Fully rented being offered at approximately a 6% cap with value add opportunity. 7-unit multi-family property featuring a 6-unit apartment building alongside a detached house, all set on a spacious lot with significant vacant land at the rear ideal for future development. This property has been a reliable long-term investment, with a new roof installed in late 2024 and recent retrofitting of the carport to meet updated earthquake safety codes. Currently, rents are below market value, presenting multiple avenues for growth. Investors can capitalize on opportunities to increase rental income, add additional units including AB 1211 ADUs, or explore redevelopment options.
Property Type(s):
Residential Income
|
Last Updated
|
10/21/2025
|
Year Built
|
1918
|
|
Community
|
SYL - Sylmar
|
Garage Spaces
|
6.0
|
|
County
|
Los Angeles
|
Additional Details
| AREA |
SYL - Sylmar |
| GARAGE |
Yes |
| HEAT |
Wall Furnace |
| LOT |
0.4743 acre(s) |
| LOT DESCRIPTION |
Front Yard |
| PARKING |
Attached Carport |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
Location
Listed with Brandolino Group
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