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13987 Foothill Boulevard, Sylmar, CA 91342

Property

13987 Foothill Boulevard, Sylmar, CA 91342 Sold August 2026 CRMLS
$1,430,000Sold August 2026

Listing Agent: Jeffrey Louks (DRE #00908473) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Andreas Kramer · Compass · MLS #26834941 · Source: CRMLS

11
Bedrooms
10
Bathrooms
6,737
Sq Ft
23,318 sqft
Lot Size
1961
Year Built
Property
Type
2
Stories
WallWindowUnits
Cooling
WallFurnace
Heating

How this sale compares

13987 Foothill Boulevard sold for $1,430,000 in August 2026, 9.2% under its $1,575,000 list price, after 87 days on the market. It was first listed at $1,800,000. That works out to $212 per square foot on 6,737 square feet. Across 246 closed sales in 91342 over the last 12 months, the median sold price is $717,500 and the median is $457 per square foot, 116% above this sale's $212.

$212
This sale, per sq ft
$457
91342 median per sq ft (12 mo)
$717,500
91342 median sold price (12 mo)
246
Closed sales in 91342 (12 mo)
87
Days on market
−9.2%
Sold vs. list price
QuarterClosed sales in 91342Median sold price
Q1 202631$800,000
Q2 202699$730,000
Q3 202695$710,000
Q4 202621$594,900

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Sylmar · Homes for sale in 91342

Description

13987 Foothill Blvd presents a compelling value-add multifamily investment opportunity in the heart of Sylmar. The property consists of 10 units situated on an expansive 23,318 square foot R3-zoned lot, offering investors multiple avenues to unlock additional value. With a unit mix of nine 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, the asset is well-positioned to benefit from strong rental demand in the San Fernando Valley. Having been under the same ownership for over four decades, the property reflects significant rental upside through interior renovations and repositioning to market rents. Additionally, the large lot and favorable zoning provide potential for the development of ADUs or future ground-up redevelopment, making this an attractive long-term hold or land bank play. Recent capital improvements further reduce immediate maintenance concerns, allowing a new owner to focus on maximizing income and strategic growth.

Listing description from the August 2026 sale, as reported to CRMLS.

Sale history

$1,430,000
Sold August 2026 · listed $1,575,000, orig. $1,800,000, on market May 2026, 87 days on market · MLS #26834941 · Source: CRMLS
Listing Agent: Jeffrey Louks · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Andreas Kramer · Compass

Recent sales near 13987 Foothill Boulevard

Closed sales reported in 91342, nearest first, last 12 months. All recent sales in Sylmar →

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