12603 Ralston Ave Sylmar, CA 91342
Estimated payment $5,367/month
About This Lot
Exceptional development opportunity! This vacant lot is being offered with a complete DBS 4th Submittal Full Set of Plans for a modern 5-unit multifamily residential project, giving builders and investors a major head start in the permitting and entitlement process. The proposed design features a contemporary architectural concept with efficient floor plans, private residential entries, balconies, and thoughtfully planned parking. The project has already progressed through multiple rounds of city review—saving valuable time and significantly reducing soft-cost expenses for the next developer. Located in a desirable residential neighborhood, this property offers outstanding potential for rental income, long-term appreciation, or resale of newly built units. Surrounding properties consist of established single-family and multi-family developments, contributing to strong market demand.
Listing Agent
Real Estate eBroker Inc. Brokerage Phone: 3479332401 License #02069534 Listed on: 11/23/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,433
Lot Details
- 0.39 Acre Lot
- Density is up to 1 Unit/Acre
- Property is zoned LAR1
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 25
- Tax Tract Number 5909
- Assessor Parcel Number 2506034035
- $229 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,433 | $612,436 | $489,950 | $122,486 |
| 2024 | $7,433 | $600,429 | $480,344 | $120,085 |
| 2023 | $7,290 | $588,657 | $470,926 | $117,731 |
| 2022 | $6,951 | $577,116 | $461,693 | $115,423 |
| 2021 | $7,430 | $565,801 | $452,641 | $113,160 |
| 2020 | $6,399 | $515,000 | $411,000 | $104,000 |
| 2019 | $5,456 | $446,000 | $356,000 | $90,000 |
| 2018 | $5,177 | $417,000 | $333,000 | $84,000 |
| 2016 | $4,540 | $366,000 | $292,000 | $74,000 |
| 2015 | $4,541 | $366,000 | $292,000 | $74,000 |
| 2014 | $4,338 | $340,000 | $271,700 | $68,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/23/2025 11/23/25 | For Sale | $899,000 | +60.5% | -- | |
| 05/14/2020 05/14/20 | Sold | $560,000 | +1.8% | $1,077 / Sq Ft | View Prior Sale |
| 04/14/2020 04/14/20 | Pending | -- | -- | -- | |
| 04/02/2020 04/02/20 | For Sale | $550,000 | -- | $1,058 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Grant Deed | $560,000 | Stewart Title Co Of Ca Inc | |
| Grant Deed | $194,000 | Fidelity Van Nuys | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $430,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Commercial | |
| Previous Owner | $124,000 | Purchase Money Mortgage | |
| Previous Owner | $395,000 | Purchase Money Mortgage | |
| Previous Owner | $387,000 | Credit Line Revolving |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF25265260
APN: 2506-034-035
- 12642 Ralston Ave Unit 1
- 12659 Ralston Ave
- 14761 Astoria St
- 14840 Polk St
- 12563 Bradley Ave Unit 13
- 14785 Polk St
- 14909 W Navarre Way
- 12796 Norris Ave
- 12867 Norris Ave
- 15080 Polk St
- 15057 Paddock St
- 12259 N Lima Way
- 14594 Lyle St
- 14968 Bleeker St
- 13009 Herrick Ave
- 14758 Lakeside St
- 14529 Paddock St
- 12515 N Haleh Ln
- 12519 N Haleh Ln
- 12744 El Dorado Ave
- 14844 Polk St
- 12767 San Fernando Rd Unit 19
- 12767 San Fernando Rd Unit 4
- 15241 Nurmi St
- 14317 Herron St
- 12877-12887 San Fernando Rd
- 12883 San Fernando Rd Unit 28
- 12883 San Fernando Rd Unit 15
- 12883 San Fernando Rd Unit 32
- 14700 Hubbard St Unit 3
- 14820 Aztec St
- 14469 Polk St
- 13037 San Fernando Rd
- 1404 Hollister St Unit A
- 1402 Hollister St
- 13140 Dronfield Ave
- 13280 Dronfield Ave
- 14156 Oro Grande St
- 13040 Dronfield Ave Unit 6
- 13416 Glenoaks Blvd