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13266 Foothill Boulevard

Sylmar, CA 91342

$7,600,000

List Price

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bed Beds

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shower Baths

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1985

calendar_month Built

Property Description

We are proud to offer a rare opportunity to acquire the Foothill Vista Apartments, a well-maintained 28-unit property located at the corner of Foothill Boulevard and Harding Street at 13266 Foothill Boulevard. This ±28,285 sq ft building sits on a ±23,921 sq ft lot, boasting excellent visibility and convenient access to the 210 Freeway. Nestled against the majestic backdrop of the Foothill Mountains, Foothill Vista Apartments is located in the suburban neighborhood of Sylmar, which is the northernmost city of Los Angeles at the edge of the San Fernando Valley. The property features mature lush landscaping, controlled access, laundry facilities, and a mix of covered and surface parking stalls along with a dedicated on-site management and maintenance team. The Foothill Vista Apartments boasts spacious units with stainless steel dishwashers, electric cooking systems, vinyl wood plank or carpet flooring, Central A/C and heating systems, ceiling fans, vertical blinds, private balconies and high speed Internet access.* Strategic Location, Diverse Market: Foothill Vista Apartments occupy a prime spot in Sylmar, offering access to a dynamic tenant pool. Neighboring cities like San Fernando, Mission Hills, Granada Hills, Pacoima, Burbank, and Northridge boast distinct demographics, ensuring a broad range of potential renters. This strategic positioning extends beyond Sylmar. Within a 25-mile radius, residents enjoy convenient access to major landmarks like Downtown LA, Universal Studios Hollywood, Griffith Observatory, Burbank Airport, Cal State Northridge, and the Burbank Town Center. This proximity to employment hubs, entertainment centers, and educational institutions translates to high renter demand and stable occupancy rates. Foothill Vista Apartments is in a prime location that ensures residents are surrounded by an abundance of shopping centers, restaurants, retailers, and parks, all just a short distance away. This is an attractive San Fernando Valley income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity. *Approximately 75% units have been renovated

Listing Information

List Price $7,600,000
Status Active
MLS CV25002980
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1985
Lot Size 23,921
Structure Size N/A
Courtesy Of CB RICHARD ELLIS
Listing Agent ERIC CHEN DRE#01489184
Co-Listing Agent Joyce Goldstein DRE#01903737

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

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shower N/A
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Listing information courtesy of: ERIC CHEN, Joyce Goldstein, CB RICHARD ELLIS 909-418-2071. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 6th, 2025 at 8:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.