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Executive Summary
Exceptional investment and value-add opportunity in the heart of Sylmar. Situated on an expansive nearly 15,000 sq ft RD3-1XL lot (Per title records), this unique property features four (4) separate detached homes, each offering 2 bedrooms and 1 bathroom, along with individual gas and electric meters and a detached 4-car garage with one space allocated per unit. One of the homes has recently become vacant and features a completely remodeled interior, presenting an ideal opportunity for an owner-user or immediate market-rate rental income. The oversized parcel may support the addition of up to two detached ADUs (Per Zimas), creating the potential for six income-producing units total (buyer to verify with the City). A rare opportunity for investors seeking strong current income, future upside, and long-term appreciation in a high-demand rental market.
Property Facts
| Price | $1,295,000 | Building Class | C |
| Price Per Unit | $323,750 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 2,849 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| No. Units | 4 | Year Built | 1927 |
| Property Type | Multifamily | Parking Ratio | 1.4/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LAR1 - Single-Family Residence | ||
| Price | $1,295,000 |
| Price Per Unit | $323,750 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 2,849 SF |
| No. Stories | 1 |
| Year Built | 1927 |
| Parking Ratio | 1.4/1,000 SF |
| Zoning | LAR1 - Single-Family Residence |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 2506-031-006 | Improvements Assessment | $323,498 |
| Land Assessment | $479,670 | Total Assessment | $803,168 |
Property Taxes
Parcel Number
2506-031-006
Land Assessment
$479,670
Improvements Assessment
$323,498
Total Assessment
$803,168
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