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  • 13266 Foothill Boulevard

13266 Foothill Boulevard, Sylmar, CA 91342

$7,650,000 Approx. USD 50 beds, 50 baths
28,285 sqft
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Photo of Lori Meltzer

Lori Meltzer REALTOR® - Sales Associate 818-219-6366 m
818-933-2400 o
Lic#: 01758105
NRDS ID: 207052810
lorimeltzer@bhhscal.com Text Me
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Lic#: 01758105
NRDS ID: 207052810
lorimeltzer@bhhscal.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Fax: 818-386-9007
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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 6.17% current CAP Rate and 9.93 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
Price: $7,650,000
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: 4/15/2026

 Days On Market (DOM): 80

 Find more Sylmar homes and real estate

 Find more homes in 91342 zip code

This listing belongs to the SYL - Sylmar MLS area

Lat/Long: 34.300723, -118.423350.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Lori Meltzer

Lori Meltzer REALTOR® - Sales Associate 818-219-6366 m
818-933-2400 o
Lic#: 01758105
NRDS ID: 207052810
lorimeltzer@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01758105
NRDS ID: 207052810
lorimeltzer@bhhscal.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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