Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    13266 Foothill Boulevard, Sylmar, CA 91342
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    13266 Foothill Boulevard
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    • MLS#: CV25002980 ( Apartment )
    • Street Address: 13266 Foothill Boulevard
    • Viewed: 11
    • Price: $7,400,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1985
    • Bldg sqft: 0
    • Days On Market: 87
    • Additional Information
    • County: LOS ANGELES
    • City: Sylmar
    • Zipcode: 91342
    • Provided by: CB RICHARD ELLIS
    • Contact: ERIC ERIC
    • California Regional MLS IDX
    • DMCA Notice
    • 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
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    Features
    Association Fee
    1. 0.00
    Building Area Total
    1. 28285.00
    Carport Spaces
    1. 48.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. Central Air
    Country
    1. US
    Days On Market
    1. 57
    Electric Expense
    1. 16181.00
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Gardner Expense
    1. 3150.00
    Heating
    1. Central
    Insurance Expense
    1. 12689.00
    Laundry Features
    1. Common Area
    Laundry Income
    1. 4800.00
    Levels
    1. Two
    Lot Features
    1. 26-30 Units/Acre
    Netoperatingincome
    1. 450487.00
    Newtaxesexpense
    1. 92486.00
    Number Of Separate Electric Meters
    1. 28
    Otherexpense
    1. 5600.00
    Otherexpensedescription
    1. Reserves
    Parcel Number
    1. 2513026028
    Pest Control Expense
    1. 1490.00
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 55081.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 429529096:CRM
    Spa Features
    1. None
    Suppliesexpense
    1. 7483.00
    Totalactualrent
    1. 702732.00
    Totalexpenses
    1. 266705.00
    Trash Expense
    1. 22854.00
    Vacancyallowance
    1. 22190
    Views
    1. 11
    Water Sewer Expense
    1. 28291.00
    Water Source
    1. Public
    Year Built
    1. 1985
    Year Built Source
    1. Assessor
    Zoning
    1. LARD1.5
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836