
Sylmar, California 91342
This Single Family Residence represents a Strong Value Opportunity, listed at $749,000—positioned well below the $749,889 Fair Market Value by 0.12%. With a Condition Rating of 4, the home offers a solid foundation for modernization while providing a generous 7,522 sqft lot with significant potential for an ADU. The property features a spacious bonus room and an enclosed patio, offering versatile living space. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build long-term equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11965 Pierce Street Subject | $749,000* List Price | 4 | 2 | 1,404 | $534 | - |
A 12117 Van Nuys Sold | $825,000 | 4 | 3 | 1,326 | $622 | 0.3 mi |
B 12112 Hoyt Sold | $820,000 | 4 | 3 | 1,788 | $459 | 0.2 mi |
C 11625 Hunnewell Sold | $819,900 | 3 | 2 | 1,188 | $690 | 0.2 mi |
D 11465 Sunburst Sold | $560,000 | 4 | 2 | 1,472 | $380 | 0.8 mi |
E 11648 Prager Avenue Active Under Contract | $769,950 List Price | 4 | 2 | 1,333 | $578 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965 and maintained by the same family for over 50 years, the home is in clean, livable condition but is significantly dated. While it shows pride of ownership and some cosmetic updates like newer flooring in bedrooms, the kitchen, bathrooms, and major systems likely require modernization as they appear to be well beyond the 20-year mark.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7522, living area = 1404.
Held by the same family for over five decades, this well-maintained home reflects a high level of care and provides a solid foundation for the next owner.
Featuring four bedrooms plus a spacious bonus room and an enclosed patio, the property offers significant functional square footage and flexibility for various lifestyle needs.
Given its long-term ownership since 1965, the home likely requires cosmetic updates and modern upgrades to meet contemporary aesthetic and functional standards.
The property is noted as having no views, which may be a disadvantage compared to other homes in the elevated Sylmar and Lakeview Terrace areas that offer mountain or valley vistas.
Some homes are built with walls. Others are built with generations of memories. This is one of them. Located in the Lakeview Terrace/ Sylmar area, this well maintained home has remained in the same family for more than five decades, a true testament to pride of ownership. Offering 4 bedrooms, 2 bathrooms, a spacious bonus room, and an enclosed patio, it provides the perfect opportunity for its next owner to build on its legacy. Whether you envision preserving its timeless character or bringing your own modern touches, this home offers a solid foundation and the space to make it your own. Conveniently located near shopping, parks, recreation, and major freeways, this is more than just a place to live. It is a place where new memories are ready to be made. Call today for a private showing!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,404 | 1,423 |
| Lot Size | 7,522 | 8,597 |
| Price | $749.0K | $799.6K |
| Price per sq ft | $533 | $541 |
| Built year | 1965 | 1963 |
| HOA | $0 | $163 |
| Days on market | 14 | 54 |
Jul 8, 2026
$749,000
Initial Listing