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$1,499,000
41 Days On Site
14020 FoothillSylmar, CA 91342
For Sale|Apartment|Active Under Contract
0
Beds
0
Total Baths
5,364
SqFt
$279
/SqFt
1918
Built
County:
Los Angeles
Listed by Jeff Brandolino of Brandolino Group [email protected]
Call Now: +1 (562) 337-3915
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+1 (562) 337-3915
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Monthly Payment (Est.)
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Fully rented being offered at approximately a 6% cap with value add opportunity. 7-unit multi-family property featuring a 6-unit apartment building alongside a detached house, all set on a spacious lot with significant vacant land at the rear ideal for future development. This property has been a reliable long-term investment, with a new roof installed in late 2024 and recent retrofitting of the carport to meet updated earthquake safety codes. Currently, rents are below market value, presenting multiple avenues for growth. Investors can capitalize on opportunities to increase rental income, add additional units including AB 1211 ADUs, or explore redevelopment options.
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Listing Snapshot
Price
$1,499,000
Days On Site
41 Days
Bedrooms
N/A
Inside Area (SqFt)
5,364 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.4743 Acres
Year Built
1918
MLS® Number
SR25239411
Status
Active Under Contract
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Status changed to Active Under Contract | |
| 2 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
General Features
Acres
0.4743
Garage
Yes
Garage Spaces
6
Land Lease
No
Number Of Stories
2
Parking
Attached Carport
Parking Spaces
6
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
5364
Water Source
Public
Interior Features
Fireplace Features
None
Heating
Wall Furnace
Laundry Features
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Exterior Features
Lot Features
Front Yard
Pool Features
None
Community Features
Building Access
1
Community Features
Curbs
Financing Terms Available
CashConventionalFHAOwner May CarryVA Loan1031 Exchange
MLS Area
SYL - Sylmar
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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