
Sylmar, California 91342
This Multigenerational Equestrian Estate is positioned well below the $1,260,636 Fair Market Value by 1%, featuring a List Price of $1,250,000. This entry point secures $10,636 in Instant Equity. Maintaining a Condition Rating of 3, the property offers Mountain Views and a massive 18,128 sq ft LARA-Zoned Lot within the Los Angeles Unified district. Its unique three-level layout with private entrances provides immense "house-hack" potential. This versatile asset is perfectly suited for Owner-Occupants or Multigenerational Families seeking rural tranquility with city access.
Property is move-in ready.
Despite being built in 1924, the property is move-in ready and has undergone significant system updates including a newer roof, HVAC, electrical enhancements, and an owned solar system. The interior features a mix of preserved character and modern updates, notably a recently renovated bathroom with contemporary tile work and a glass shower. The kitchen, while featuring a specific retro aesthetic with checkered flooring and red counters, appears well-maintained and fully functional with updated windows and recessed lighting throughout the home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18128, living area = 2952.
The expansive 17,750 sq ft LARA-zoned lot with two addresses offers rare flexibility for equestrian use, hobby farming, or the development of multiple ADUs to maximize property value.
With three distinct levels each featuring private entrances, the residence is ideally suited for multigenerational living, guest quarters, or a curated live/work environment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2952, other record living area = 1116. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is offered in as-is condition, which likely necessitates additional budget for repairs, cosmetic updates, or structural modernizations typical of a century-old home.
The explicit requirement for buyers to verify bedroom counts and ADU potential suggests possible discrepancies between physical structures and official records that could impact financing.
Welcome to a rare offering in one of Los Angeles’ last remaining rural enclaves where land, privacy, and possibility converge. Set on an expansive 17,750 sq ft LARA-zoned parcel, this distinctive estate presents a unique opportunity to create a refined retreat with exceptional flexibility and long-term upside. Privately held by the same family for over 57 years, the residence spans approximately 2,900+ sq ft across three levels and is now presented as a 4-bedroom, 3-bath home (buyer to verify). Each level features its own private entrance, offering a versatile layout ideal for multigenerational living, guest quarters, studio space, or curated live/work environments. The main level is rich in character, featuring a spacious kitchen, fireplace, and preserved original woodwork that reflects the home’s charm. French doors open to multiple patios and elevated decks, creating a seamless indoor-outdoor flow surrounded by mature trees and landscape, an ideal setting for entertaining or BBQ. Thoughtful improvements over time include double-pane windows, upgraded insulation, HVAC, electrical enhancements, a newer roof (within the past decade), and an owned solar system blending classic architecture with modern efficiency. This unique property includes two addresses on a single tax bill, offering enhanced flexibility and a rare opportunity for expanded use. The existing configuration, combined with LARA zoning, may allow for the development of multiple additional structures, including the potential for more than one ADU (buyer to verify with the City of Los Angeles), presenting a compelling opportunity to maximize value. The LARA zoning further supports a wide range of uses, including equestrian facilities, gardens, and hobby farming. Ideally situated near an extensive network of horse trails, the property is well-suited for equestrian lifestyles, chickens, and other permitted animals, offering a rare blend of rural functionality within the City of Los Angeles. The property includes a detached garage with workshop space and an extended driveway accommodating multiple vehicles. Located just moments from the Hansen Dam equestrian trail system and minutes to the 210 freeway, the property offers a rare balance of rural tranquility and city accessibility within convenient reach of Pasadena, the San Fernando Valley, and greater Los Angeles. A property of this scale, zoning, and legacy ownership is rarely available in Lake View Terrace Offered as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 2,952 | 1,597.5 | 97% |
| Lot Size | 18,128 | 8,126.5 | 79% |
| Price | $1.25M | $827.5K | 95% |
| Price per sq ft | $423 | $529 | 19% |
| Built year | 1924 | 1962 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 166 | 1% |
Apr 2, 2026
$1,250,000
Initial Listing