15500 Foothill Boulevard, Sylmar, CA 91342

About this property

We are pleased to exclusively list 15500 Foothill Boulevard. This property is located in a very desirable Sylmar location. Built in 1985, the property consists of thirty-five units. There are thirty-four one bedroom/one bathroom units and one two bedroom/two bathroom. This property is not subject to LA City Rent Control (Property is subject to CA State Rent Control, AB 1482). The onsite amenities include a pool, gated entrance, and on-site laundry facility. With the 210 Freeway close by, residents are also able to connect to the 5 and 405Freeways. This is a great opportunity to own a 1980s property with attractive pricing metrics and a low price per door. There is one additional Non Conforming 36th unit that is currently vacant and being used by the management company for storage/maintenance.

Listing description from the June 2021 sale, as reported to CRMLS.

Sale history

$7,240,000

Sold June 2021 · listed $7,200,000, on market May 2021 · MLS #21729160 · Source: CRMLS

Listing Agent: Brett Sanson · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Brett Sanson · Marcus & Millichap

$3,613,500

Sold March 2013 · listed $3,750,000, orig. $3,850,000, on market October 2012 · MLS #F12124191 · Source: CRMLS

Listing Agent: Cynthia Hill-Slater · Listing Office: Keller Williams Realty - Studi · Contact: 818-432-1500 · Bought with: Cindy Hill · Keller Williams Realty - Studi

Explore Sylmar