13266 Foothill Boulevard, Sylmar, CA 91342

Sylmar
Local realty services provided by:ERA Excel Realty
13266 Foothill Boulevard,Sylmar, CA 91342
$7,650,000
  • 50 Beds
  • 50 Baths
  • 28,285 sq. ft.
  • Multi-family
  • Active
Listed by: roderick 'rick' raymundo
Office: marcus & millichap818-212-2700
MLS#:26677175
Source:CRMLS

Price summary

  • Price:$7,650,000
  • Price per sq. ft.:$270.46

About this home

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 6.17% current CAP Rate and 9.93 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...

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Home facts

  • Year built:1985
  • Listing ID #:26677175
  • Added:55 day(s) ago
  • Updated:June 02, 2026 at 10:43 AM

Rooms and interior

  • Bedrooms:50
  • Total bathrooms:50
  • Living area:28,285 sq. ft.

Structure and exterior

  • Year built:1985
  • Building area:28,285 sq. ft.
  • Lot area:0.55 Acres

Finances and disclosures

  • Price:$7,650,000
  • Price per sq. ft.:$270.46

Parking

  • Total parking spaces:48
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