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$2,000,000
7 Beds 7 Baths SR26196808 MLS
Fully Renovated Property with Two ADUs! This exceptional property offers a rare combination of space, flexibility, and modern living with a beautifully reimagined two-story main residence plus two separate ADUs. The main home features approximately 2,200 sq. ft. with 4 bedrooms and 4 bathrooms, while the additional units offer approximately 1,200 sq. ft. with 2 bedrooms and 2 bathrooms and 575 sq. ft. with 1 bedrooms and 1 bathrooms, for approximately 3,975 sq. ft. of total living space. Everything has been thoughtfully redone, creating a fresh, modern feel throughout. The main residence features an open-concept living area with abundant natural light, modern finishes, and a stylish kitchen equipped with stainless steel appliances. The spacious two-story layout provides excellent separation of living and private spaces. The main home also includes an attached two-car garage. Both ADUs are beautifully finished and offer their own comfortable living spaces, kitchens with stainless steel appliances, bedrooms, bathrooms, and interior washer and dryer hookups/units. All three residences offer the convenience of in-unit laundry and modern finishes throughout. The outdoor space provides additional versatility with ample room for entertaining, relaxing, or enjoying the Southern California lifestyle. With three separate living spaces and approximately 3,975 sq. ft. combined, this property presents an incredible opportunity for extended living arrangements, guests, or rental potential.

13364 Pala Avenue, Sylmar

$7,195,000
50 Beds 50 Baths 26677175 MLS
Because the property was constructed in 1985, it is not subject to restrictive Los Angeles rent control. Instead, an owner is allowed to implement higher annual rent increases under California AB 1482. This could allow the investment's income to maintain pace with future rent growth, ensuring that the asset's cash flow is maximized. Available at an already attractive 6.69% current CAP Rate and 9.28 GRM, the property offers income growth through both rent upside and expansion of the existing RUBS collections. The building's excellent unit mix, consisting primarily of two- bedroom apartments, coupled with amenities such as central air/heat, stainless steel appliances, and ample garage parking, makes it a desirable asset for tenants and landlords alike. The building is not on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), allowing an investor to avoid an otherwise burdensome capital expense. The on- site garage parking area can accommodate 48 vehicles, while street parking is more readily available because the building is surrounded primarily by single-family residences. Located on a large corner lot along one of the San Fernando Valley's major streets, the property provides excellent visibility when attracting prospective tenants. Residents enjoy convenient access to the 210 Freeway, as well as numerous public transportation depots in the immediate area. The upcoming East San Fernando Valley Light Rail Transit Project is planned to start in Sylmar and extend the entire distance south to the Metro Orange Line, connecting the neighborhood to the majority of the Los Angeles metro area.

13266 Foothill Boulevard, Sylmar

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.