Updated August 27, 2026
8 buildings, 506 units, $92.2M.
| Year | Closings | Median per unit |
|---|---|---|
| 2013 | 2 | $100,359 |
| 2014 | 1 | $109,836 (one sale) |
| 2015 | 1 | $177,778 (one sale) |
| 2016 | 1 | $135,500 (one sale) |
| 2019 | 2 | $414,068 |
| 2021 | 1 | $236,111 (one sale) |
Most of these years hold one or two closings, each labeled as such. With eight transactions across nine years, this table is a list of what happened rather than a price series, and it should not be read as market direction.
| Building size | Closings | Median per unit | Range |
|---|---|---|---|
| 4–10 units | 1 | $135,500 (one sale, not a median) | — |
| 11–25 units | 1 | $588,636 (one sale, not a median) | — |
| 26–50 units | 1 | $95,645 (one sale, not a median) | — |
| 51+ units | 5 | $177,778 | $105,072 – $239,500 |
Read the counts. Five of the eight closings sit in the largest band, and three of the four bands rest on a single sale each — those are labeled as one sale and excluded from the machine-readable data attached to this page.
What the sample does support is the headline: Reseda's median of $156,639 per unit is the lowest of the ten submarkets covered, and the reason is that this record is made almost entirely of large buildings. See Reseda, the big-building submarket.
More than six times from the cheapest door to the dearest. That is the second-widest spread in this record after Koreatown's, and it comes from the same source: when a submarket's record holds a 138-unit property alongside a ten-unit one, price per unit is comparing products that have very little in common.
An owner here should benchmark against their size band, not against the submarket median — and on a large building should be skeptical of any per-door figure drawn from small-building sales anywhere in the Valley.
Rent position against the RSO cap. Reseda is inside the City of Los Angeles and its postwar stock is overwhelmingly pre-1978, so the Rent Stabilization Ordinance governs it and buyers underwrite the capped trajectory.
Retrofit status, which at Reseda building sizes is a six-figure question rather than a five-figure one — Reseda and the Northridge epicenter.
And the financing environment, which matters more here than in small-building submarkets because buyers at this scale are borrowing at scale.
Eight buildings. That is a genuine record for a submarket of this type — large properties trade rarely — and it is a small sample in absolute terms. It contains no cap rates, rents or income figures, because the archive does not hold them.
The full list is at the Reseda closing record in full.
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