12506 Rajah, Sylmar, California 91342, Sylmar, 91342 - 4 bed, 4 bath
ACTIVE$699,000
12506 Rajah, Sylmar, California 91342
4Beds
4Baths
3,650Sqft
26,994Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top 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 = 26994, living area = 3650.
Top Cons:
Severely Distressed Condition: The property is explicitly stated to be in 'severely distressed condition,' necessitating extensive and costly repairs and renovations.
Compared to the nearby listings
Price:$699.0K vs avg $844.0K ($-145,000)9%
Size:3,650 sqft vs avg 1,651 sqft97%
Price/sqft:$192 vs avg $5241%
More Insights
Built in 1987 (38 years old).
Condition: The MLS description explicitly states the property is in 'severely distressed condition' and 'requires substantial rehabilitation.' Images confirm this, showing unfinished interiors with bare concrete floors, exposed framing, and construction debris, indicating it is currently unlivable. While no specific kitchen or bathroom images are available, the overall state suggests these areas would also require complete renovation. The property, built in 1987, is well beyond minor updates and aligns with the 'poor' condition criteria.
Year Built
1987
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$192
HOA
$37
Days on market
-
Sold On
-
MLS number
SR25276735
Home ConditionPoor
Features
Good View: Canyon
ViewCanyon
About this home
This property is being offered for sale as a pre-foreclosure short sale. The home is in severely distressed condition and requires substantial rehabilitation. This is an excellent opportunity for investors, developers, and owner-occupants with renovation experience to acquire a large lot property in Sylmar.
Nearby schools
3/10
Hubbard Street Elementary School
Public,•K-5•1.3mi
6/10
Harding Street Elementary School
Public,•K-5•1.6mi
2/10
Gridley Street Elementary School
Public,•K-5•2.2mi
3/10
Sylmar Elementary School
Public,•K-5•2.5mi
6/10
Dyer Street Elementary School
Public,•K-5•3.0mi
4/10
Hillery T. Broadous Elementary School
Public,•K-5•3.0mi
4/10
Herrick Avenue Elementary School
Public,•K-5•3.5mi
4/10
Osceola Street Elementary School
Public,•K-5•3.8mi
3/10
El Dorado Avenue Elementary School
Public,•K-5•3.8mi
7/10
Sylmar Leadership Academy
Public,•K-8•2.6mi
4/10
Olive Vista Middle School
Public,•6-8•2.8mi
3/10
San Fernando Middle School
Public,•6-8•3.5mi
9/10
Robert Frost Middle School
Public,•6-8•6.4mi
5/10
San Fernando Senior High School
Public,•9-12•4.3mi
6/10
John F. Kennedy High School
Public,•9-12•5.9mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•7.2mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•7.2mi
7/10
Northridge Academy High
Public,•9-12•8.8mi
Price History
Date
Event
Price
06/13/22
Sold
$1,535,000
05/20/21
Sold
$1,250,000
05/22/12
Sold
$565,000
Condition Rating
Poor
The MLS description explicitly states the property is in 'severely distressed condition' and 'requires substantial rehabilitation.' Images confirm this, showing unfinished interiors with bare concrete floors, exposed framing, and construction debris, indicating it is currently unlivable. While no specific kitchen or bathroom images are available, the overall state suggests these areas would also require complete renovation. The property, built in 1987, is well beyond minor updates and aligns with the 'poor' condition criteria.
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 = 26994, living area = 3650.
Great Schools: Middle School: Robert Frost Middle School (9/10).
Significant Investment Potential: Offered as a pre-foreclosure short sale in distressed condition at a substantially reduced price (current list price $699,000 vs. $1.535M in 2022), presenting a high-equity opportunity for investors and renovators.
Expansive Lot Size: A generous 26,994 sqft lot provides ample outdoor space for potential landscaping, expansion, or additional amenities.
Substantial Living Space: With 3,650 sqft, 4 bedrooms, and 4 bathrooms, the property offers considerable interior space for a large family or flexible living arrangements.
Scenic Canyon Views: The property boasts desirable canyon views, enhancing its aesthetic appeal and potential market value.
Minimal Association Fees: A very low monthly association fee of $37.0 contributes to lower ongoing ownership costs.
Cons
Severely Distressed Condition: The property is explicitly stated to be in 'severely distressed condition,' necessitating extensive and costly repairs and renovations.
Substantial Rehabilitation Required: Buyers must be prepared for a significant financial and time commitment to undertake the 'substantial rehabilitation' needed to restore the home.
Complex Transaction Type: Being a 'pre-foreclosure short sale' implies a potentially lengthy and complicated purchasing process, often involving bank approvals and extended timelines.