14428 Rex Street, Sylmar, California 91342, Sylmar, 91342 - 4 bed, 2 bath

14428 Rex Street, Sylmar, California 91342 home-pic-0
ACTIVE$750,000
14428 Rex Street, Sylmar, California 91342
4Beds
2Baths
2,046Sqft
5,892Lot

Price Vs. Estimate

The estimated value ($671,281.495) is $78,718.505 (10%) lower than the list price ($750,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Middle School: Robert Frost Middle School (9/10).
Top Cons:
Extensive Renovation Required: The property is explicitly marketed as needing a 'make-over' and 'sweat equity,' indicating it is not move-in ready and will require substantial investment for modernization.

Compared to the nearby listings

Price:$750.0K vs avg $844.0K ($-94,000)22%
Size:2,046 sqft vs avg 1,651 sqft70%
Price/sqft:$367 vs avg $5249%

More Insights

Built in 1969 (56 years old).
Condition: Built in 1969, this property is explicitly marketed as needing an 'extensive renovation' and 'make-over,' requiring significant 'sweat equity' to transform it into a 'personal gem.' While the listing mentions 'Great Bones,' implying structural soundness, the interior is severely outdated. The bathroom (Image 5) is a prime example, featuring a very dated green color scheme, old vanity, and fixtures, indicating a full remodel is necessary. Other visible elements like popcorn ceilings and older flooring also point to a property that has not seen significant updates in decades. This aligns with the 'Poor' condition criteria, requiring substantial rehabilitation to meet modern living standards, even if the core structure is sound.
Year Built
1969
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$367
HOA
-
Days on market
-
Sold On
-
MLS number
SR25277037
Home ConditionPoor
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

This value priced home is located in a great Sylmar neighborhood, and with its "Great Bones" it's the perfect candidate for a value increasing make-over. Here are a few of its other features: 2,046 square foot floor plan. Spacious living room with ceiling fan and direct side yard access. Kitchen has abundant cabinets, ample counters and adjoining dining area. 4 Bedrooms, large main suite. 2 bathrooms. You're going to enjoy the large backyard. 2 car direct access garage. The property is centrally located, close to schools, major transportation routes, shopping centers and many restaurants. So here is your chance to save thousands, invest in some sweat equity and turn this " Diamond-In-The-Rough" into your personal gem.

Nearby schools

3/10
Sylmar Elementary School
Public,K-50.1mi
6/10
Dyer Street Elementary School
Public,K-50.9mi
4/10
Herrick Avenue Elementary School
Public,K-51.0mi
2/10
Gridley Street Elementary School
Public,K-51.3mi
3/10
Hubbard Street Elementary School
Public,K-51.4mi
3/10
El Dorado Avenue Elementary School
Public,K-51.4mi
4/10
Osceola Street Elementary School
Public,K-51.7mi
6/10
Harding Street Elementary School
Public,K-51.8mi
4/10
Hillery T. Broadous Elementary School
Public,K-53.2mi
4/10
Olive Vista Middle School
Public,6-80.3mi
7/10
Sylmar Leadership Academy
Public,K-80.4mi
3/10
San Fernando Middle School
Public,6-82.2mi
9/10
Robert Frost Middle School
Public,6-83.9mi
5/10
San Fernando Senior High School
Public,9-122.9mi
6/10
John F. Kennedy High School
Public,9-123.6mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.9mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.9mi
7/10
Northridge Academy High
Public,9-126.4mi

Price History

Date
Event
Price
03/03/00
Sold
$182,000
02/08/96
Sold
$133,000
03/14/05
Sold
$468,000
Condition Rating
Poor

Built in 1969, this property is explicitly marketed as needing an 'extensive renovation' and 'make-over,' requiring significant 'sweat equity' to transform it into a 'personal gem.' While the listing mentions 'Great Bones,' implying structural soundness, the interior is severely outdated. The bathroom (Image 5) is a prime example, featuring a very dated green color scheme, old vanity, and fixtures, indicating a full remodel is necessary. Other visible elements like popcorn ceilings and older flooring also point to a property that has not seen significant updates in decades. This aligns with the 'Poor' condition criteria, requiring substantial rehabilitation to meet modern living standards, even if the core structure is sound.
Pros & Cons

Pros

Great Schools: Middle School: Robert Frost Middle School (9/10).
Renovation Potential: The property is described as having 'Great Bones' and being a 'Diamond-In-The-Rough,' offering significant potential for value appreciation through renovation and 'sweat equity'.
Spacious Layout: Features a generous 2,046 sqft floor plan with 4 bedrooms, a large main suite, and a spacious living room, accommodating various family needs.
Prime Location: Centrally located in a desirable Sylmar neighborhood, providing convenient access to schools, major transportation routes, shopping centers, and restaurants.
Outdoor Space: Includes a large backyard, offering valuable outdoor living and entertainment space.
Scenic Views: Benefits from mountain and neighborhood views, enhancing the property's aesthetic appeal.

Cons

Extensive Renovation Required: The property is explicitly marketed as needing a 'make-over' and 'sweat equity,' indicating it is not move-in ready and will require substantial investment for modernization.
Age of Property: Built in 1969, the home is over five decades old, suggesting that major systems and finishes are likely original or outdated, necessitating costly updates.
Outdated Condition (Implied): The description's focus on 'value increasing make-over' strongly implies that the interior, including kitchen and bathrooms, is in an outdated condition, requiring significant upgrades to meet contemporary standards.

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