13987 Foothill Blvd, Sylmar, CA 91342
13987 Foothill Blvd, Sylmar, CA 91342
13987 Foothill Blvd, Sylmar, CA 91342
13987 Foothill Blvd, Sylmar, CA 91342
13987 Foothill Blvd, Sylmar, CA 91342
13987 Foothill Blvd, Sylmar, CA 91342
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$ 1,800,000
Est. payment | /mo

11 Beds

10 Baths

6,737 SqFt


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$ 1,800,000
Est. payment | /mo
Save

11 Beds

10 Baths

6,737 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,737 sqft

Price per Sqft $267

MLS Listing ID 26834941

Bedrooms 11

Year Built 1961

Lot Size 0.535 Acres

Acres 0.5355

Property Sub-Type Multi-Family

Property Description

13987 Foothill Blvd presents a compelling value-add multifamily investment opportunity in the heart of Sylmar. The property consists of 10 units situated on an expansive 23,318 square foot R3-zoned lot, offering investors multiple avenues to unlock additional value. With a unit mix of nine 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, the asset is well-positioned to benefit from strong rental demand in the San Fernando Valley. Having been under the same ownership for over four decades, the property reflects significant rental upside through interior renovations and repositioning to market rents. Additionally, the large lot and favorable zoning provide potential for the development of ADUs or future ground-up redevelopment, making this an attractive long-term hold or land bank play. Recent capital improvements further reduce immediate maintenance concerns, allowing a new owner to focus on maximizing income and strategic growth.

Location

State CA

County Los Angeles

Area Sylmar

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Range/Oven, Microwave

Exterior

Parking Features Assigned

Garage Spaces 24.0

Pool In Ground

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Marcus & Millichap

Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com

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13987 Foothill Blvd