13987 Foothill Boulevard Sylmar, CA $ 1,800,000
13987 Foothill Boulevard
$ 1,800,000
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13987 Foothill Boulevard

Sylmar, CA, 91342
$ 1,800,000
Bedrooms11 Baths9.0 Sq 6,737

Monthly Estimate*

$ 11,083

Listed by Marcus & Millichap
13987 Foothill Boulevard, Sylmar, CA 91342 - Image 1
13987 Foothill Boulevard, Sylmar, CA 91342 - Image 2
13987 Foothill Boulevard, Sylmar, CA 91342 - Image 3
13987 Foothill Boulevard, Sylmar, CA 91342 - Image 4
13987 Foothill Boulevard, Sylmar, CA 91342 - Image 5
13987 Foothill Boulevard, Sylmar, CA 91342 - Image 6

Multi-Family Home for sale in Sylmar, CA

for $1,800,000 with 11 bedrooms and 9 full baths. This 6,737 square foot home was built in 1961 on a lot size of 0.5353.

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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Multi-Family Active

Price

$ 1,800,000

Bedrooms

11

Full Bath

9

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.5353

Year Built

1961

Town/City

Sylmar

County/Region

Los Angeles

MLS | Web ID

26834941

Days on Market

6

Features
General
Living Area 6737
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Appliances Microwave
Zoning LAR3
Pool Features In Ground
Year Built 1961
Stories Count 2
Levels Two
Gross Income 156300
County Los Angeles
Net Operating Income 74601
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Get off the 210 and then turn onto Foothill
City Sylmar
Senior Community Y/N false
Number Of Units Total 10
MLS Area SYL - Sylmar
Lot Size Units Square Feet
Lot Size Square Feet 23318
Standard Status Active
Year Built Source Other
Cap Rate 4.14
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 11
Total Baths 10
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Exterior
Parking Features Assigned
Total Parking 24
Lot Size Area 23318
Number of Buildings 1
Building Area Total 6737
Lot Size Acres 0.5353
Lot Size Source Other
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* Excluded Features
List By
Marcus & Millichap

Broker

jeff.louks@marcusmillichap.com

Email

Affordability Calculator

$11,083
Per Month
100%
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Monthly Principal & Interest
$11,083
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2026$1,800,000 Listed Price

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13987 Foothill Boulevard, Sylmar, CA, 91342 is a Multi-Family Home for sale at $1,800,000 with 6,737 sqft and a lot size of 0.5353. 13987 Foothill Boulevard has 11 bedrooms, 9.0 baths, and was built in 1961. The property's zip code is 91342 which is in Sylmar, CA