
Sylmar, California 91342
This Entry-Level Investment Asset is listed at $289,000, representing a stable acquisition price near its $260,731 Fair Market Value. With a Condition Rating of 4, the unit requires a full kitchen renovation and modern cosmetic updates to maximize its ROI potential. As a 1964 end unit, it offers enhanced privacy and is strategically located near the 210 Freeway and the 9/10 rated Robert Frost Middle School. This property is a high-potential project for Buy-and-Hold Investors or first-time buyers looking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13040 Dronfield Avenue 12 Subject | $289,000* List Price | 1 | 1 | 596 | $437 | - |
A 13040 Dronfield 25 Active | $245,000 List Price | 2 | 1 | 720 | $340 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this property is 60 years old. While the bathroom appears to have received a basic update (likely 15-25 years ago) with functional but simple finishes, the kitchen is significantly outdated with older appliances and cabinetry, suggesting it hasn't been renovated in 30+ years. The overall condition is functional and appears maintained, but the finishes are very dated and would require substantial cosmetic updates to meet modern standards.
Explicitly marketed as a 'Great Investment Opportunity' and 'perfect for first-time buyers or savvy investors,' targeting a broad and active buyer pool.
Conveniently located near the 210 Freeway, offering quick access to transportation, grocery stores, restaurants, and other essential amenities.
With a list price of $289,000, it represents a relatively accessible entry point into the California real estate market for a condominium.
At only 596 sqft, the 1 bed, 1 bath unit is quite small, which may limit its appeal to individuals or couples without extensive space requirements.
Built in 1964, the building is 60 years old, which could imply potential for older infrastructure, systems, or common area maintenance needs.
The monthly association fee of $374.0 is relatively high for a 1-bedroom unit, adding a substantial recurring cost to ownership.
Great Investment Opportunity! Located in a quiet complex. Come see this charming 1 bed, 1 bath end unit—perfect for first-time buyers or savvy investors. This unit offers a unique chance to make it your own or enhance your investment portfolio. Conveniently located near the 210 Freeway, with quick access to grocery stores, restaurants, and more.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 12% |
| Baths | 1.0 | 3.0 | 12% |
| Square foot | 596 | 1,165 | 8% |
| Lot Size | 51,278 | 59,023 | 42% |
| Price | $289.0K | $497.5K | 8% |
| Price per sq ft | $485 | $412 | 85% |
| Built year | 1964 | 1985 | 8% |
| HOA | $374.0 | $380 | 38% |
| Days on market | 317 | 203 | 96% |
Aug 29, 2025
$289,000
Initial Listing
Jun 9, 2025
$299,900
Initial Listing