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15500 Foothill Blvd Sylmar, CA 91342
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Key Details
Sold Price $7,240,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 18,653 sqft
Price per Sqft $388
MLS Listing ID 21-729160
Sold Date 06/25/21
Bedrooms 35
Year Built 1985
Lot Size 0.679 Acres
Acres 0.6793
Property Sub-Type Multi-Family
Property Description
We are pleased to exclusively list 15500 Foothill Boulevard. This property is located in a very desirable Sylmar location. Built in 1985, the property consists of thirty-five units. There are thirty-four one bedroom/one bathroom units and one two bedroom/two bathroom. This property is not subject to LA City Rent Control (Property is subject to CA State Rent Control, AB 1482). The onsite amenities include a pool, gated entrance, and on-site laundry facility. With the 210 Freeway close by, residents are also able to connect to the 5 and 405Freeways. This is a great opportunity to own a 1980s property with attractive pricing metrics and a low price per door. There is one additional Non Conforming 36th unit that is currently vacant and being used by the management company for storage/maintenance.
Location
State CA
County Los Angeles
Area Sylmar
Zoning LARA
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Equipment Range/Oven
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 50.0
Building
Story 3
Others
Special Listing Condition Standard
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Bought with Marcus & Millichap
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