CA > Sylmar
Sylmar, CA 91342,14020 Foothill
Sylmar, CA 91342,14020 Foothill
Sylmar, CA 91342,14020 Foothill
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,499,000
Est. payment /mo
0.47 Acres Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25239411

HOA Y/N No

Year Built 1918

Lot Size 0.474 Acres

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area Syl - Sylmar

Interior

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Parking Features Attached Carport

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs

Total Parking Spaces 6

Private Pool No

Building

Lot Description Front Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 2504022002

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Owner May Carry, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, Owner May Carry, VA Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Jeff Brandolino Brandolino Group 661-600-9410

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