13073 San Fernando Road, Sylmar, CA 91342
- $4,225,000
- 12
- BD
- 26
- BA
- 15,790
- SqFt
List Agent Roderick 'Rick' Raymundo () 213-943-1855 Marcus & Millichap; CoList () Courtesy of Selling Office: Marcus & Millichap, Roderick 'Rick' Raymundo - Selling Agent DRE# and Courtesy of Listing Office Marcus & Millichap, Roderick 'Rick' Raymundo - Agent DRE#
- Sold Price
- $4,225,000
- List Price
- $4,225,000
- Closing Date
- Jun 26, 2024
- Status
- CLOSED
- MLS#
- 24385487
- Year Built
- 1986
- Bedrooms
- 12
- Bathrooms
- 26
- Living Sq. Ft
- 15,790
- Lot Size
- 24,003
- Days on Market
- 45
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
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.
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.