters — the large postwar buildings that dominate this record are precisely the population the retrofit ordinance targets.

Every figure is computed from the archive rather than typed — the methodology.

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