14020 Foothill new

Sylmar (los Angeles),CA 91342

$ 1499000

- Bed

- Bath

5364 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,364 sqft

Price per Sqft $279

MLS Listing ID CRSR25239411

HOA Y/N No

Year Built 1918

Lot Size 0.474 Acres

Property Sub-Type Other

Source Datashare California Regional

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.

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Fireplace No

Laundry See Remarks

Building

Lot Description Front Yard

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