
Sylmar, California 91342
This High-Potential Investment Opportunity is listed at a List Price of $229,000—positioned well below the $236,112 Fair Market Value by 3%. This valuation gap offers $7,112 in Instant Equity. Featuring a Condition Rating of 4, the unit includes new paint and laminate flooring, though the kitchen and bath remain dated. Located near Robert Frost Middle School, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, move-in-ready entry point into the Sylmar market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13050 Dronfield 16 Subject | $229,000* List Price | 2 | 1 | 733 | $322 | - |
A 13040 Dronfield 25 Sold | $255,000 | 2 | 1 | 720 | $354 | 0.0 mi |
B 13040 Dronfield Ave 1 Active | $165,000 List Price | 1 | 1 | 596 | $277 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1964 and, while it features recent cosmetic improvements such as new paint and laminate flooring, the kitchen and bathroom remain dated with older cabinetry and tile work. The unit appears functional and move-in ready, but the core systems and wet areas likely exceed the 20-year threshold for modern updates.
Middle School: Robert Frost Middle School (9/10).
Priced competitively at $229,000, this property represents a rare entry-level opportunity for a two-bedroom residence in the Los Angeles market, ideal for first-time buyers or investors.
The unit features brand new paint and beautiful laminate flooring throughout, offering a fresh, move-in-ready aesthetic that minimizes immediate renovation costs for the new owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =51278, other record lot size in square feet = 51467.
The monthly association fee of $440 is relatively high in proportion to the listing price, which may impact overall affordability and mortgage qualification for some buyers.
At just 733 square feet for a two-bedroom configuration, the living space is quite compact, which may pose challenges for those requiring larger furniture or significant storage.
Priced to sell fast. Located in a quiet complex.. 2 bedrooms and one bathroom in Sylmar. All new paint. This condo features beautiful Laminate flooring throughout the unit. Unit includes one assigned parking space in gated parking lot. Excellent property, near shopping center, bus stop and freeway. Upstairs unit. Great location.
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 |
|---|---|---|
| Beds | 2.0 | 1.5 |
| Baths | 1.0 | 1.0 |
| Square foot | 733 | 729.5 |
| Lot Size | 51,278 | 56,548.5 |
| Price | $229.0K | $514.3K |
| Price per sq ft | $312 | $409 |
| Built year | 1964 | 1974 |
| HOA | $440.0 | $377 |
| Days on market | 12 | 86 |
Jul 10, 2026
$229,000
Initial Listing
Nov 5, 2014
$1,400,000
Public Record