14020 Foothill, Sylmar, CA 91342
- $1,517,000
- Sold Price
- $1,517,000
- List Price
- $1,499,000
- Closing Date
- Jan 02, 2026
- Status
- CLOSED
- MLS#
- SR25239411
- Year Built
- 1918
- Lot Size
- 20,659
- Acres
- 0.47
- Lot Location
- Front Yard
- Days on Market
- 23
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
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.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $127,919
- Operating Expense
- 38937
Listing courtesy of Listing Agent: Jeff Brandolino (jeff@brandolinogroup.com) from Listing Office: Brandolino Group.
Listing sold by Shenen Dequito from Vida Home Investment Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.