13987 Foothill Boulevard, Sylmar, CA 91342

Sylmar
Local realty services provided by:ERA Excel Realty
13987 Foothill Boulevard,Sylmar, CA 91342
$1,575,000
  • 11 Beds
  • 10 Baths
  • 6,737 sq. ft.
  • Multi-family
  • Pending
Listed by: jeffrey louks
Office: marcus & millichap818-212-2700
MLS#:26834941
Source:CRMLS

Price summary

  • Price:$1,575,000
  • Price per sq. ft.:$233.78

About this home

13987 Foothill Blvd presents a compelling value-add multifamily investment opportunity in the heart of Sylmar. The property consists of 10 units situated on an expansive 23,318 square foot R3-zoned lot, offering investors multiple avenues to unlock additional value. With a unit mix of nine 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, the asset is well-positioned to benefit from strong rental demand in the San Fernando Valley. Having been under the same ownership for over four decades, the property reflects significant rental upside through interior renovations and repositioning to market rents. Additionally, the large lot and favorable zoning provide potential for the development of ADUs or future ground-up redevelopment, making this an attractive long-term hold or land bank play. Recent capital improvements further reduce immediate maintenance concerns, allowing a new owner to focus on maximizing income and strategic growth.

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Home facts

  • Year built:1961
  • Listing ID #:26834941
  • Added:90 day(s) ago
  • Updated:August 14, 2026 at 08:45 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:10
  • Kitchen Description:Microwave
  • Living area:6,737 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1961
  • Building area:6,737 sq. ft.
  • Lot area:0.54 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,575,000
  • Price per sq. ft.:$233.78

Features and amenities

  • Pool features:In Ground

Parking

  • Total parking spaces:24
  • Parking description:Assigned
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