11403 Eldridge Avenue, Sylmar, California 91342, Sylmar, 91342 - 2 bed, 2 bath
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11403 Eldridge Avenue
Sylmar, California 91342
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,437Sq Ft
7,474Lot Size
Property Price
LIST PRICE$645,000
EST. MARKET VALUE
$654,822
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $645,000—positioned well below the $654,823 Fair Market Value by 1.5%. This valuation gap offers $9,823 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires significant updates, but the 7,474 sqft corner lot and 2-level detached garage provide excellent potential for an ADU or creative studio. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project.
Estimated Market Value
$654,822
Based on Realkey algorithm analyzing recent comparable sales in Sylmar.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11403 Eldridge Avenue Subject | $645,000* List Price | 2 | 2 | 1,437 | $456 | - |
A 11653 Goleta Street Sold | $680,000 | 3 | 2 | 1,372 | $496 | 0.4 mi |
B 11965 Pierce Street Active Under Contract | $749,000 List Price | 4 | 2 | 1,404 | $533 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1950 (74 years old) and marketed explicitly as a 'fixer' and 'diamond in the rough,' the property shows significant deferred maintenance. The exterior features peeling paint and a cluttered lot, while the interior is highly dated with window AC units and no evidence of recent kitchen, bath, or system renovations since at least 1995.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7474, living area = 1437.
- Development Potential
The property features a generous 7,474 sqft corner lot with ample space for a potential ADU and RV parking, offering significant value-add opportunities for investors or developers.
- Prime Location
Situated in the desirable Kagel Canyon area, the home offers immediate access to the 210 freeway and is minutes from the Hansen Dam Recreation Area and Equestrian Center.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
Marketed as a 'fixer' and 'diamond in the rough,' the property requires extensive remodeling, cleaning, and capital investment to reach its full potential.
- Dated Infrastructure
Built in 1950 and held by the same owner for nearly 30 years, the home likely necessitates major updates to its core systems and utilities to meet modern standards.
About 11403 Eldridge Avenue
Charming corner lot fixer with tons of potential. This 2-story home is situated in the desirable Kagel Canyon area of Sylmar, bordering Lakeview Terrace. Main level offers a living room with a fireplace, a separate dining room, kitchen, a bathroom and a den that opens to a private courtyard area between home and garage. Both bedrooms are upstairs, plus an additional bathroom. The detached garage is 2 levels and offers plenty of storage options. The large backyard can be transformed into a spacious outdoor area, with room to possibly add an ADU, and RV parking. This prime location offers quick and easy access to the 210 freeway and is minutes away from the expansive Hansen Dam Recreation Area and Equestrian Center, scenic hiking and horse trails, and is close to shopping areas and restaurants. Perfect for investors, developers, or savvy do it yourself home buyers. With updating, remodeling, cleaning and a lot of elbow grease, this diamond in the rough is waiting to be reimagined. First time on the market since musician John Blue purchased in 1995.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,474 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,437 | 1,492.055 |
| Lot Size | 7,474 | 8,147.982 |
| Price | $645.0K | $801.1K |
| Price per sq ft | $449 | $543 |
| Built year | 1950 | 1960 |
| HOA | $0 | $133 |
| Days on market | 8 | 57 |
Pricing History
Listed for Sale
Sep 1, 2026
$645,000
Initial Listing
Sold
Feb 15, 1995
$105,000
Public Record