13040 Dronfield Avenue 3, Sylmar, California 91342, Sylmar, 91342 - 1 bed, 1 bath
ACTIVE$219,950
13040 Dronfield Avenue 3, Sylmar, California 91342
1Bed
1Bath
613Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Middle School: Robert Frost Middle School (9/10).
Top Cons:
Compact Living Space: With only 1 bedroom, 1 bathroom, and 613 square feet, the property offers limited living space, which may not suit individuals or families requiring more room.
Compared to the nearby listings
Price:$219.9K vs avg $494.5K ($-274,550)11%
Size:613 sqft vs avg 1,162.5 sqft11%
Price/sqft:$359 vs avg $41814%
More Insights
Built in 1964 (61 years old).
Condition: Built in 1964, this property shows significant signs of age and requires substantial rehabilitation. The kitchen features very dated white cabinets, old laminate/tile countertops, white appliances, and tile flooring, all of which are far from current standards. There is no central air conditioning, relying instead on a wall-mounted unit. Popcorn ceilings are present throughout, and the carpet is an outdated color. While the property appears clean and functional, it needs a complete overhaul of the kitchen, bathroom (likely similar condition), flooring, and HVAC systems to meet modern expectations for comfort and aesthetics.
Year Built
1964
Close
-
List price
$220K
Original List price
$220K
Price/Sqft
$359
HOA
$356
Days on market
-
Sold On
-
MLS number
P1-24877
Home ConditionPoor
Features
View-
About this home
Amazing opportunity at an affordable price. Based on comparable sales and rent this condo can generate 7.86% cap rate for investors. This condo is located across the street from Sylmar Elementary, Sylmar High School and within walking distance of Foothill Blvd.
Nearby schools
2/10
Gridley Street Elementary School
Public,•K-5•0.6mi
3/10
Sylmar Elementary School
Public,•K-5•0.7mi
6/10
Dyer Street Elementary School
Public,•K-5•0.8mi
3/10
Hubbard Street Elementary School
Public,•K-5•0.9mi
6/10
Harding Street Elementary School
Public,•K-5•1.1mi
4/10
Herrick Avenue Elementary School
Public,•K-5•1.6mi
4/10
Osceola Street Elementary School
Public,•K-5•1.7mi
3/10
El Dorado Avenue Elementary School
Public,•K-5•1.7mi
4/10
Hillery T. Broadous Elementary School
Public,•K-5•2.5mi
4/10
Olive Vista Middle School
Public,•6-8•0.9mi
7/10
Sylmar Leadership Academy
Public,•K-8•1.0mi
3/10
San Fernando Middle School
Public,•6-8•1.7mi
9/10
Robert Frost Middle School
Public,•6-8•4.4mi
5/10
San Fernando Senior High School
Public,•9-12•2.5mi
6/10
John F. Kennedy High School
Public,•9-12•3.7mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.0mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.0mi
7/10
Northridge Academy High
Public,•9-12•6.6mi
Condition Rating
Poor
Built in 1964, this property shows significant signs of age and requires substantial rehabilitation. The kitchen features very dated white cabinets, old laminate/tile countertops, white appliances, and tile flooring, all of which are far from current standards. There is no central air conditioning, relying instead on a wall-mounted unit. Popcorn ceilings are present throughout, and the carpet is an outdated color. While the property appears clean and functional, it needs a complete overhaul of the kitchen, bathroom (likely similar condition), flooring, and HVAC systems to meet modern expectations for comfort and aesthetics.
Pros & Cons
Pros
Great Schools: Middle School: Robert Frost Middle School (9/10).
High Investment Potential: The property offers a strong 7.86% capitalization rate based on comparable sales and rent, making it highly attractive for investors seeking solid returns.
Affordable Price Point: Listed at an affordable price, this condo presents an excellent opportunity for first-time homebuyers or investors looking for an accessible entry into the market.
Prime School Proximity: Strategically located directly across the street from Sylmar Elementary and Sylmar High School, offering unparalleled convenience for families with school-aged children.
Walkable Location: The condo is within walking distance of Foothill Blvd, providing easy access to local amenities, public transportation, and commercial establishments.
Condominium Lifestyle: As a condominium, it typically offers lower exterior maintenance responsibilities and potential access to shared community amenities (though not specified, it's a general condo benefit).
Cons
Compact Living Space: With only 1 bedroom, 1 bathroom, and 613 square feet, the property offers limited living space, which may not suit individuals or families requiring more room.
Older Construction: Built in 1964, the property is an older construction, which could imply dated systems, potential for deferred maintenance, or a need for modern aesthetic updates.
Monthly Association Fee: A monthly association fee of $356.0 adds to the overall housing cost, which could impact affordability for some buyers or reduce net returns for investors.