- 3 Beds
- 2 Baths
- 6,737 Sqft
- .54 Acres
13987 Foothill Boulevard
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.
Essential Information
- MLS® #26834941
- Price$1,575,000
- Bedrooms3
- Bathrooms2.00
- Square Footage6,737
- Acres0.54
- Year Built1961
- TypeResidential Income
- StatusActive
Community Information
- Address13987 Foothill Boulevard
- AreaSYL - Sylmar
- CitySylmar
- CountyLos Angeles
- Zip Code91342
Amenities
- Parking Spaces24
- ParkingAssigned
- GaragesAssigned
- Has PoolYes
- PoolIn Ground
Interior
- AppliancesMicrowave
- HeatingWall Furnace
- CoolingWall/Window Unit(s)
- # of Stories2
- StoriesTwo
Additional Information
- Date ListedMay 15th, 2026
- Days on Market64
- ZoningLAR3
Listing Details
- AgentJeffrey Louks
- OfficeMarcus & Millichap
Price Change History for 13987 Foothill Boulevard, Sylmar, (MLS® #26834941)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,800,000 to $1,575,000 |
Jeffrey Louks, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of July 18th, 2026 at 3:10am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.