14020 Foothill Blvd Sylmar, CA 91342
Estimated payment $9,400/month
Highlights
- 0.47 Acre Lot
- Attached Carport
- Front Yard
- Laundry Room
- Wall Furnace
About This Home
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.
Listing Agent
Brandolino Group Brokerage Phone: 661-600-9410 License #01259914 Listed on: 10/21/2025
Property Details
Home Type
- Apartment
Year Built
- Built in 1918
Lot Details
- 0.47 Acre Lot
- No Common Walls
- Front Yard
Parking
- 6 Car Garage
- Attached Carport
- Parking Available
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,364 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 13 Bedrooms
- 7 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 3 / 69
- Tax Tract Number 1404
- Assessor Parcel Number 2504022002
- $1,493 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 7 Units
Building Details
- 7 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,080
- Insurance Expense $3,547
- Trash Expense $6,176
- Water Sewer Expense $8,638
- New Taxes Expense $18,750
- Operating Expense $38,937
- Gross Income $127,919
- Net Operating Income $88,982
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/21/2025 10/21/25 | For Sale | $1,499,000 | +85.6% | $279 / Sq Ft | |
| 08/30/2012 08/30/12 | Sold | $807,500 | -18.4% | $151 / Sq Ft | View Prior Sale |
| 06/21/2012 06/21/12 | Pending | -- | -- | -- | |
| 01/16/2012 01/16/12 | For Sale | $989,000 | -- | $185 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25239411
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