13073 San Fernando Road, Sylmar, CA 91342
Property
Sold June 2024
Listing Agent: Roderick 'Rick' Raymundo (DRE #01357019) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Roderick 'Rick' Raymundo · Marcus & Millichap · MLS #24385487 · Source: CRMLS
About this property
The 15,790 square foot property was built in 1986 and is on the market for the first time. It consists of two buildings, each with thirteen units, so no on-site manager is needed. Comprised of thirteen singles and thirteen one bedroom/ one bath units, it sits on a large lot totaling 24,003 square feet. Amenities include on-site laundry and 37 parking spaces.The property is not subject to Los Angeles rent control (RSO) and offers a rare investment opportunity to add value by renovating the existing units to recognize 40% upside in rents as well as using some of the parking lot to potentially add up to five ADU's (buyer to do their own investigation and verify).13073 San Fernando Rd is in Sylmar, CA just off the 5 freeway and gives easy access to the entire San Fernando Valley.
Listing description from the June 2024 sale, as reported to CRMLS.
Sale history