12055 Kagel Canyon Road, Sylmar, California 91342, Sylmar, 91342 - 3 bed, 1 bath

12055 Kagel Canyon Road, Sylmar, California 91342 home-pic-0
ACTIVE$339,950
12055 Kagel Canyon Road, Sylmar, California 91342
3Beds
1Bath
978Sqft
15,966Lot
Year Built
1932
Close
-
List price
$340K
Original List price
$400K
Price/Sqft
$348
HOA
-
Days on market
-
Sold On
-
MLS number
SR24008947
Home ConditionTear down
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $339.9K(1th), sqft - 978(5th), beds - 3(50th), baths - 1(9th).

Here’s your chance to create something extraordinary on a spacious 15,966 SF lot with the option to purchase the adjacent property (APN 2526008011) and expand to over an acre! Whether you’re a flipper, developer, or first-time buyer looking to build your private estate, the potential here is unmatched. From creating a luxurious compound with a guest house and mountain views to building 7–10 units, the choice is yours. The property at 12055 Kagel Cyn features a 978 SF, 3-bedroom, 1-bath, while the adjacent 12047 Kagel Cyn property adds a 336 SF studio with 1 bath on a 35,170 SF lot—together totaling 51,136 SF. Tucked in the heart of Kagel Canyon, you’ll be steps from the Hideaway Bar and Grill and a short drive to Shadow Hills and Lake View Terrace. Opportunities like this don’t come often. Sold separately or together, these properties are waiting for your vision. Sold AS IS—Buyer to verify all details with LA Building and Safety. Don’t let this one pass you by!

Price History

Date
Event
Price
11/21/25
Price Change
$339,950
01/15/24
Listing
$399,999
Condition Rating
Tear down

Built in 1932, the property is clearly unlivable in its current state. Images reveal exposed framing, bare subfloors, unfinished walls, a large hole in the ceiling with exposed insulation, and no visible finished kitchen or bathroom. The listing description emphasizes the land's development potential for a 'flipper, developer, or first-time buyer looking to build your private estate' or '7-10 units,' indicating the existing structure holds little value and is likely beyond practical repair, requiring demolition or a complete rebuild.
Pros & Cons

Pros

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 = 15966, living area = 978.
Exceptional Development Potential: The property offers significant potential for flippers, developers, or those seeking to build a private estate, with the option to purchase an adjacent parcel to expand to over an acre and potential for 7-10 unit development.
Generous Lot Size: A spacious 15,966 SF lot provides ample room for expansion, new construction, or creating a luxurious compound.
Scenic Mountain Views: The property boasts desirable mountain views, enhancing its aesthetic appeal and potential value.
Strategic Location & Local Amenities: Tucked in Kagel Canyon, the property is steps from the Hideaway Bar and Grill and a short drive to Shadow Hills and Lake View Terrace, offering convenient access to local attractions.
Recent Price Reduction: The list price has been reduced from $399,999 to $339,950, potentially offering a more attractive entry point for investors or developers.

Cons

As-Is Condition & Age of Property: Built in 1932 and sold 'AS IS,' the existing structure likely requires significant renovation, repairs, or a complete rebuild, implying substantial additional investment.
Small, Outdated Existing Structure: The current 978 SF, 3-bedroom, 1-bath home is small and likely outdated, making it unsuitable for immediate move-in without extensive modernization.
Buyer Verification Burden: The listing explicitly states 'Buyer to verify all details with LA Building and Safety,' suggesting potential complexities, non-compliance issues, or a lack of clear documentation that places a significant burden on the buyer.

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