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13266 Foothill Boulevard, Sylmar, CA 91342

$7,195,000 Approx. USD 50 beds, 50 baths
28,285 sqft

Reduced by $455,000 on 7/8/2026

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Brochure

Photo of Celeste Anson

Marketed By Celeste Anson REALTOR® - Sales Associate 818-415-7143 m
818-449-0848 o
Lic#: 02029688
NRDS ID: 207064850
celesteanson@bhhscal.com Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302
Phone: 818-223-9100
Fax: 818-876-3100

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Listing Agent

Roderick 'Rick' Raymundo | Rick.Raymundo@MarcusMillichap.com
Lic#: 01357019
Broker: Courtesy of Marcus & Millichap
Phone: 213-943-1855

Agent Remarks

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 vehicles, while street parking is more readily available because the building is surrounded primarily by single-family residences. Located on a large corner lot along one of the San Fernando Valley's major streets, the property provides excellent visibility when attracting prospective tenants. Residents enjoy convenient access to the 210 Freeway, as well as numerous public transportation depots in the immediate area. The upcoming East San Fernando Valley Light Rail Transit Project is planned to start in Sylmar and extend the entire distance south to the Metro Orange Line, connecting the neighborhood to the majority of the Los Angeles metro area.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26677175

List price is $7,195,000 Reduced by $455,000 on 7/8/2026

Price: $7,195,000

Beds: 50

Baths: 50

Built in 1985

28,285 sqft

0.55 acres

Lot size: 0.5492

County: Los Angeles

Zoning: LARD1.5

MLS area: SYL - Sylmar

Last Updated: 7/8/2026

Days On Market (DOM): 100

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This listing belongs to the SYL - Sylmar MLS area

Lat/Long: 34.300723, -118.423350.
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Previous Listing

Photo of Celeste Anson

Celeste Anson REALTOR® - Sales Associate 818-415-7143 m
818-449-0848 o
Lic#: 02029688
NRDS ID: 207064850
celesteanson@bhhscal.com
Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302