$1,645,000
$50K PRICE DROP

14020 Foothill Blvd Sylmar, CA 91342

Sylmar Neighborhood

Estimated payment $10,375/month

Total Views 10,500
13 Beds
7 Baths
5,364 Sq Ft
$307 Price per Sq Ft

Highlights

  • 0.47 Acre Lot
  • No HOA
  • 6 Attached Carport Spaces

About This Home

Exceptional Value-Add 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

Jeff Brandolino

Brandolino Group Brokerage Phone: 661-600-9410 License #01259914 Listed on: 05/06/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 0.47 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR3

Interior Spaces

  • 5,364 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Parking

  • 1 Open Parking Space
  • 7 Parking Spaces
  • 6 Attached Carport Spaces
  • Parking Available

Listing and Financial Details

  • Legal Lot and Block 3 / 69
  • Assessor Parcel Number 2504022002
  • $1,493 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Leased Units
  • Rent Control

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 235000
  • Property Attached: Yes
  • Water Sewer Expenses: 3023.00
  • Zoning: LAR3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 2504022002
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: front door
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 306.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 6176.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 20659.00
  • Lot Size Acres: 0.4743

Rental Info

  • Tenant Pays: None

Multi Family

  • Electric Expense: 5615.00
  • Gross Operating Income: 121619.00
  • Gross Scheduled Income: 119294.00
  • Insurance Expense: 3547.00
  • Lot Size Area: 20659.0000 Square Feet
  • Net Operating Income: 88358.00
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 33261.00
  • Other Expense: 746.38
  • Other Expense Description: RSO
  • Rent Control: Yes
  • Total Actual Rent: 10659.90
  • Total Expenses: 41374.38

Tax Info

  • New Taxes Expense: 21187.00
  • Tax Block: 69
  • Tax Census Tract: 1064.08
  • Tax Lot: 3
  • Tax Tract Number: UNK...
  • TaxOtherAnnualAssessmentAmount: 1493.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $1,645,000 -2.9% $307 / Sq Ft
05/06/2025 05/06/25 For Sale $1,695,000 +109.9% $316 / Sq Ft
08/30/2012 08/30/12 Sold $807,500 -18.4% $151 / Sq Ft
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)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25084597

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Sylmar 91342 Sylmar

14020 Foothill Blvd, Sylmar, CA

This home is located at 14020 Foothill Blvd, Sylmar, CA 91342 and is currently priced at $1,645,000, approximately $306 per square foot. This property was built in 1918. 14020 Foothill Blvd is a home located in Los Angeles County with nearby schools including Sylmar Elementary School, Olive Vista Middle School, and San Fernando Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Jeff Brandolino
Listing Agent
Jeff Brandolino
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Brandolino Group
(747) 318-3474