Reseda is the Valley submarket where the published comp data runs the thinnest and local broker knowledge matters most. Institutional capital is less active here than in Sherman Oaks or Hollywood.
Selling an apartment building here? Reseda multifamily broker — Michael Sterman's record, comparables and process →
| Buildings closed | 8 |
| Units | 506 |
| Total volume | $92.2 million |
| Median price per unit | $157K |
| Range | $96K – $589K |
Median and range are drawn from the 8 Reseda buildings in the Sterman Transaction Index — Michael Sterman's own closed book, not a market-wide estimate. Per-unit pricing tracks building size as much as location, so compare against buildings of similar unit count rather than against the submarket average.
| Address | Units | Price | Closed |
|---|---|---|---|
| 18317-18331 Kittridge St | 72 | $17,000,000 | 2021-02 |
| 6425 Reseda Blvd | 100 | $23,950,000 | 2019-05 |
| 7105-7123 Tampa Ave | 22 | $12,950,000 | 2019-01 |
| 7254 Canby Ave | 10 | $1,355,000 | 2016-07 |
| 18317-18331 Kittridge St | 72 | $12,800,000 | 2015-06 |
| 7237-7261 Amigo Ave | 61 | $6,700,000 | 2014-03 |
| 7722 Reseda Boulevard | 138 | $14,500,000 | 2013-05 |
| 6653 Darby Avenue | 31 | $2,965,000 | 2013-03 |
Reseda is western San Fernando Valley — predominantly pre-1978 inventory, LA City RSO, working-class renter demographics, and a transaction pool that's more local than institutional. Buildings are typically 10-60 units, ...
Read the full seller's guide →Living in townReseda is an LA City neighborhood in the western San Fernando Valley, between Northridge and Tarzana. Residential-dominated submarket with neighborhood retail along Reseda Boulevard.
See the full neighborhood profile →Closings8 Sterman Multifamily Group closings in Reseda. See the full transaction record.
See all 8 Reseda closings →FAQ4 common questions about selling an apartment building in Reseda — answered.
Read the full FAQ →Reseda is a yield-oriented Valley submarket. Pricing sits at the Valley floor relative to Sherman Oaks or Encino. Buyers pursue steady cash flow rather than coastal-style appreciation. Local operators dominate the buyer pool.
Michael Sterman will walk through comparables, buyer pool, and timing specific to your building — no obligation, no pitch.
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