12215 San Fernando Road, Sylmar, CA 91342
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
12215 San Fernando Road,Sylmar, CA 91342
$3,000,000
- 16 Beds
- 9 Baths
- 4,549 sq. ft.
- Multi-family
- Active
Listed by: robert leveen, jesse munoz
Office: robert leveen213-995-6684
MLS#:26639141
Source:CRMLS
Price summary
- Price:$3,000,000
- Price per sq. ft.:$659.49
About this home
The property, originally constructed in 1937, is comprised of nine units with a mix of two x one bedroom/one bath, and seven x two bedroom/one bath apartments, situated on 0.91 acres (39,537 SF) parcel. In 2018, the property was renovated and two new units were added. Additional income is derived from truck parking. The parcel is zoned LA C2-2D-CPIO. City of Los Angeles Transit Oriented Communities qualifies the parcel as TOC Tier 4 due to its proximity to the Sylmar/San Fernando Metrolink Train Station. Tier 4 qualifies for an 80% bonus in unit density based on the underlying zoning. This is in exchange for setting aside a certain amount of low-income units. By right one could develop 86 units. With TOC Tier 4, one could develop 155 units. Please refer to the above link for specifics. Additionally, the city has implemented a local incentive program detailed in the City of Los Angeles Density Bonus Program which complements the TOC program and just adopted the Citywide Housing Incentive Program Ordinance or CHIP. Further, the site qualifies for Executive Directive 1 (ED 1) which expedites the processing of shelters and 100% affordable housing projects in the city of Los Angeles. The offering is a rare opportunity for an affordable housing developer to acquire a sizable residential parcel eligible for expedited entitlement processing and continue to earn income....
Contact an agent
Home facts
- Year built:1937
- Listing ID #:26639141
- Added:106 day(s) ago
- Updated:May 03, 2026 at 10:43 AM
Rooms and interior
- Bedrooms:16
- Total bathrooms:9
- Living area:4,549 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1937
- Building area:4,549 sq. ft.
- Lot area:0.91 Acres
- Levels:1 Story
Finances and disclosures
- Price:$3,000,000
- Price per sq. ft.:$659.49
Parking
- Total parking spaces:16
New listings near 12215 San Fernando Road
- New
$799,000Active4 beds 3 baths1,326 sq. ft.11837 Hunnewell, Sylmar, CA 91342
MLS# SR26095483Listed by: EQUITY UNION - Coming SoonOpen Sat, 12 to 3pm
$332,000Coming Soon3 beds 2 baths13691 Gavina Avenue #595, Sylmar, CA 91342
MLS# SR26094752Listed by: HAND N HAND REALTY - New
$990,000Active3 beds 2 baths1,798 sq. ft.10307 Foothill, Sylmar, CA 91342
MLS# OC26094740Listed by: RYAN MARIER, BROKER
$1,575,000Active19.01 Acres0 Foothill, Lakeview Terrace, CA 91342
MLS# 25631685Listed by: TREVINO PROPERTIES INC.- Open Sun, 12 to 3pmNew
$829,999Active4 beds 2 baths1,420 sq. ft.12948 Phillippi Avenue, Sylmar, CA 91342
MLS# SR26094733Listed by: J & V REAL ESTATE GROUP INC. - New
$749,000Active3 beds 3 baths1,586 sq. ft.13412 Manzanillo, Sylmar, CA 91342
MLS# SR26068415Listed by: EQUITY UNION - New
$574,999Active3 beds 3 baths1,415 sq. ft.13307 Frederick, Sylmar, CA 91342
MLS# SR26094530Listed by: LIGHTHOUSE ESTATE PROPERTIES, INC. - New
$829,000Active3 beds 2 baths1,799 sq. ft.12124 Buckeye Avenue, Sylmar, CA 91342
MLS# SR26092092Listed by: FIRST CLASS REAL ESTATE - New
$465,000Active3 beds 2 baths1,167 sq. ft.13185 Bromont #1/2, Sylmar, CA 91342
MLS# SR26082480Listed by: EXP REALTY OF CALIFORNIA INC - Open Sun, 12 to 4pmNew
$775,000Active5 beds 3 baths1,480 sq. ft.14807 Oro Grande, Sylmar, CA 91342
MLS# SR26092563Listed by: LPT REALTY, INC