
Sylmar, California 91342
This Multi-Generational Residential Asset is a High-Potential Investment Opportunity, listed at $820,000—positioned slightly above the $793,958 Fair Market Value. Despite the premium, the property offers significant utility through its detached guest house and large 8,758 sqft lot, providing a Condition Rating of 3. With modern infrastructure including copper plumbing and newer HVAC, this home is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to offset mortgage costs through flexible, multi-family living arrangements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11625 Gladstone Avenue Subject | $820,000* List Price | 3 | 2 | 1,188 | $668 | - |
A 12117 Van Nuys Sold | $825,000 | 4 | 3 | 1,326 | $622 | 0.3 mi |
B 11374 Hela Avenue Sold | $740,000 | 3 | 2 | 1,128 | $656 | 0.8 mi |
C 11625 Hunnewell Pending | $819,900 List Price | 3 | 2 | 1,188 | $690 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1961, the property has been well-maintained with key updates including a kitchen with granite countertops, newer roof, newer HVAC, and copper plumbing. The interior appears functional and move-in ready, consistent with a 5-15 year renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8758, living area = 1188.
The property includes a detached guest house with its own kitchen and private entrance, providing a versatile space for extended family, guests, or potential rental opportunities.
Key infrastructure has been modernized with a newer roof, newer HVAC system, copper plumbing, and double-pane windows, significantly reducing immediate capital expenditure for the buyer.
The detached living unit is an unpermitted garage conversion, which may create complications for certain financing types, insurance coverage, or future city compliance.
At 1,188 sqft for a 3-bedroom, 2-bathroom layout, the main residence is relatively compact, which may feel undersized for larger families despite the total bedroom count.
FANTASTIC SINGLE STORY HOME WITH DETACHED GUEST HOUSE!! Welcome to this charming single-story home featuring 3 bedrooms and 2 bathrooms in the main house plus a detached guest house converted garage, unpermitted with its own private entrance, kitchen, 1 bedroom, and 1 bathroom. Buyer to verify permits and all aspects of guest house. Perfect for extended family, guests, or flexible use.The main home offers an open layout with a spacious living room flowing into the kitchen with granite countertops, abundant cabinetry, and a breakfast bar island. The primary suite includes a private bathroom, along with two additional bedrooms and a full hall bath. Convenient indoor laundry area included. Enjoy the covered patio with recessed lighting and tile flooring, with potential to enclose and add approximately 300 sq ft of living space. Large lot with gated entry, long driveway, possible RV access, and mature fruit trees. Upgrades include newer A/C and heat, newer roof, double-pane windows, and copper plumbing. This property is perfect for a large family or 2 separate families. You are close to great shopping, restaurants, hiking trails, Hansen Dam & Discovery Cube & easy freeway access to the 118 & 210. Short drive to Sunland, La Canada, Burbank, Glendale, Universal Studios Hollywood, or San Fernando/Santa Clarita Valley. Don't let it slip away! Welcome home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,188 | 1,575 | 27% |
| Lot Size | 8,758 | 8,036 | 59% |
| Price | $820.0K | $820.0K | 50% |
| Price per sq ft | $690 | $547 | 77% |
| Built year | 1961 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 151 | 2% |
May 11, 2026
$820,000
Initial Listing
Apr 27, 2015
$370,000
Public Record