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12601 Lazard Street, Sylmar, California 91342, Sylmar, 91342 - 7 bed, 5 bath

12601 Lazard Street, Sylmar, California 91342 home-pic-0
ACTIVE$1,250,000
12601 Lazard Street, Sylmar, California 91342
7Beds
5Baths
2,449Sqft
8,187Lot
Year Built
1962
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$510
HOA
-
Days on market
-
Sold On
-
MLS number
SR25069828
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.25M(89th), sqft - 2449(84th), beds - 7(97th), baths - 5(95th).

Incredible Opportunity in Sylmar – 3 Units with a Total of 7 Bedrooms and 5 Bathrooms! A rare find offering two separate units on one lot, perfect for multi-generational living or rental income! This unique property features a combined total of 7 bedrooms and 5 bathrooms, providing ample space and flexibility for a variety of living arrangements or investment strategies. Great potential for owner-occupancy with rental income or use as a full investment property. Spacious Layouts – Generous bedroom count ideal for large families or shared living situations, Private Outdoor Space – Plenty of room for entertaining, parking, or future customization, Convenient Location – Close to freeways, schools, shopping, and dining options in the heart of Sylmar. Whether you're looking to expand your investment portfolio or searching for a home with room to grow, this property offers exceptional value and potential.

Nearby schools

3/10
Hubbard Street Elementary School
Public,•K-5•1.0mi
6/10
Harding Street Elementary School
Public,•K-5•1.1mi
2/10
Gridley Street Elementary School
Public,•K-5•1.8mi
3/10
Sylmar Elementary School
Public,•K-5•2.2mi
4/10
Hillery T. Broadous Elementary School
Public,•K-5•2.6mi
6/10
Dyer Street Elementary School
Public,•K-5•2.6mi
4/10
Herrick Avenue Elementary School
Public,•K-5•3.2mi
4/10
Osceola Street Elementary School
Public,•K-5•3.4mi
3/10
El Dorado Avenue Elementary School
Public,•K-5•3.5mi
7/10
Sylmar Leadership Academy
Public,•K-8•2.3mi
4/10
Olive Vista Middle School
Public,•6-8•2.5mi
3/10
San Fernando Middle School
Public,•6-8•3.1mi
9/10
Robert Frost Middle School
Public,•6-8•6.1mi
5/10
San Fernando Senior High School
Public,•9-12•3.8mi
6/10
John F. Kennedy High School
Public,•9-12•5.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•6.8mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•6.8mi
7/10
Northridge Academy High
Public,•9-12•8.4mi

Price History

Date
Event
Price
04/10/25
Listing
$1,250,000
Condition Rating
Fair
The property was built in 1962, making it 62 years old. While the listing emphasizes its potential for multi-unit income, there are no interior images to assess the condition, style, or features of the kitchen, bathrooms, flooring, or appliances. The single exterior image shows an older home with some unkempt landscaping, suggesting it is aged. Without any indication of recent major renovations, it is highly probable that the interior components are outdated and would require significant updates to meet current quality standards. The property appears functional and livable, but likely shows signs of its age, fitting the 'Fair' category where major components are functional but outdated and minor updates or repairs are required.
Pros & Cons

Pros

Multi-Unit Income Potential: The property explicitly offers 3 units on one lot, providing significant flexibility for rental income or multi-generational living, a rare and highly desirable feature.
High Occupancy Capacity: With a combined total of 7 bedrooms and 5 bathrooms, the property can accommodate large families or multiple tenants, maximizing potential rental yield.
Strategic Location: Conveniently situated close to freeways, schools, shopping, and dining options, enhancing tenant appeal and accessibility.
Generous Outdoor Space: The substantial 8,187 sqft lot provides ample private outdoor space for entertaining, parking, or future customization.
Desirable Mountain Views: The property offers appealing mountain views, adding to its aesthetic value and overall desirability.

Cons

Property Type Discrepancy: Listed as a 'Single Family Residence' but described as having '3 Units,' which raises concerns about zoning compliance, permitting for additional units, and potential financing challenges that require clarification.
Age of Construction: Built in 1962, the property may require significant updates to its core systems (electrical, plumbing, HVAC) and cosmetic renovations to meet modern standards and appeal, potentially incurring additional costs.
Potential for Compact Unit Sizes: With 2,449 sqft divided among 3 units and 7 bedrooms, individual unit sizes may be relatively compact, which could limit appeal for tenants or owner-occupants seeking more spacious living areas.

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