13266 Foothill Boulevard

Sylmar, CA 91342

$7,600,000
Price
3
Beds
50
Baths
28,285 Sq. Ft.
$269 / Sq. Ft.
28,285
Sq. Ft.
$269
per Sq. Ft.

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...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
  1. Listed by ERIC CHEN • DRE #01489184 • Brokerage DRE #00409987 • CB RICHARD ELLIS • 626-757-5717
  2. Listed by Joyce Goldstein • DRE #01903737 • Brokerage DRE #00409987 • CB Richard Ellis L.A. North Universal City

Property Details for 13266 Foothill Boulevard

Parking Spaces Total
48
Private Pool
No
Cooling Type
Central
Total Units
28.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
28285
Assessor Parcel Number
2513-026-028
LISTING UPDATED: 01/06/2025 04:24 AM

Property Details for 13266 Foothill Boulevard

StatusActive
MLS #CV25002980
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1985
CountyLos Angeles County

Building Information for 13266 Foothill Boulevard

Building/Complex13266 Foothill BlvdFloor-Stories1Residences-Pet Policy-Year Built1985Building Size-

Property Information for 13266 Foothill Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $707,532
  • Gross Scheduled Income: $707,532
  • Vacancy Allowance: 21226
  • Gross Operating Income: $686,306
  • Net Operating Income: $432,511
  • Laundry Income: $4,800
  • Gross Multiplier: 10.74
  • Cap Rate: 5.69
Expense Details
  • Operating Expense: $253,795
  • New Taxes Expense: $94,885
  • Gardener Expense: $3,370
  • Fuel Expense: $0
  • Pest Control Expense: $1,490
  • Security Expense: $1,401
  • Insurance Expense: $12,689
  • Maintenance Expense: $21,000
  • Professional Management Expense: $38,996
  • Other Expense: $5,600
  • Other Expense Description: Reserves
  • Trash Expense: $19,827
  • Water Sewer Expense: $34,979
  • Supplies Expense: $13,548
  • Total Expenses: $253,795
Tax / Assessment Info
  • Tax Tract Number: 28386
  • Tax Census Tract: 1061.14
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 26-30 Units/Acre
  • Number Of Units: 28
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 48
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,901
  • Unit Type Total Rent: $136,836
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 22
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,144
  • Unit Type Total Rent: $565,896
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 27
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 28
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 1

Property History for 13266 Foothill Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13266 Foothill Boulevard

Taxable ValueLand$3,098,727Additions$4,648,091Total$7,746,818
Tax Record2024$96,669 ($8,056 / month)
Home Facts
Total Finished SqFt28,285 SqFtAbove Grade Finished SqFt28,285 SqFtLot Size23,921 SqFtStyleMulti-Family Res (5+ Units)Year Built1985ZoningLARD1.5CountyLOS ANGELESAPN2513-026-028

Schools near 13266 Foothill Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Vista Del Valle Dual Language Academy
PublicK to 5

San Fernando Middle School
Public6 to 8

Academy of Scientific Exploration (ASE)
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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13266 Foothill Boulevard is a multi-family home for sale in Sylmar, CA 91342. This property was listed for sale on January 6, 2025 by CB RICHARD ELLIS, it's currently listed at $7,600,000. It has been on the market for a total of 1 days and was last sold on May 28, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Vista Del Valle Dual Language Academy, San Fernando Middle School and Cesar E. Chavez Learning Academies-Teacher Preparation Academy. 13266 Foothill Boulevard is a 3-bed, 50-bath, 28,285 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CB RICHARD ELLIS, ERIC CHEN, DRE #01489184; CB Richard Ellis L.A. North Universal City, Joyce Goldstein, DRE #01903737

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.