13050 Dronfield Ave 21, Sylmar, California 91342, Sylmar, 91342 - 3 bed, 2 bath
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Sylmar, California 91342
This property presents a High-Potential Investment Opportunity with a List Price of $275,000, currently aligned with its $275,000 Fair Market Value. While the unit requires significant updates due to its Condition Rating of 5, it is already generating $2,500 in monthly rental income, supporting a 7% cap rate. Located in a highly walkable area near Foothill Blvd and across from local schools, this asset offers immediate cash flow and long-term value-add potential. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13050 Dronfield Ave 21 Subject | $275,000* List Price | 3 | 2 | 1,039 | $265 | - |
A 13050 Dronfield 16 Active | $242,000 List Price | 2 | 1 | 733 | $330 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964, this property is explicitly marketed as needing 'sweat equity' and 'a little TLC,' which is evident throughout the images. The kitchen features very dated white flat-panel cabinets and laminate countertops, with no visible modern appliances. Bathrooms appear basic and original or very old, with older fixtures and tile. The entire unit has dark brown carpeting, popcorn ceilings, and relies on outdated wall-mounted AC units and a wall heater for climate control. The overall condition suggests substantial cosmetic and system rehabilitation is required to bring it to modern standards, aligning with the 'poor' category's criteria for properties built over 30 years ago with no major renovations in decades, requiring significant updates.
Middle School: Robert Frost Middle School (9/10).
The property is ideally situated directly across the street from Sylmar Elementary and Sylmar High School, offering unparalleled convenience for families with school-aged children.
Enjoy easy walking access to essential amenities on Foothill Blvd, including Starbucks, Vons, Vallarta, the Post Office, and a soon-to-open In-N-Out, enhancing daily convenience.
Built in 1964 and noted as needing 'a little TLC,' indicating potential for immediate renovation costs and updates to modernize the living space.
A recurring monthly association fee of $358.0 adds to the overall cost of homeownership, which should be factored into the budget.
While it 'has a view,' it is described as a 'Neighborhood' view, lacking premium scenic vistas that might appeal to some buyers.
Calling all Investors!! Don't miss this amazing opportunity to own an affordable investment home in one of Sylmar's most accessible neighborhoods with a 7% cap rate. The home is already collecting $2500 per month in rental income and provides amazing ROI for experienced or 1st time investors. Located in a well-maintained community, this unit is perfectly positioned right across the street from Sylmar Elementary and Sylmar High School -- making morning routines a breeze. Enjoy the convenience of being just steps from Foothill Blvd, where you'll find Starbucks, Vons, Vallarta, the Post Office, and a brand new In-N-Out - all within easy walking distance. Commuters will also appreciate quick access to freeways and public transportation.Schedule a tour today and imagine the long-term possibilities!
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 | 3.0 | 1.5 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,039 | 729.5 |
| Lot Size | - | 56,548.5 |
| Price | $275.0K | $514.3K |
| Price per sq ft | $265 | $409 |
| Built year | 1964 | 1974 |
| HOA | $358.0 | $377 |
| Days on market | 299 | 86 |
Jun 19, 2026
$275,000
$315,000
-13% Price Drop
Initial Listing
Nov 26, 2025
$315,000
$349,999
-10% Price Drop
Initial Listing
Sep 26, 2025
$349,999
Initial Listing