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13266 Foothill Boulevard, Sylmar, CA 91342

Sylmar
Local realty services provided by:CENTURY 21 Adams & Barnes
13266 Foothill Boulevard,Sylmar, CA 91342
$7,195,000
  • 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:$7,195,000
  • Price per sq. ft.:$254.38

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 6.69% 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...

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Home facts

  • Year built:1985
  • Listing ID #:26677175
  • Added:160 day(s) ago
  • Updated:September 15, 2026 at 11:10 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:$7,195,000
  • Price per sq. ft.:$254.38

Parking

  • Total parking spaces:48
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Adams & Barnes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Adams & Barnes, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Thomas Adams

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