$1,499,000

14020 Foothill Blvd Sylmar, CA 91342

Estimated payment $9,400/month

Total Views 1,954
13 Beds
7 Baths
5,364 Sq Ft
$279 Price per Sq Ft

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

Jeff Brandolino

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

Property Details

Home Type

Apartment

Year Built

Built in 1918

Lot Details

0

Parking

6

Listing Details

  • CapRate: 6.00
  • Property Attached: No
  • Water Sewer Expenses: 8638.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 2504022002
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 279.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 6176.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 20659.00
  • Lot Size Acres: 0.4743

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 127919.00
  • Gross Scheduled Income: 127919.00
  • Insurance Expense: 3547.00
  • Lot Size Area: 20659.0000 Square Feet
  • Net Operating Income: 88982.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 38937.00
  • Rent Control: Yes
  • Total Actual Rent: 10659.90
  • Total Expenses: 38937.00

Tax Info

  • New Taxes Expense: 18750.00
  • Tax Block: 69
  • Tax Lot: 3
  • Tax Tract Number: 01404
  • 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 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)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25239411

California Regional Multiple Listing Service (CRMLS)