Bought with Shenen Dequito
$1,517,000
$1,499,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
0.47 Acres Lot
SOLD DATE : 01/02/2026
Key Details
Sold Price $1,517,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSR25239411
Sold Date 01/02/26
Year Built 1918
Lot Size 0.474 Acres
Source California Regional MLS
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
Area Syl - Sylmar
Interior
Heating Wall Furnace
Exterior
Parking Features Carport
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Tax ID 2504022002
Special Listing Condition Not Applicable
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